Transaction in Own Shares

Manchester & London Inv Tst PLC
24 February 2006



MANCHESTER & LONDON INVESTMENT TRUST PLC


TREASURY SHARES


In accordance with Section 12.6.4 of the listing rules:


Date of sale:                     23.02.06

Number of shares:                 2,500 Ord. 25p

Sale price:                       3.60

Total now held in treasury:       Nil

Total now in issue:               7,500,000 Ord 25p


For enquiries:

Manchester & London Investment Trust Plc - 0161 242 2899

Midas Investment Management Limited - 0870 121 1445




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