Net Asset Value(s)

    Invesco Asset Management Limited                        

HEADLINE: Net Asset Values

It is announced that at the close of business on 2 May 2008 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 Perpetual Select Trust plc             126.13       -         -       -
                                                                               
- Hedge Fund Share Portfolio                                                   

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

9 May 2008

END