Share Buy Back Policy

EP Global Opportunities Trust plc (the "Company")

At the last meeting of the Board the Directors noted that the discount at which
the Company's shares have been trading relative to net asset value per share
has at times been unsatisfactory. The Directors have, therefore, decided to
adopt a stricter approach to monitoring the level of any discount and to the
buying in of shares and have instructed the Company's investment manager
accordingly. The Directors also confirmed their commitment to using their
powers to allot or repurchase the Company's ordinary shares with a view to
maintaining the middle market price at which the shares trade at close to the
net asset value most recently published by the Company (taking into account the
effect on the net asset value per share of any rights to which the shares are
trading "ex").

The Directors' commitment to allot or repurchase ordinary shares is subject to
them being satisfied that any offer to allot or purchase shares is in the best
interests of shareholders of the Company as a whole, the Directors having the
requisite authority pursuant to the Articles and relevant legislation to allot
or purchase shares, and all other applicable legislative and regulatory
provisions. Nothing in this announcement shall require the Directors to take
any steps that would require the Company to make a tender offer for its shares
or to publish a prospectus under the provisions of the Financial Services and
Markets Act 2000 (or any successor legislation).

26 May 2009

Enquiries:

Kenneth Greig

Edinburgh Partners Limited

Tel: [phone]

Graham Reaves/ Graeme Caton

G&N Collective Fund Services

Tel: [phone]

The Company's registered office address is:

12 Charlotte Square

Edinburgh

EH2 4DJ