Invesco Perpetual Select Trust plc

    Headline:       Declaration of Quarterly Interim Dividends

    The Directors have declared third quarterly interim dividends for the year
    ending 31 May 2016 as follows.  These dividends are payable on 15 February 2016
    to shareholders on the register on 22 January 2016.  The shares will be marked
    ex-dividend on 21 January 2016.

    Share class                    Dividend Amount
                                                  
    Global Equity Income Shares              1.40p
                                                  
    UK Equity Shares                         1.20p

    With continued low interest rates prevailing in the period the cumulative net
    revenue of the Managed Liquidity Portfolio continues to be minimal and, in view
    of the administrative costs, the Directors have not declared an interim
    dividend on the Managed Liquidity Shares.

    No dividend is payable on the Balanced Risk Shares.

    Holders of the Global Equity Income shares are reminded of the Board's target
    for the aggregate of the four quarterly Global Equity Income dividends during
    the financial year ending 31 May 2016 to amount to at least 6p per share.

    For the information of UK Equity shareholders, the Board intends at least to
    maintain last year's dividend level of 6.15p for the full financial year.  Last
    year's revenue benefited from a number of special dividends and, due to their
    variable nature, the level received this financial year may be lower. 
    Consequently, achieving the Board's dividend target may require a contribution
    from capital profits.

    Invesco Asset Management Limited
    Corporate Company Secretary
    14 January 2016