Director Shareholding

Witan Inv Tst PLC
8 January 2002


                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

 1. Name of company

WITAN INVESTMENT TRUST PLC

2) Name of director

R H McGRATH

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-

beneficial interest or in the case of an individual holder if it is a

holding of that person's spouse or children under the age of 18 or in

respect of a non-beneficial interest

INVESTMENT THROUGH THE JUMP PLAN BY MRS R H McGRATH ON BEHALF OF A

GRANDCHILD


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

LLOYDS TSB REGISTRARS SAVINGS NOMINEES LIMITED



5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

AS IN 3 ABOVE



6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
AS IN 3 ABOVE


7) Number of shares/amount of stock acquired
50

8) Percentage of issued class
INSIGNIFICANT

9) Number of shares/amount
of stock disposed

-

10) Percentage of issued class

-

11) Class of security
ORDINARY 25P SHARES


12) Price per share
390p

13) Date of transaction
28 DECEMBER 2001


14) Date company informed
7 JANUARY 2002


15) Total holding following this notification
27,688 (BENEFICIAL)AND 50 (NON-BENEFICIAL)


16) Total percentage holding of issued class following this notification
0.008%


If a director has been granted options by the company please complete the
following boxes

17) Date of grant
-


18) Period during which or date on which exercisable
-


19) Total amount paid (if any) for grant of the option
-


20) Description of shares or debentures involved: class, number
-


21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
-


22) Total number of shares or debentures over which options held
following this notification
-

23) Any additional information
-

24) Name of contact and telephone number for queries
G S RICE - 020 7818 4469



25) Name and signature of authorised company official responsible for
making this notification

G S RICE

FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED

Date of Notification : 8 JANUARY 2002