Net Asset Value(s)

11 January 2010 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 £165.5 million. Income Shares* 3.85p Capital Shares 0.16p Zero Dividend Preference Shares 91.29p Package Units                     95.30p 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 0.10p. [HUG#1372383]