Transaction in Own Shares

MURRAY INCOME TRUST PLC - SHARE BUY-BACK


On  20 April 2005, Murray Income Trust PLC purchased for cancellation 37,000  of
its own ordinary shares at 489.4112 pence per share.

Following  the  transaction  the  Company's issued  ordinary  share  capital  is
68,035,076 ordinary shares of 25p each.