Result of AGM

THE MONKS INVESTMENT TRUST PLC

Annual General Meeting, 3 August 2016

At the Annual General Meeting ('AGM') held on 3 August 2016 all resolutions were passed, including those detailed below:

· Shareholders approved an ordinary resolution renewing the Directors' general authority to allot shares up to an aggregate nominal value of £1,069,819, representing approximately 10% of the total issued share capital of the Company as at 13 June 2016. This authority will expire at the conclusion of the next AGM of the Company or on the expiry of 15 months from the passing of the resolution, whichever is the earlier (unless previously revoked, varied or extended by the Company).

· Shareholders approved a special resolution granting the Company authority to allot equity securities or sell treasury shares for cash on a non pre-emptive basis up to an aggregate nominal value of £1,069,819, representing approximately 10% of the total issued share capital of the Company as at 13 June 2016. This authority will expire at the conclusion of the next AGM of the Company or on the expiry of 15 months from the passing of the resolution, whichever is the earlier.

· Shareholders approved a special resolution renewing the Company's authority to make market purchases of up to 14.99% of the Company's issued share capital, being 32,073,182 shares of 5p each. This authority will expire at the conclusion of the AGM to be held in respect of the year ending 30 April 2017 (unless previously varied, revoked or renewed).

The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Financial Statements which is available for viewing at the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM

Baillie Gifford & Co Limited

Company Secretaries

3 August 2016