Transaction in Own Shares

Manchester & London Inv Tst PLC
28 November 2005


MANCHESTER & LONDON INVESTMENT TRUST PLC

TREASURY SHARES

In accordance with Section 12.4.6 of the listing rules:

Date of purchase: 25.11.05

Number of shares: 2,500 Ord. 25p

Purchase price: 3.25

NAV: 3.56

Number of shares held in treasury: 2,500 Ord 25p

Total now held in treasury: 2,500 Ord 25p

Total now in issue: 7,497,500 Ord 25p


For enquiries:

Manchester & London Investment Trust Plc - 0161 242 2899

Midas Investment Management Limited - 0870 121 1445






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