Amendment to nav @18 April 2005

AMENDMENT TO NAV @ 18 APRIL 2005

MURRAY INCOME TRUST PLC

The NAV on 19 April 2005 was incorrectly announced as 562.59p.

The correct announcement should read:

As at close of business on 18 April the unaudited net asset values per ordinary
share calculated in accordance with the AITC formula (excluding current
financial year revenue items) were:

Murray Income Trust PLC (p)                  552.59

The net asset values per share including debt marked at fair value were:

Murray Income Trust PLC (p)                  552.55

CONTACT: A M Johnston on 0131 313 1000