Director Shareholding

Bankers Investment Trust PLC
11 September 2002

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company

 THE BANKERS INVESTMENT TRUST PLC


2. Name of director

 MR R D BREWSTER



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

 AS IN 2 ABOVE


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

 HENDERSON 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 2 ABOVE



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

 GENERAL ISA - REINVESTMENT OF DIVIDEND INCOME



7. Number of shares / amount of stock acquired

 4



8. Percentage of issued class

 INSIGNIFICANT



9. Number of shares/amount of stock disposed

 -



10. Percentage of issued class

 -



11. Class of security

 ORDINARY SHARES



12. Price per share

 244P



13. Date of transaction

 10 SEPTEMBER 2002



14. Date company informed

 10 SEPTEMBER 2002



15. Total holding following this notification

 17,879



16. Total percentage holding of issued class following this notification

 INSIGNIFICANT



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

 YVONNE BARNES - 020 7818 3005



25. Name and signature of authorised company official responsible for making
this notification
 
 YVONNE BARNES, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED, 
 SECRETARY



Date of Notification

 11 SEPTEMBER 2002



The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.


                      This information is provided by RNS
            The company news service from the London Stock Exchange