Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                        

1. Identity of the issuer or the underlying issuer                 
of existing shares to which voting rights are attached:                              The Diverse Income Trust plc      

2. Reason for the notification (please tick the appropriate box or boxes):             
                                                                                      
An acquisition or disposal of voting rights                                          X
                                                                                      
An acquisition or disposal of qualifying financial instruments which may result       
in the acquisition of shares already issued to which voting rights are attached       
                                                                                      
An acquisition or disposal of instruments with similar economic effect to             
qualifying financial instruments                                                      
                                                                                      
An event changing the breakdown of voting rights                                      
                                                                                      
Other (please specify):                                                               
                                                                                      
3. Full name of person(s) subject to the notification obligation:                    Old Mutual Plc    

4. Full name of shareholder(s)(if different from 3.):                                                              

5. Date of the transaction and date on                                                
which the threshold is crossed or reached:                                           29/04/2015

6. Date on which issuer notified:                                                    30/04/2015
                                                                                      
7. Threshold(s) that is/are crossed or reached:                                      Fallen below 6%

8. Notified details:                                                                              
                                                                                                  
A: Voting rights attached to shares                                                               
                                                                                                  
Class/type    Situation previous            Resulting situation after the triggering transaction    
of            to the triggering                                                                    
shares        transaction                                                                       
                                                                                                  
if possible   Number          Number        Number   Number of voting       % of  voting rights     
using         of              of            of       rights                                         
the ISIN      Shares          Voting        shares                                                  
CODE                          Rights                                                               
                                            Direct   Direct      Indirect   Direct    Indirect      

GB00B65TLW28  24,597,468      24,597,468                         22,678,573           5.86%         


B: Qualifying Financial Instruments                                                               
                                                                                                  
Resulting situation after the triggering transaction                                              
                                                                                                  
Type of        Expiration         Exercise/          Number of voting             % of voting     
financial      date               Conversion Period  rights that may be           rights          
instrument                                           acquired if the                              
                                                     instrument is                                
                                                     exercised/ converted.                        
                                                                                                  


C: Financial Instruments with similar economic effect to Qualifying Financial                     
Instruments                                                                                       
                                                                                                  
Resulting situation after the triggering transaction                                              
                                                                                                  
Type of       Exercise price  Expiration  Exercise/   Number of voting rights  % of voting rights    
financial                     date        Conversion  instrument refers to                           
instrument                                period                                                    
                                                                               Nominal   Delta        
N/A                                                                                               


Total (A+B+C)                                                                                     
                                                                                                  
Number of voting rights                   Percentage of voting rights                      
                                                                                                
22,678,573                                5.86%                                            


9. Chain of controlled undertakings through which the voting rights and/or the        
financial instruments are effectively held, if applicable:                            

N/A                                                                                   


Proxy Voting:                                                                         
                                                                                      
10. Name of the proxy holder:                                        N/A
                                                                                     
11. Number of voting rights proxy holder will cease to hold:         N/A
                                                                                      
12. Date on which proxy holder will cease to hold voting rights:     N/A
                                                                                      
13. Additional information:                                                           
                                                                                      
14. Contact name:                                                    Rose Coyle      
                                                                                      
15. Contact telephone number:                                        0207 0027503