Director Shareholding

Monks Investment Trust PLC
11 April 2001

Schedule 11 - Notification of interests of Directors and Connected Persons.


 1. Name of Company:

    The Monks Investment Trust Plc

 2. Name of Director:

    Lord Howell of Guildford

 3. Please state whether notification indicates that it is in respect of
    holding of the director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest:

    The Rt. Hon. Lord David Howell and

    Lady Howell

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

    The Rt. Hon. Lord David Howell - 615 shares *

    The Rt. Hon. Lord David Howell - (210) shares £

    Lady Howell - 615 shares *

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



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

    * Purchased through ISA

    £ Sale of PEP

 7. Number of shares/amount of stock acquired.

    1,230 *

 8. Percentage of issued class:

    0.002%

 9. Number of shares/amount of stock disposed:

    210 £

10. Percentage of issued class:

    0.0003%

11. Class of security:

    Ordinary 10p shares

12. Price per share:

    £11.01 *

    £10.62 £

13. Date of transaction:

    02 February 2001 *

    01 November 2000 £

14. Date company informed:

    09 April 2001

15. Total holding following this notification:

    1,230

16. Total percentage holding of issued class following this notification:

    0.002%

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: