Admission to theOfficial List

Lindsell Train Investment Trust PLC
22 January 2001

Admission to the Official List

The Board of The Lindsell Train Investment Trust PLC (the 'Company') announces
today that gross proceeds in excess of £20,000,000 have been received pursuant
to a placing of 200,000 ordinary shares of 25p each in the capital of the
Company at a price of £100 per share.  Total expenses relating to the placing
will not exceed 1.2% of the gross placing proceeds.  Dealings in the new
ordinary shares commenced on 22 January 2001 and certificates and balance
cheques are expected to be despatched by 31 January 2001.

The Board of the Company announces that it has appointed Cazenove & Co. as the
Company's corporate broker.

Enquiries:

Michael Lindsell/Nick Train     020 7225 6400
Lindsell Train Limited

Angus Gordon Lennox             020 75882828
Cazenove & Co