Director/PDMR Shareholding

Deutsche Equity Income Trust PLC
06 July 2005




The Secretary
Company Announcements Office
The Stock Exchange
10 Paternoster Square
London
EC4M 7LS


6 July 2005

Dear Sirs

We wish to inform you that we have today been notified that Mrs A M Rowlands,
the wife of Mr C J Rowlands a director of the Company, purchased 49 of the
Company's ordinary shares on 24 June 2005 through the Company's savings scheme
at a price of 242.50p per share. The purchase was made as a result of a
reinvested dividend.

Yours faithfully

M Pope

Company Secretary

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