Net Asset Value(s)

Lindsell Train Investment Trust PLC
30 December 2005

The Lindsell Train Investment Trust plc

It is announced that at the close of business on 23 December 2005, the
un-audited Net Asset Value per share of the following investment trust company,
managed by Lindsell Train Limited, is:-

The Lindsell Train Investment Trust plc - £131.2522 per ordinary share

Notes:

1.  Revenue to date is included in the Net Asset Value calculation

2.  The above Net Asset Value has been calculated using mid-market prices.  With
effect from 1 January 2006, future announcements of Net Asset Value by the
company will be calculated using bid prices.

Phoenix Administration Services Limited - Secretary


                      This information is provided by RNS
            The company news service from the London Stock Exchange