Portfolio Update

Monks Investment Trust PLC
04 November 2005


                         THE MONKS INVESTMENT TRUST PLC

   Statement of Top Ten Investments and all Holdings Over 5% of Total Assets

31 October 2005

No      Holding                                               % of Total Assets

1.      Baillie Gifford Pacific C Income                                 6.5%
2.      Encana                                                           2.8%
3.      Moody's                                                          2.7%
4.      Petrobras                                                        2.7%
5.      Suncor Energy                                                    2.6%
6.      Golden West Finl.                                                2.4%
7.      EOG Resources                                                    2.2%
8.      Altria                                                           2.2%
9.      Burlington Resources                                             2.1%
10.     Baillie Gifford Japanese Smaller C Accumulation                  1.7%


                                                           Baillie Gifford & Co.
                                                             Company Secretaries
                                                                 4 November 2005



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