Treasury Stock

Manchester & London Inv Tst PLC
30 August 2005


MANCHESTER & LONDON INVESTMENT TRUST PLC

TREASURY SHARES

In accordance with Section 12.6.4 of the listing rules:

Date of sale:                     26.08.05

Number of shares:                 1,000 Ord. 25p

Sale price:                       3.20

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



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