Portfolio Update

EP Global Opportunities Trust Plc (the "Company")

In accordance with UKLA Listing Rule 15.4.11(2), the following list represents
the Company's 10 largest investments and where appropriate, any investment with
a value greater than 5% of the Company's gross assets as at 31st March 2007:

Name of company                       Class of share     
                                                         
Dell                                  Common             
                                                         
Deutsche Post                         Ordinary           
                                                         
E.ON                                  Ordinary           
                                                         
Itochu                                Ordinary           
                                                         
Kon KPN                               Ordinary           
                                                         
Rexam                                 Ordinary           
                                                         
Royal Bank of Scotland                Ordinary           
                                                         
Sabmiller                             Ordinary           
                                                         
Telefonica                            Ordinary           
                                                         
Vodafone Group                        Ordinary           

None of the above has a value greater than 5% of the Company's Gross Assets.