Portfolio Update

Brunner Investment Trust PLC
01 July 2005


                                  THE BRUNNER INVESTMENT TRUST PLC

                                 TOP 10 HOLDINGS AS AT 30 June 2005

Stock Name                                 Market Value                     %
                                                      £

Treasury 4 1/2% TSY Stock 2007               25,180,000            9.65
Glaxosmithkline                               8,688,010            3.33
HSBC                                          8,633,102            3.31
BP                                            8,160,593            3.13
Shell Transport & Trading                     5,575,472            2.14
Royal Bank of Scotland                        5,520,382            2.11
Barclays                                      5,359,225            2.05
BG Group                                      5,260,816            2.02
BHP Billiton                                  4,935,180            1.89
Standard Chartered                            3,819,038            1.46

Total Gross Assets                          261,042,520


Enquiries:

Kirsten Salt
Company Secretary
Tel: [phone]

1 July 2005


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