Net Asset Value(s)

INVESCO Asset Management Limited                        

HEADLINE: Net Asset Values

It is announced that at the close of business on 14 September 2007 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)
                                                                               
Perpetual Japanese Investment     Note 1        55.93       -    Note 2       -
Trust plc                                                                      
                                                                               
Invesco Perpetual European      Note 1, 3      189.75       -    193.78       -
Absolute Return                                                                
                                                                               
Trust plc                                                                      
                                                                               
Invesco Perpetual UK Smaller    Note 1, 3      225.80       -    228.03       -
Companies                                                                      
                                                                               
Investment Trust plc                                                           
                                                                               
INVESCO Asia Trust plc            Note 1       121.39       -    Note 2       -
                                                                               
INVESCO Income Growth Trust       Note 1       251.21       -    Note 2       -
plc                                                                            
                                                                               
Perpetual Income and Growth     Debt at Par    272.58  268.35    277.48  272.86
Investment                                                                     
                               Debt at Fair    272.06  267.86    276.95  272.37
Trust plc                             Value                                    
                                                                               
                                  Note 3                                       
                                                                               
Keystone Investment Trust plc   Debt at Par   1303.33       -   1329.75       -
- see Note 3                                                                   
                               Debt at Fair   1259.76           1286.18        
                                      Value                                    
                                                                               
INVESCO English and                  Note 1    369.43       -    Note 2       -
International Trust plc                                                        

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

Note:

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

2. No cum income NAV is published for these Companies.

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

18 September 2007

INVESCO Asset Management Limited                        

HEADLINE: Net Asset Values

It is announced that at the close of business on 14 September 2007 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)
                                                                               
INVESCO Asia Trust plc            Note 1       121.39       -    Note 2       -

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

Note:

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

2. No cum income NAV is published for these Companies.

18 September 2007