Result of AGM

Deutsche Equity Income Trust PLC
17 December 2002



                        Deutsche Equity Income Trust PLC

                             Annual General Meeting



The Board of Deutsche Equity Income Trust PLC announces that at the Annual
General Meeting held on Monday, 16 December 2002 all resolutions were passed by
a substantial majority.

The Special Business at the Annual General Meeting approved by shareholders was
(i) the authority for the Directors to allot securities up to an aggregate
nominal amount of £2,800,000 (ii) disapplication of pre-emption rights, and
(iii) the authority for the Company to make market purchases for up to 5,960,459
ordinary shares.


M Pope

Joint Company Secretary



END

17 December 2002


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