INVESCO Leveraged High Yield Fund Limited                   

HEADLINE: 2nd Interim Dividend

The Directors of the Company are pleased to announce the 2nd interim dividend
of 1.00 pence per Ordinary share, in respect of the year ending 30 September
2003.

This dividend will be paid on 31 October 2003, to shareholders on the register
on 17 October 2003.

Issued for and on behalf of INVESCO Leveraged High Yield Fund Limited

Contacts:

INVESCO Asset Management Limited

Adam Cooke 020 7065 3135

Angus Pottinger 020 7065 3714

9 October 2003



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