Result of AGM

Dunedin Income Growth Inv Tst PLC
26 April 2001

                  DUNEDIN INCOME GROWTH INVESTMENT TRUST PLC

                     (Registered in Scotland No: SC00881)


                              SPECIAL RESOLUTION

                          (Passed on 26 April 2001)


At the Annual General Meeting of Dundein Income Growth Investment Trust PLC
held at Donaldson House, Edinburgh, the following resolution was passed as a
Special Resolution.


SPECIAL BUSINESS


RESOLUTION 6


That the company be and it is hereby authorised in accordance with section 166
of the Companies Act 1985 (the 'Act') to make market purchases (within the
meaning of section 163(3) of the Act) of any of its ordinary shares of 25p
each ('Shares') in such manner and upon such terms as the directors of the
company may from time to time determine, provided that:-



(i)      the maximum number of Shares hereby authorised to be purchased is
23,999,100;



(ii)     the minimum price which may be paid for a Share shall be 25p;



(iii)    the maximum price (exclusive of expenses) which may be paid for a
Share shall not be more than 5% above the average of the middle market
quotation (as derived from the Stock Exchange Daily Official List) for the
shares for the five business days immediately preceding the date of purchase;
and



(iv)    unless previously varied, revoked or renewed, the authority hereby
conferred shall expire on 25 October 2002 save that the company may, prior to
such expiry, enter into a contract to purchase shares under such authority
which will or may be completed or executed wholly or partly after such expiry
and may make a purchase of shares pursuant to any such contract.