Transaction in Own Shares

MURRAY INCOME TRUST PLC - SHARE BUY-BACK


On  22 April 2005, Murray Income Trust PLC purchased for cancellation 44,618  of
its own ordinary shares at 498.7225 pence per share.

Following  the  transaction  the  Company's issued  ordinary  share  capital  is
67,957,458 ordinary shares of 25p each.