REG-INVESCO INVESTMENT: Net Asset Value(s)

Invesco Asset Management Limited

HEADLINE: Net Asset Values

It is announced that at the close of business on 6 July 2009 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)

City Merchants High Yield Note 1 113.50 - 115.59 -
Trust plc

Invesco Perpetual European Note 1, 2 128.73 - 132.16 -
Absolute Return Trust plc

Invesco Perpetual UK Smaller Note 1, 2 153.71 - 155.52 -
Companies Investment Trust plc

Invesco Asia Trust plc Note 1 111.44 - 113.74 -

Invesco Income Growth Trust Note 1 149.10 - 151.82 -
plc

Perpetual Income and Growth Debt at Par 185.09 185.09 188.85 188.85
Investment
Debt at 184.38 184.38 188.14 188.14
Trust plc Fair Value

Note 2

Keystone Investment Trust plc Debt at Par 942.11 - 965.35 -

Debt at 906.89 930.13
Fair Value

Note 2

Invesco English and Note 1 194.01 - 194.97 -
International Trust plc

All the above NAVs have been calculated using the fair value prices for the
underlying investments.

Note:

1. For these Companies the fair value of debt is not materially different from
the carrying value.

2. The NAVs above include a provision for performance fee, where applicable.

7 July 2009

END