Directorate Change

Deutsche Equity Income Trust PLC
14 May 2003











The Secretary

Company Announcements Office

The Stock Exchange

Courier Delivery Entrance

Old Broad Street

London

EC2





14 May 2003



Dear Sirs





We wish to inform you that Mr J G Fox retired as a director of this Company on
Tuesday, 13 May 2003.





Yours faithfully







M Pope

Company Secretary


                      This information is provided by RNS
            The company news service from the London Stock Exchange              LDLGFZG