Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              
1. Identity of the issuer or the underlying issuer of                         
existing shares to which voting rights are attached:       EP GLOBAL          
                                                           OPPORTUNITIES TRUST
                                                           plc                
                                                                              

2 Reason for the notification (please tick the appropriate box or boxes):     
                                                                              
                                                                              
                                                                              
An acquisition or disposal of voting rights                               Yes 
                                                                              
                                                                              
                                                                              
An acquisition or disposal of qualifying financial instruments which may      
result in the acquisition of shares already issued to which voting rights     
are attached                                                               No 
                                                                              
                                                                              
                                                                              
An acquisition or disposal of instruments with similar economic effect to     
qualifying financial instruments                                           No 
                                                                              
                                                                              
                                                                              
An event changing the breakdown of voting rights                           No 
                                                                              
                                                                              
                                                                              
Other (please   Purchase by EP Global Opportunities Trust plc of 60,000       
specify):       of its own shares on 23 March 2010                         Yes
                                                                              

 

3. Full name of person(s) subject to the notification                         
obligation:                                                                   
                                                       Noble Grossart         
                                                       Investments Limited    
                                                                              
4. Full name of shareholder(s) (if different from 3.):                        
                                                                              
                                                       As above               
                                                                              
5. Date of the transaction and date on which the                              
threshold is crossed or reached:                                              
                                                       23 March 2010          
                                                                              
                                                                              
6. Date on which issuer notified:                                             
                                                                              
                                                       24 March 2010          
                                                                              
7. Threshold(s) that is/are crossed or reached:                               
                                                                              
                                                       8%                     
                                                                              

8. Notified details:                                                          
                                                                              
A: Voting rights attached to shares                                           
                                                                              
                                                                              
                                                                              
Class/type   Situation previous Resulting situation after the triggering      
of           to the triggering  transaction                                   
shares       transaction                                                      
                                                                              
                                                                              
if possible  Number     Number  Number    Number of voting   % of  voting     
using        of         of      of shares rights             rights           
the ISIN     Shares     Voting                                                
CODE                    Rights                                                
                                Direct    Direct    Indirect Direct  Indirect 
                                                                              
                                                                              
 Ordinary                                                                     
             2,235,114  7.89%   2,285,114 2,285,114          8.08%            
                                                                              
                                                                              

 

B: Qualifying Financial Instruments                                           
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of financial  Expiration  Exercise/   Number of voting       % of voting 
instrument         date        Conversion  rights that may be     rights      
                               Period      acquired if the                    
                                           instrument is                      
                                           exercised/ converted.              
                                                                              
                                                                              
C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments                                                                   
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of         Exercise Expiration Exercise/  Number of       % of voting    
financial       price    date       Conversion voting          rights         
instrument                          period     rights                         
                                               instrument                     
                                               refers to                      
                                                                              
                                                               Nominal  Delta 
                                                                              
                                                                              
                                                                              
Total (A+B+C)                                                                 
                                                                              
                                                                              
                                                                              
Number of voting rights             Percentage of voting rights               
                                                                              
 2,285,114                          8.08%                                     
                                                                              

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:                    
                                                                              
                                                                              
Proxy Voting:                                                                 
                                                                              
                                                                              
                                                                              
10. Name of the proxy holder:                                             N/A 
                                                                              
                                                                              
                                                                              
11. Number of voting rights proxy holder will cease to hold:              N/A 
                                                                              
                                                                              
                                                                              
12. Date on which proxy holder will cease to hold voting rights:          N/A 
                                                                              
                                                                              
                                                                              
13. Additional          This notification is based on a total voting rights   
information:           figure of 28,269,180                                   
                                                                              
                                                                              
                                                                              
14. Contact name:       Roger Brown                                           
                                                                              
                                                                              
                                                                              
15. Contact telephone  [phone]                                          
number: