Transaction in Own Shares

Brunner Investment Trust PLC
25 February 2004


The Brunner Investment Trust PLC announces that on 25 February  2004 it
purchased 175,000 Ordinary 25p Shares, (representing 0.32% of the issued class
of capital), at 263.5p per Ordinary Share, for cancellation.

Settlement and cancellation of the purchased 175,000 Ordinary Shares is due on 1
March 2004 when the issued share capital of the Trust will fall to 54,185,416
Ordinary 25p Shares.


Enquiries:

Kirsten Salt
Company Secretary
Tel: [phone]
25 February 2004


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