INVESCO Geared Opportunities Trust plc                     

HEADLINE: First Interim Dividend

Declaration of Dividend - Stock Exchange Announcement 18 September 2003

The Directors have declared a first interim dividend of 2.275p per ordinary
share for the financial year ended 30 April 2004 to be paid on 31 October 2003
to shareholders on the register on 26 September 2003.

Contact: Karina Bryant

020 7065 3644

18 September 2003



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