Investment Manager Strengthens Investment Team

The Diverse Income Trust plc announces its manager, MAM Funds, has appointed  
                     Martin Turner as co-portfolio manager                     

 
London, 9th May 2011 - The Diverse Income Trust plc announces that its manager,
MAM Funds, has appointed Martin Turner to work alongside Gervais Williams.
Mr Turner has nearly 20 years experience in the City including 8 years in
Corporate Finance and M&A.  He joins from Collins Stewart where he was Head of
Small-Mid Cap Equities.  Martin is a qualified Chartered Accountant.

Gervais Williams said: "As the credit boom of the last 25 years comes to an
end, the added value delivered by active fund managers will become all the more
important to investors. I very much look forward to working with Martin in
delivering premium returns for our clients."

Michael Wrobel, Chairman of The Diverse Income Trust plc, added: "The Board is
pleased that our manager has added further expertise to manage the Company's
affairs. Gervais and Martin bring a fantastic combination of skills and proven
experience."

The Diverse Income Trust commenced dealings on the Official List and on the
Main Market of the London Stock Exchange on Thursday, 28th April 2011.