Transaction in Own Shares

Witan Investment Trust PLC
23 January 2006

WITAN INVESTMENT TRUST PLC

23 JANUARY 2006



                           WITAN INVESTMENT TRUST PLC

           Market Purchase by the Company of its own Ordinary Shares

Witan Investment Trust plc hereby gives notification that, pursuant to the
authority granted at the Annual General Meeting of the Company held on 31 March
2005 to make market purchases of the Company's own shares, a market purchase of
5,000,000 ordinary shares of 25p each of the Company was made today at a price
of 407p per share.

Following the purchase and cancellation of the above shares, 288,802,151
ordinary shares of 25p each will remain in issue.

                                     -ENDS-



For further information please contact:

Jim Horsburgh

Chief Executive Officer

Witan Investment Trust plc

Tel: [phone]

or

James Budden

Marketing Director

Witan Investment Trust plc

Tel: [phone]


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