Portfolio Holdings as at 31 October 2015

EP GLOBAL OPPORTUNITIES TRUST PLC

PORTFOLIO HOLDINGS AS AT 31 OCTOBER 2015

Rank	Company	Sector	Country	% of Net Assets
1	East Japan Railway	Consumer Services	Japan	3.1
2	Novartis	Health Care	Switzerland	3.0
3	Sumitomo Mitsui Trust	Financials	Japan	3.0
4	Sumitomo Mitsui Financial	Financials	Japan	2.9
5	Nomura	Financials	Japan	2.9
6	Panasonic	Consumer Goods	Japan	2.8
7	BP	Oil & Gas	United Kingdom	2.7
8	PostNL	Industrials	Netherlands	2.7
9	Japan Tobacco	Consumer Goods	Japan	2.6
10	KDDI	Telecommunications	Japan	2.6
11	CK Hutchison	Industrials	Hong Kong	2.6
12	Swire Pacific A	Industrials	Hong Kong	2.6
13	AstraZeneca	Health Care	United Kingdom	2.5
14	BG	Oil & Gas	United Kingdom	2.5
15	Mitsubishi	Industrials	Japan	2.5
16	NTT	Telecommunications	Japan	2.5
17	PerkinElmer	Industrials	United States	2.5
18	BNP Paribas	Financials	France	2.5
19	Apache	Oil & Gas	United States	2.4
20	Bayer	Basic Materials	Germany	2.4
21	Microsoft	Technology	United States	2.4
22	HSBC	Financials	United Kingdom	2.4
23	Roche *	Health Care	Switzerland	2.4
24	Commerzbank	Financials	Germany	2.4
25	Galaxy Entertainment	Consumer Services	Hong Kong	2.3
26	Alphabet A&C **	Technology	United States	2.3
27	Harman	Consumer Goods	United States	2.3
28	Screen	Technology	Japan	2.3
29	Bangkok Bank ***	Financials	Thailand	2.2
30	Bank Mandiri	Financials	Indonesia	2.1
31	Royal Dutch Shell A	Oil & Gas	Netherlands	2.0
32	Whirlpool	Consumer Goods	United States	2.0
33	Vodafone	Telecommunications	United Kingdom	2.0
34	Toyota	Consumer Goods	Japan	2.0
35	Qualcomm	Technology	United States	2.0
36	SK Hynix	Technology	South Korea	1.8
37	Nokia	Technology	Finland	1.8
38	ABB	Industrials	Switzerland	1.7
39	DBS	Financials	Singapore	1.7
40	Edinburgh Partners	Financials - unlisted	United Kingdom	1.2
41	Misawa Homes	Consumer Goods	Japan	1.0
	Total equity investments			95.6
	Cash and other net assets			4.4
	Net assets			100.0

* The investment is in non-voting shares
** The investment has restricted voting rights
*** The investment is in non-voting depositary receipts

GEOGRAPHICAL DISTRIBUTION

31 October 2015	% of Net Assets
Japan	30.2
Europe	20.9
United States	15.9
Asia Pacific	15.3
United Kingdom	13.3
Cash and other net assets	4.4
	100.0

SECTOR DISTRIBUTION                                       

31 October 2015	% of Net Assets
Financials	23.3
Industrials	14.6
Consumer Goods	12.7
Technology	12.6
Oil & Gas	9.6
Health Care	7.9
Telecommunications	7.1
Consumer Services	5.4
Basic Materials	2.4
Cash and other net assets	4.4
	100.0

As at 31 October 2015, the net assets of the Company were £116,617,000.

16 November 2015

Enquiries:

Kenneth Greig
Edinburgh Partners AIFM Limited
Tel: [phone]

The Company’s registered office address is:

27-31 Melville Street
Edinburgh
EH3 7JF