Top 10 Holdings

MURRAY INCOME TRUST PLC


In accordance with UKLA Listing Rule 21.20(l)(ii) as at 31 March 2005, the
Company has the following investments with a value greater than 5% of the
Company's gross assets:


Security                         % Gross Assets

BP                                   7.83
Shell Transport & Trading            6.90
HSBC Holdings                        5.58


A list of the 10 largest investments as at 31 March 2005 is detailed below:

Security                        % Gross Assets

BP                                   7.83
Shell Transport & Trading            6.90
HSBC Holdings                        5.58
Barclays                             3.98
Aviva                                3.77
Royal Bank of Scotland Group         3.68
GUS                                  3.08
Diageo                               2.74
British American Tobacco             2.61
GlaxoSmithkline                      2.60


Aberdeen Asset Management
Secretary to Murray Income Trust PLC