Correction : Publication of Prospectus

The Publication of Prospectus announcement released at 2.16pm today omitted to
state the ex-entitlement date for the Open Offer. This is 8am on 21 November
2012. The corrected announcement is set out below.



THE DIVERSE INCOME TRUST PLC (THE "COMPANY")

PUBLICATION OF PROSPECTUS

 

Further to the Company's announcement on 29 October 2012 in relation to a
possible C share issue, the Company has today published a prospectus setting
out details of a target issue of in excess of 40 million C shares at 50 pence
per C share. The issue of C Shares will be by way of an Open Offer, Placing and
Offer for Subscription.

The prospectus also contains notice of a General Meeting of the Company to be
held on 7 December 2012.

The prospectus will be available for inspection at the National Storage
Mechanism which is located at www.morningstar.co.uk/uk/NSM

In addition, the prospectus will be available to view on the Company's website,
www.mamfundsplc.com/dit

 

Copies of the prospectus will also be available from the registered office of
the Company at Beaufort House, 51 New North Road, Exeter EX4 4EP and from the
offices of Cenkos Securities plc at 6.7.8 Tokenhouse Yard, London EC2R 7AS.

Expected Timetable

19 November 2012    Record Date for entitlements under the Open Offer          
                                                                               
21 November 2012    Ex-entitlement date for the Open Offer (8 am)              
                                                                               
3 December 2012     Latest date to deposit Open Offer entitlements into CREST  
                    (3 pm)                                                     
                                                                               
6 December 2012     Latest date for receipt of completed Open Offer application
                    forms and payment in full (11 am)                          
                                                                               
6 December 2012     Open Offer closes (11 am)                                  
                                                                               
7 December 2012     General Meeting (10 am)                                    
                                                                               
7 December 2012     Offer for Subscription closes (1 pm)                       
                                                                               
7 December 2012     Placing closes (3 pm)                                      
                                                                               
12 December 2012    Publication of results of the Issue                        
                                                                               
17 December 2012    Dealings in C shares commence                              

 

Enquiries:

 

MAM Funds plc          Gervais Williams     07811 331 824              
                                                                       
Cenkos Securities plc  Chris Lunn           020 7397 1910              
                                                                       
                       Phil Higgs           020 7397 1913              
                                                                       
                       Dion Di Miceli       020 7397 1921              

 

This announcement is not for distribution directly or indirectly in or into the
United States of America ("United States"), Australia, Canada, the Republic of
South Africa or Japan. This announcement does not constitute an offer to sell
or issue or the solicitation of an offer to buy shares in the capital of The
Diverse Income Trust plc in the United States of America ("United States"),
Australia, Canada, the Republic of South Africa or Japan or any jurisdiction in
which such an offer or solicitation is unlawful. The shares referred to in this
announcement have not been and will not be registered under the United States
Securities Act of 1933 (as amended), or under the securities laws of any state
or other political sub-division of the United States or under the applicable
securities laws of any of Australia, Canada, the Republic of South Africa or
Japan and may not be offered or sold within the United States absent
registration or an exemption from registration. No public offering of
securities will be made in the United States of America ("United States"),
Australia, Canada, the Republic of South Africa or Japan.

This announcement has been communicated by Cenkos Securities plc, which is
authorised and regulated in the United Kingdom by the Financial Services
Authority, and does not constitute an offer to sell or a solicitation of an
offer to purchase any securities. The price of shares may go down as well as up
and investors may not get back the full amount invested on disposal of the
shares.