Investec High Income Trust Plc

29 January 2007

In order to provide some downside protection on the investment portfolio, the
board of Investec High Income Trust PLC has authorised its investment manager
to take out an at the money put option with a nominal value of �23m designed to
protect part of the equity portfolio. The put expires in January 2009.

For enquiries please contact:

Alastair Mundy 020 7597 2000

Investec Investment Management Limited



END



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