DDIT Stakeholders

 
TIDMDDIT 
 
For immediate release on 3 April 2009 
 
          The Directors' Dealing Investment Trust Plc (the "Company") 
 
                          Completion of Tender Offer 
 
The Company announced on 11 March 2009 that, following the cancellation of the 
Company's share premium account, a total of 12,831,877 Shares (equal to 58 per 
cent of the issued share capital of the Company) would be repurchased under the 
Tender Offer, the terms of which were set out in the Circular dated 18 February 
2009. 
 
Cancellation of share premium account 
 
The Board is pleased to announce that at a hearing held on 1 April 2009, the 
Companies Court approved the cancellation of the sum of GBP28,318,619 standing to 
the credit of the Company's share premium account. The cancellation became 
effective on 2 April 2009 when an office copy of the Order of the Court was 
delivered to and registered with the Registrar of Companies. 
 
Tender Price and Tender Offer completion 
 
The Board announces that the Tender Price is 256.2844 pence per Share. Pursuant 
to the Tender Offer made by Arbuthnot Securities, tenders for 12,831,877 Shares 
were accepted and were today purchased by Arbuthnot Securities at the Tender 
Price. The Company, pursuant to the Repurchase Agreement, has also today 
acquired the 12,831,877 Shares at 256.2844 pence per Share and cancelled such 
Shares. 
 
CREST accounts will be credited with proceeds of the Tender Offer and cheques 
for those Shares held in certificated form, unsold uncertificated Shares and 
balance share certificates will be despatched in respect of unsold certificated 
Shares, as soon as reasonably practicable. 
 
Total voting rights 
 
Following completion of the Tender Offer, the Company will have 11,672,049 
Shares in issue, of which 2,380,000 Shares are held in treasury. The figure of 
9,292,049 (which excludes the Shares held in treasury) may be used by 
Shareholders as the denominator for the calculations by which they will 
determine if they are required to notify their interest in, or a change to 
their interest in, the Company under the FSA's Disclosure and Transparency 
Rules. 
 
Enquiries: 
 
Steve Winrow                            01624 623994 
 
Knox D'Arcy Asset Management Ltd 
 
Alastair Moreton                        020 7012 2000 
 
Hannah Pearce 
 
Arbuthnot Securities Limited 
 
Capitalised terms used in this announcement will have the same meaning as in 
the Circular dated 18 February 2009 unless the context requires otherwise. 
 
Arbuthnot Securities Limited, which is regulated by the Financial Services 
Authority, is acting for The Directors' Dealing Investment Trust Plc and no-one 
else and will not be responsible to any person for providing the protections 
afforded to its customers nor for providing advice in relation to the Proposals 
nor any other matter referred to in this announcement. 
 
 
 
END 
 

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