Director/PDMR Shareholding

Lindsell Train Investment Trust PLC
16 February 2006



          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company

LINDSELL TRAIN INVESTMENT TRUST PLC


2. Name of person discharging managerial responsibilities/director

NICHOLAS TRAIN


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of a connected person
or in respect of a non-beneficial interest

PERSON IN 2 ABOVE AND CONNECTED PERSON


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

BARCLAYS NOMINEES


5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

CONNECTED PERSON  -  ELIZABETH TRAIN


6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

MARKET PURCHASE


7. Number of shares / amount of stock acquired

NICHOLAS TRAIN  =      6
ELIZABETH TRAIN = 145


8. Percentage of issued class

0.075%


9. Number of shares/amount of stock disposed



10. Percentage of issued class



11. Class of security

ORDINARY SHARES


12. Price per share

£120.50


13. Date of transaction

14.02.2006


14. Date company informed

15.02.2006


15. Total holding following this notification

10,403


16. Total percentage holding of issued class following this notification

5.20%


If a director has been granted options by the company please complete the
following boxes.

17. Date of grant



18. Period during which or date on which exercisable



19. Total amount paid (if any) for grant of the option



20. Description of shares or debentures involved: class, number



21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise



22. Total number of shares or debentures over which options held following this
notification



23. Any additional information



24. Name of contact and telephone number for queries

D HAYES  -  01245 398950


25. Name and signature of authorised company official responsible for making
this notification

PHOENIX ADMINISTRATION SERVICES LTD - COMPANY SECRETARY


Date of Notification

16.02.2006


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