Issue of Equity

EP GLOBAL OPPORTUNITIES TRUST plc

The Company announces that it issued an additional 293,098 Ordinary shares of
1p each on 3 March 2004. The Company now has an issued share capital of
22,525,339 Ordinary shares.

Enquiries:

Kenneth Greig (Edinburgh Partners Limited) 0131 270 5570

Graham Reaves/ Graeme Caton (G&N Collective Funds Services) 0131 226 4411