Net Asset Value(s) - AMENDMENT

6 October 2008 M&G Equity Investment Trust P.L.C. The Board of M&G Equity Investment Trust P.L.C. announce that the net asset value at 12:00 noon today was £149.2 million. Income Shares* 5.12p Capital Shares 0.00p Zero Dividend Preference Shares 81.80p Package Units 86.92p The net asset values have been calculated on a cum-income basis, with dividends payable deducted from net assets on the ex-dividend date. Financial assets are valued on a mid-market price basis; financial liabilities are included at book value (including amortised costs). * The ex-income NAV of each Income Shares is 0.00p. ---END OF MESSAGE---