Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES               

1. Identity of the issuer or the underlying              Invesco Asia Trust plc
issuer of existing shares to which voting                                      
rights are attached (ii):                                                      

2. Reason for the notification (Please tick                       
appropriate boxes):                                                            
                                                                               
An acquisition or disposal of voting rights                    X               
                                                                               
An acquisition or disposal of financial                                        
instruments which may                                                          
                                                                               
result in the acquisiiton of shares already                                    
issued to which voting rights are attached                                     
                                                                               
An event changing the breakdown of voting                                      
rights                                                                         
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the              City of London Investment
notification obligation (iii):                       Management Company Limited
                                                                               
4. Full name of shareholder(s) (if different                                   
from 3.) (iv):                                                                 
                                                                               
5. Date of the transaction (and date on which                     27 April 2015
the threshold is                                                               
                                                                               
crossed or reached if different) (v):                                          
                                                                               
6. Date on which issuer notified:                                 29 April 2015
                                                                               
7. Threshold(s) that is/are crossed or reached:                       Below 20%
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

Class/type   Situation previous to    Resulting situation after the triggering    
of shares if    the triggering                    transaction (vii)               
possible       transaction (vi)                                                   
using the                                                                         
ISIN CODE                                                                         
                                                                                  
             Number of  Number of  Number of   Number of voting     % of voting   
               Shares     Voting     shares         rights            rights      
                          Rights                                                  
                          (viii)                     (ix)               (x)       
                                                                                  
                                     Direct   Direct   Indirect   Direct  Indirect
                                                                                  
                                               (xi)     (xii)                     
                                                                                  
GB0004535307 17,716,195 17,716,195 17,441,195         17,441,195          19.88%  
                                                                                  

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of           Expiration      Exercise/     Number of voting  % of voting  
financial        date (xiii)      Conversion    rights that may      rights    
instrument                       Period/Date     be acquired if                
                                    (xiv)        the instrument                
                                                 is exercised/                 
                                                   converted                   
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
17,441,195                              19.88%                                 

9. Chain of controlled undertakings through which the voting rights and/or the
financial

instruments are effectively held, if applicable (xv):

All voting rights on all shares are controlled by City of London Investment
Management Company Limited

Proxy Voting:

10. Name of the proxy holder:                      City of London Investment   
                                                   Management Company Limited  
                                                                               
11. Number of voting rights proxy holder will                                  
cease to hold:                                                                 
                                                                               
12. Date on which proxy holder will cease to hold                              
voting rights:                                                                 
                                                                               
13. Additional information:                                                    
                                                                               
14. Contact name:                                  Kelly Nice                  
                                                                               
15. Contact telephone number:                      0203 753 1000