Transaction in Own Shares

Witan Investment Trust PLC
16 May 2006

WITAN INVESTMENT TRUST PLC

16 MAY 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 24 April
2006 to make market purchases of the Company's own shares, a market purchase of
300,000 ordinary shares of 25p each of the Company was made today at a price of
421.2344p per share.

Following the purchase and cancellation of the above shares, 269,309,887
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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