Portfolio Protection

The Diverse Income Trust plc (the "Company")

Portfolio protection

On 1 November 2013 the Company purchased a FTSE100 Put Option with an index
strike level of 5,800, to cover approximately one-third of the assets in the
Company over the period to June 2015. The overall cost was approximately 1.6%
of net asset value.

The portfolio remains well invested and well positioned to continue to generate
an attractive level of income and income growth and participate in any market
appreciation. The advantage of holding a Put within the context of a broad
portfolio is that should unexpected events adversely impact on the level of
equity markets generally, then the Put tends to partially offset the market
fall. This offers some protection in value to the overall NAV of the Company,
whilst enabling the manager to remain invested and generate revenues.

The NAV will continue to be issued daily, and given that FTSE100 Options are
regularly traded will incorporate any change in the value of the FTSE100 Put
Option.

4 November 2013


Contact details:

Miton Group plc:

Gervais Williams  [e-mail]  07811 331 824                                                  
Martin Turner     [e-mail]     020 7657 1182                                                    
David Barron      [e-mail]      020 7657 1188               

Cenkos Securities plc:
Dion Di Miceli     [e-mail]            020 7397 1921