Correction to share buy back made 17 January 2005

Correction to announcement made 17 January 2005

                  Martin Currie Portfolio Investment Trust plc
                  Stock Exchange Announcement - 17 January 2005

Martin Currie Portfolio Investment Trust plc, on 17 January 2005, has bought
back 75,000 ordinary shares at a price of 83.5p per share for immediate
cancellation.  Following this purchase 161,632,454 ordinary shares remain in
issue.