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Dirs' Dealing InvTst (DDIT)

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Friday 20 November, 2009

Dirs' Dealing InvTst

General Meeting Requisition


For immediate release on 20 November 2009

     The Directors' Dealing Investment Trust Plc ("DDIT" or the "Company")     

                        Requisition of General Meeting                         

The Board announces that the Company has received a written requisition to
convene a general meeting from Manchester & Metropolitan Investment Ltd
("MMIL"), the Company's largest shareholder, which currently holds 45.7 per
cent. of the issued share capital.

MMIL has requested that ordinary resolutions be proposed to appoint each of
Brett Miller and Liam Murray as directors of the Company, to remove Garth Milne
as a director of the Company and to remove any director from office who is
appointed between the date of the requisition and the date of the general
meeting.

The requisition follows a recent meeting with Mr M Sheppard, a director of
Midas Investment Management Limited ("Midas"), who requested that the Board
appoint Midas as the Company's investment manager and also proposed a change to
the Company's investment policy. Midas is the investment manager of Manchester
and London Investment Trust Plc, whose largest shareholder is also MMIL.

The Board will provide an update to shareholders in due course.

Enquiries:                                                                     
                                                                               
Graham Bates                            01624 623994                           
                                                                               
Knox D'Arcy Asset Management Ltd                                               
                                                                               
Alastair Moreton                        020 7012 2000                          
                                                                               
Hannah Pearce                                                                  
                                                                               
Arbuthnot Securities Limited                                                   


                                                                                                                                            

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