Dividend Declaration

DIVIDEND ANNOUNCEMENT Dividend M&G Equity Investment Trust P.L.C. announces that at a meeting of the Board of Directors held today, it was resolved to declare a third interim dividend of 1.25p (2008: 1.2p) per Income Share, in respect of the year ended 30 June 2009, to be paid on 19 June 2009 to Income Shareholders on the register at the close of business on 29 May 2009. The ex dividend date is 27 May 2009. The dividend will also be payable to holders of Package Units. J. P. McClelland Secretary ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.