Invesco Asset Management Limited

HEADLINE: Net Asset Values

It is announced that at the close of business on 5 November 2009 the unaudited net asset values per share (AIC basis) of the following investment trust companies managed by Invesco Asset Management Limited are:-

NAVs with Debt at Par & Fair Value Company Undiluted Diluted Undiluted Diluted Capital Capital Cum Cum Income Income (pence) (pence) (pence) (pence) City Merchants High Yield Note 1 144.84 - 147.07 - Trust plc

Invesco Perpetual UK Smaller Note 1, 2 187.71 - 189.83 - Companies Investment Trust plc

Invesco Asia Trust plc Note 1 132.88 131.57 134.47 132.89 Invesco Income Growth Trust Note 1 179.48 - 182.65 - plc Perpetual Income and Growth Debt at Par 212.89 212.89 218.91 218.91 Investment Trust plc Debt at Fair 212.53 212.53 218.56 218.56 Value Note 2

Keystone Investment Trust plc Debt at Par 1078.88 - 1117.03 -

Debt at Fair 1058.05 1096.21 Value Note 2 Invesco English and Note 1 236.92 - 241.39 - International Trust plc

All the above NAVs have been calculated using the fair value prices for the underlying investments.

Note:

1. For these Companies the fair value of debt is not materially different from the carrying value.

2. The NAVs above include a provision for performance fee, where applicable.

6 November 2009