Merger Up-Date and Voting Rights

EP GLOBAL OPPORTUNITIES TRUST PLC                       

                                 11 MARCH 2011                                 

                       MERGER UP-DATE AND VOTING RIGHTS                        

Further to the announcement made on 10 March 2011, the Company confirms that,
following the satisfaction of all conditions to the Proposals, the New Ordinary
Shares have been admitted to the premium segment of the Official List and
dealings commenced on the London Stock Exchange's main market at 8.00 a.m.
today.

Pursuant to the Proposals, 31,855,462 New Ordinary Shares have been issued and
accordingly, the aggregate number of Ordinary Shares in issue is 64,509,642
(including 5,467,700 Ordinary Shares held in treasury). The ISIN, SEDOL and
ticker symbol for the Ordinary Shares continues to be GB0033862573, 3386257 and
'EPG', respectively.

CREST accounts in respect of New Ordinary Shares in uncertificated form are
expected to be credited today and certificates in respect of New Ordinary
Shares in certificated form are expected to be dispatched during the week
commending 14 March 2011.

Voting Rights

Each Ordinary Share has one voting right. The Company holds 5,467,700 Ordinary
Shares in treasury. Accordingly, following completion of the Proposals, the
total number of voting rights in the Company is 59,041,942 and this figure may
be used by Ordinary Shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the Disclosure and
Transparency Rules.

Dealings in Close Period

In accordance with Listing Rule 15.5.1(4), the Company is satisfied that all
inside information which the Directors and the Company may have up to the
announcement of the results for the year ended 31 December 2010 has previously
been notified to a Regulated Information Service. In particular, the valuations
of the Company's unquoted investments as at 31 December 2010 are already
reflected in the Company's daily NAV announcements. Accordingly, dealings
referred to in Listing Rule 15.5.1(3) are permitted.

Enquiries

Kenneth J Greig           Edinburgh Partners Limited    0131 270 3800        
                                                                             
Colin Buchanan            Edinburgh Partners Limited    0131 270 3800        
                                                                             
Mhairi Macdonald          Edinburgh Partners Limited    0131 270 3800        

Notes

Terms defined in the prospectus relating to EP Global Opportunities Trust plc
dated 4 February 2011 have the same respective meanings in this announcement
unless the context requires otherwise.

Dickson Minto W.S., which is authorised and regulated in the United Kingdom by
the FSA, is acting for the Company for no-one else in connection with the
Proposals, and will not be responsible to anyone other than the Company for
providing the protections afforded to customers of Dickson Minto W.S. or for
providing advice to any other person in relation to the Proposals or any other
matter referred to in this announcement.