Quartrly Portfolio Disclosure

Murray Income Trust PLC
05 January 2004



MURRAY INCOME TRUST PLC


In accordance with UKLA Listing Rule 21.20(l)(ii) as at 31 December 2003, the
Company has the following investments with a value greater than 5% of the
Company's gross assets:



Security                                        % Gross Assets
----------                                      ----------------

                                          
BP                                                    11.8

HSBC Holdings                                          9.6

Shell Transport & Trading Ord                          7.4


A list of the 10 largest investments as at 31 December 2003 is detailed below:

Security                                      % Gross Assets
----------                                    -----------------

                                 
BP Ord                                                11.8

HSBC Holdings Ord                                      9.6

Shell Transport & Trading                              7.4

Barclays PLC                                           4.6

Lloyds TSB Group                                       4.3

Royal Bank of Scotland Group                           3.6

Aviva                                                  3.1

Anglo American                                         2.9

Diageo                                                 2.9

BHP Billiton                                           2.6



Aberdeen Asset Management

Secretary to Murray Income Trust PLC




                      This information is provided by RNS
            The company news service from the London Stock Exchange