Purchase of Own Securities

MURRAY INCOME TRUST PLC
16 September 1999


MURRAY INCOME TRUST PLC - SHARE BUY-BACK
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On 16 September 1999 Murray Income Trust PLC purchased for cancellation
150,000 of its own ordinary shares at 447p per share.

Following the transaction the company's issued ordinary share capital is
85,473,862 ordinary shares of 25p each.