MITON INCOME OPPORTUNITIES TRUST PLC - Result of EGM

Miton Income Opportunities Trust PLC (the "Company" or "MIOT")

23 September 2013

Results of First General Meeting

The Board of Miton Income Opportunities Trust PLC (the "Company") announces
that at the First General Meeting of the Company held today, 23 September 2013,
the special resolutions being proposed, inter alia, to approve the Scheme, to
amend the Company's articles of association to give effect to the Scheme, to
authorise the proposed Liquidators to enter into and give effect to the
Transfer Agreement with the rollover vehicle, The Diverse Income Trust plc
("DIVI") and to purchase the interests of any Dissenting Shareholders and to
cancel the listing of the Company's Shares with effect from or as soon as
possible after the Effective Date (or such other date as the Liquidators will
determine), were duly passed, on a show of hands.

The proxy votes received for the First GM Resolutions were as follows:

Resolution 1
Votes for: 10,474,149
Votes at Chairman's discretion: 10,300
Votes against: 7,792
Votes withheld: 0

Resolution 2
Votes for: 10,474,149
Votes at Chairman's discretion: 10,300
Votes against: 7,792
Votes withheld: 0

Resolution 3
Votes for: 10,476,149
Votes at Chairman's discretion: 8,300
Votes against: 7,792
Votes withheld: 0

Copies of the Resolutions have been submitted to the National Storage Mechanism
and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm.

The Scheme remains conditional on the passing of the special resolution at the
Second General Meeting at 9.30am on 30 September 2013 and admission of the DIVI
Ordinary Shares to listing on the premium segment of the Official List of the
UKLA and to trading on the Main Market of the London Stock Exchange, which is
expected to occur on Tuesday 1 October 2013.

Suspension of Shares
The listing of the Company's Shares will be suspended at 7.30 a.m. on
30 September 2013, prior to the Second General Meeting.

Change in accounting reference date
Please also note that the accounting reference date in relation to the
Company's current accounting reference period has been changed from 31 August
to 29 September, in order to extend the Company's current accounting reference
period to the day which is immediately prior the anticipated date of
appointment of the Liquidators pursuant to the Scheme.

Capitalised terms used in this announcement have the same meaning as in the
circular to Shareholders dated 30 August 2013.

Enquiries:

Miton Income Opportunities Trust PLC
Tom Bartlam
07788 911 184

Cenkos Securities plc
Sapna Shah
020 7397 1922

Cenkos Securities plc, which is authorised and regulated in the United Kingdom
by the Financial Conduct Authority, is acting for the Company and for no-one
else in connection with the contents of this announcement, and will not be
responsible to anyone other than the Company for providing the protections
afforded to clients of Cenkos Securities plcnor for providing advice in
connection with the contents of this announcement or any other matter referred
to herein. Cenkos Securities plc is not responsible for the contents of this
announcement. This does not exclude or limit any responsibilities which Cenkos
Securities plcmay have under the Financial Services and Markets Act 2000 or the
regulatory regime established thereunder.

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