Monks Inv.Trust - Holding by Prudential Corp.

RNS No 7518m
MONKS INVESTMENT TRUST PLC

                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

THE MONKS INVESTMENT TRUST PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

PRUDENTIAL CORPORATION

3)  Please state whether notification indicates that it is in respect of holding
    of the Shareholder named in 2 above or in respect of a non-beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18

N/A

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

SEE BELOW   

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORDINARY 25P SHARES

10) Date of transaction

N/A

11) Date company informed

30-06-97

12) Total holding following this notification

4,749,906

13) Total percentage holding of issued class following this notification

6.12%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

SCOTT HOOK
0131-222-4040

16) Name and signature of authorised company official responsible for making
    this notification

    Date of Notification..01-07-97..............


LETTER TO: MONKS INVESTMENT TRUST PLC

Companies Act 1985
Disclosures of Interest in Voting Shares

In compliance with Part VI of the above Act, as amended, I inform you that, as a
result of recent purchases, the interest of the Prudential Corporation group of
companies, in the following class of voting share in your company, is now as
specified below.

Class of Share      Ordinary 25p

Registered Holder                                 Details of Holding

Prudential Client (MSS) Nominees Ltd PAC A/C         4,389,906
Prudential Client (MSS) Nominees Ltd PPL A/C           200,000
Prudential Client (MSS) Nominees Ltd ST A/C            160,000
                                                    -----------
                                                     4,749,906

                                           =  6.12% of shares in issue
                                                    77,592,000

FROM: PRUDENTIAL CORPORATION PLC

END