REG-M&G Equity Inv.Trust: Compliance with Model Code

20 April 2009

M&G Equity Investment Trust P.L.C.

The results for the quarter ended 31 March 2009.

In compliance with Listing Rule 15.5.1, the following is confirmed:

the Company announced details of the net asset value of the Shares as at 12
noon on 17 April 2009;

the directors do not foresee, having made reasonable enquiries, that there will
be any material difference between the information published on 17 April 2009,
and that to be included in the forthcoming results announcement for the quarter
ended 31 March 2009, subject only to movements in the price of the Shares which
result from movements in the share price of those investments which comprise
the Company's underlying portfolio.

there is no other unpublished information, which constitutes price sensitive
information in respect of the Company's Shares.

the Company's portfolio contains three unquoted investments, representing 0.05%
of gross assets.

In addition, it is confirmed that the Company calculates (and duly notifies
such calculations) on a daily basis the net basis the net asset values of the
Shares. These calculations of the net asset value of the Shares are prepared in
accordance with the Statement of Recommended Practice for Financial Statements
of Investment Trusts issued by the Association of Investment Companies and
applicable accounting standards.

Jonathan McClelland

(Company Secretary)

END