Net Asset Value(s)

INVESCO Asset Management Limited                        

HEADLINE: Net Asset Values

It is announced that at the close of business on 1 June 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       114.96       -    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.


4 June 2007