Result of Annual General Meeting

14 October 2009

                    MANCHESTER & LONDON INVESTMENT TRUST PLC

                             AGM Resolutions passed

Manchester & London Investment Trust Plc announces that at the Annual General
Meeting of the Company held today, all of the resolutions set out in the notice
of meeting were duly passed.  Copies of the notice of the Meeting containing
the resolutions have been submitted to the UK Listing Authority and will be
available for inspection at the UK Listing Authority's Document Viewing
Facility, which is situated at:

UKLA,

Financial Services Authority,

25 The North Colonnade,

Canary Wharf,

London,

E14 5HS.

Tel: [phone]

The results of the proxy votes lodged in advance of the meeting are set
out below:  

   Resolution                             For                          Vote    
                                                      Against      withheld    
                                                                               
1   Annual Report                         11,845,530          0               0
                                                                               
2   Remuneration Report                   11,845,330        200               0
                                                                               
3   To declare a dividend of 6p per share 11,845,530          0               0
                                                                               
4   To re-elect P H Stanley as a director 11,843,030      2,500               0
                                                                               
5   To re-elect B Sheppard as a director  11,845,530          0               0
                                                                               
6   To re-appoint D Harris as a director  11,845,530          0               0
                                                                               
7   To re-appoint the Auditors            11,845,530          0               0
                                                                               
8   To transact any other ordinary        11,696,234    149,296               0
    business                                                                    
                                                                               
9   Authority to allot shares             11,842,830      2,700               0
                                                                               
10  Authority to purchase own shares      11,842,496      3,034               0
                                                                               
11  New Articles of Association           11,845,530          0               0
                                                                               
12  Ratification of the conduct of        11,842,496      3,034               0
   Directors                                                                   
                                                                               
13  Notice of general meetings            11,843,030      2,500               0
                                                                               

Issued ordinary share capital as at 15 September 2009: 17,504,955

For enquiries:

Manchester & London Investment Trust Plc - 0161 242 2899

Midas Investment Limited - 0161 228 1709