INVESCO Recovery Trust 2005 plc                        

Headline: Third Interim Dividend

The Directors have declared the third interim dividend for the year ending 31
October 2003 of 2.4p per Ordinary Share payable on 31 October 2003 to Ordinary
Shareholders on the register on 10 October 2003.

Karina Bryant

for and on behalf of

INVESCO Asset Management Limited

1 October 2003



END