Corporate Action

Murray Income Trust PLC
6 September 2000

CAPITALISATION ISSUE UPDATE
SECURITY TITLE
*'B' Ord Shs.
MNEMONIC CODE        *MUTB
SEDOL CODE           *611-134
TERMS                *Shareholders will receive 2.77025 'B' Shares for every    
                     hundred held. 
DEALINGS COMMENCE NEW SHARES *Info n/a
PROVISIONAL EX DATE  *02-10-00
RECORD DATE          *06-10-00
NOTES *