Purchase of Own Securities

Monks Investment Trust PLC
7 December 1999


ON 6 DECEMBER 1999, THE COMPANY PURCHASED FOR CANCELLATION 150,000 ORDINARY
SHARES AT A PRICE OF 958.00P PER ORDINARY SHARE, BRINGING THE TOTAL NUMBER OF
SHARES BOUGHT BACK TO 2,945,000.  THERE REMAINS 74,647,000 SHARES IN ISSUE.