Quarterly Holding Report

Deutsche Equity Income Trust PLC
05 October 2005



The Secretary
Company Announcements Office
The Stock Exchange
10 Paternoster Square
London
EC4M 7LS

5 October 2005


Dear Sirs

                               Listing Rule 21

In accordance with paragraph 21.20 (I) (ii) of the Listing Rules, Deutsche
Equity Income Trust PLC announces its ten largest investments, including all
holdings with a value greater than 5% of its gross assets, as at 30 September
2005:

Company

BP
HSBC Holdings
Royal Dutch Shell
Royal Bank of Scotland
GlaxoSmithKline
Barclays
Imperial Tobacco
Vodafone Group
Scottish & Southern Energy
BT Group

ENDS

Yours faithfully

M Pope
Company Secretary

Enquiries:

Mr Mark Pope
Company Secretary

Tel: [phone]



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