Transaction in Own Shares

Deutsche Equity Income Trust PLC
17 May 2005













The Secretary

Company Announcements Office

The Stock Exchange

10 Paternoster Square

London

EC4M 7LS







17 May 2005





Dear Sirs







We wish to announce that Deutsche Equity Income Trust PLC did yesterday purchase
25,000 of its own shares for cancellation, at a price of 221.5p per share.
Following this purchase there are now 39,737,907 shares in issue.







Yours faithfully







M Pope

Joint Company Secretary


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