Listing Rules

Deutsche Equity Income Trust PLC
24 October 2003


                        Deutsche Equity Income Trust PLC

                     Listing Rules and Conduct of Business


The Board of Deutsche Equity Income Trust PLC (the 'Company') notes the
publication of the Investment Entities (Listing Rules and Conduct of Business)
Instrument 2003, and announces that it is the Company's policy to invest no more
than 15% of its gross assets in other listed investment companies (including
listed investment trusts).


M Pope

Joint Company Secretary



END

24 October 2003


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