15.5.1 model code exemption

Murray International Trust PLC
03 January 2008

3/01/2008

MURRAY INTERNATIONAL TRUST PLC ('the Company')

Murray International Trust PLC announces that it is satisfied, by virtue of the
points listed below, that all inside information which the Directors and the
Company may have in the period leading up to the Announcement of the Annual
Results, has been notified to a Regulated Information Service ('RIS') and that
the Company is thereby exempted from the provisions of the Model Code in
relation to closed periods for any dealings by persons discharging managerial
responsibilities in the Company and any purchases by the Company of its own
securities.

In so stating the Company has regard to;

1)      the announcement on the 3 January 2008 of the Net Asset Value per share
as of the close of business on the 2 January 2008,

2)      the company's belief, following reasonable enquiries, that there will be
no material difference between the information published on the 3 January 2008
and that to be included in the forthcoming Preliminary Announcement of the
Annual Results,

3)      the Company's practice of calculating Net Asset Values per share each
business day and the announcement of these Net Asset Values to an RIS,

4)      there being no other unpublished information which constitutes price
sensitive information in respect of the Company's securities and

5)      there being no unquoted investments within the Company's portfolio,

This announcement is issued pursuant to paragraph 15.5.1 of the FSA Listing
Rules as amended 28/09/2007.


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