Miscellaneous Quarterly Portfolio Disclosure

MURRAY INCOME TRUST PLC


In accordance with UKLA Listing Rule 21.20(l)(ii) as at 31 March 2004, the
Company has the following investments with a value greater than 5% of the
Company's gross assets:


Security
% Gross Assets

BP                                         11.76
HSBC Holdings                               8.98
Shell Transport & Trading Ord               6.41


A list of the 10 largest investments as at 31 March 2004 is detailed below:

Security
%  Gross Assets

BP Ord                                     11.76
HSBC Holdings Ord                           8.98
Shell Transport & Trading                   6.41
Barclays                                    4.48
Lloyds TSB Group                            4.08
Royal Bank of Scotland Group                3.72
Aviva                                       3.39
Anglo American                              2.92
Diageo                                      2.81
BHP Billiton                                2.64


Aberdeen Asset Management
Secretary to Murray Income Trust PLC