Transaction in Own Shares

Monks Investment Trust PLC
07 August 2006


                         The Monks Investment Trust PLC

                           Purchase of Own Securities

On 4 August 2006, the Company purchased for cancellation 65,000 ordinary shares
at a price of  261.535p.

There remain 286,670,295 ordinary shares in issue.

                                                           Baillie Gifford & Co.

                                                             Company Secretaries

                                                                   7 August 2006


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