Dividend Declaration

Investors Capital Trust PLC
06 December 2007

To:                RNS

From:              Investors Capital Trust plc

Date:              6 December 2007





Dividend and Capital Return



The Board of Investors Capital Trust plc announces a third quarter dividend of
1.325 pence per share on the A shares of the Company.  This dividend will be
paid on 8 February 2008 to A shareholders on the register on 11 January 2008.  A
third quarter capital return of 1.325 pence per share will be paid on the B
shares of the Company on 8 February 2008 to B shareholders on the register on 11
January 2008.  Capital returns on B shares are paid at the same time and in an
amount equal to each dividend paid on an A share.



The estimated dividend yield on an A share in respect of the period to 31 March
2008, in the absence of unforeseen circumstances, is 5.7 per cent. based on the
dividend assumptions in the Company's Prospectus (dated 18 January 2007) and the
A share price of 93.0 pence as at 5 December 2007. This compares favourably with
the yield on the FTSE All-Share Index of 3.0 per cent at the same date.



For those shareholders that hold units (each comprising 3 A shares and one B
share) the estimated distribution yield on this unit holding was 5.7 per cent
based on a unit price of 372.5 pence as at 5 December 2007.





Issued for:                        Investors Capital Trust plc

Issued by:                         F&C Investment Business Limited

Enquiries:                         Rodger McNair, Fund Manager
                                   Michael Campbell, Company Secretary

Telephone:                         0131 718 1000

Date:                             6 December 2007


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