Top 10 Investments

Invesco Perpetual Select Trust plc                       

                                   UK EQUITY                                   

HEADING: Top 10 Investments

Invesco Perpetual Select Trust plc (UK Equity) announces that, as at 30 June
2007, its top ten investments were as follows:

Investments at 5% and over of total assets                 
                                                           
ROYAL DUTCH SHELL PLC                                      
                                                           
REYNOLDS AMERICAN INC                                      
                                                           
BP PLC                                                     
                                                           
Investments at 5% and under of total assets                
                                                           
BT GROUP PLC                                               
                                                           
BRITISH AMERICAN TOBACCO PLC                               
                                                           
VODAFONE GROUP PLC                                         
                                                           
GLAXOSMITHKLINE PLC                                        
                                                           
IMPERIAL TOBACCO PLC                                       
                                                           
HSBC HOLDINGS PLC                                          
                                                           
ICI PLC                                                    

Ordinary Shares unless otherwise stated.

This information is based on the most recent available valuation, as at 30 June
2007.

This announcement is made in accordance with UKLA Listing Rule 15.4.11(2).

INVESCO Asset Management Limited

3 July 2007