Result of AGM

Deutsche Latin American Cos Tst PLC
29 June 2001


          Deutsche Latin American Companies Trust PLC
                               
                    Annual General Meeting
                               

The Board  of  Deutsche  Latin American  Companies  Trust  PLC announces  that
at  the  Annual General  Meeting held  today  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 £3,480,800  (ii) disapplication  of pre-emption
rights (iii) the  authority  for the  Company to make market purchases for  up
to  7,196,856  ordinary  shares  and  (iv)  the resolution  that  the  Company
continue   as  an  investment  trust  subject  to   review  by shareholders at
the next Annual General Meeting.

M Pope
Joint Company Secretary