Purchase of Own Securities

Murray Income Trust PLC
22 December 2000

MURRAY INCOME TRUST PLC - SHARE BUY-BACK

On 22 December 2000 Murray Income Trust PLC purchased for cancellation

60,000 of its own ordinary shares at 520p per share.

Following the transaction the company's issued ordinary share capital is
76,354,151 ordinary shares of 25p each and 529,959 B ordinary shares of 25p
each.