Result of AGM

Deutsche Equity Income Trust PLC
17 December 2001



                       Deutsche Equity Income Trust PLC

                            Annual General Meeting


The Board of Deutsche Equity Income Trust PLC announces that at the Annual
General Meeting held on Friday, 14 December 2001 all resolutions were passed
by a substantial majority.

The Special Business at the Annual General Meeting approved by shareholders
was (i) the authority for the Directors to allot securities up to an aggregate
nominal amount of £2,800,000 (ii) disapplication of pre-emption rights (iii)
the authority for the Company to make market purchases for up to 5,960,459
ordinary shares and (iv) the resolution that the Company continue as an
investment trust subject to review by shareholders at the Annual General
Meeting in five years time.

M Pope
Joint Company Secretary


END

17 December 2001