Result of EGM

The AIM Distribution Trust plc
24 March 2010

At  the General Meeting of  The AIM Distribution Trust  plc, held earlier today,
all  resolutions were passed.  Further to Resolution 11, the Company will change
its  name to "Downing  Distribution VCT 1 plc".   A further announcement will be
made when this is completed.

Details  of the proxy votes in respect  of the resolutions passed at the General
Meeting received as at 10.30am on 22 March 2010, 48 hours before the time of the
meeting, at Downing Management Services are set out below:


                    For      Discretionary   Against     Withheld

 Resolution No. No. of Votes No. of Votes    No. of    No. of Votes Total Votes
                                              Votes

                 % of votes   % of votes   % of votes               % of votes

       1         1,770,339      341,489      57,010         -        2,168,838

                   81.62%       15.75%        2.63%                   100.00%

       2         1,732,123      341,489      95,226         -        2,168,838

                   79.86%       15.75%        4.39%                   100.00%

       3         1,615,250      350,579      203,009        -        2,168,838

                   74.48%       16.16%        9.36%                   100.00%

       4         1,738,067      346,489      84,282         -        2,168,838

                   80.13%       15.98%        3.89%                   100.00%

       5         1,770,339      336,489      62,010         -        2,168,838

                   81.63%       15.51%        2.86%                   100.00%

       6         1,605,495      360,334      203,009        -        2,168,838

                   74.03%       16.61%        9.36%                   100.00%

       7         1,690,065      341,489      137,284        -        2,168,838

                   77.92%       15.75%        6.33%                   100.00%

       8         1,729,431      350,579      88,828         -        2,168,838

                   79.74%       16.16%        4.10%                   100.00%

       9         1,729,431      350,579      88,828         -        2,168,838

                   79.74%       16.16%        4.10%                   100.00%

       10        1,724,431      350,579      93,828         -        2,168,838

                   79.51%       16.16%        4.33%                   100.00%

       11        1,693,521      341,489      133,828        -        2,168,838

                   78.08%       15.75%        6.17%                   100.00%


A  copy of the resolutions passed will  be submitted to the UK Listing Authority
and  will  shortly  be  available  for  inspection at the UK Listing Authority's
Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS
Telephone: [phone]


Company Secretary
Grant Whitehouse
Telephone: [phone]


[HUG#1397291]