Transaction in Own Shares

EP Global Opportunities Trust Plc (the `Company')

The Company announces that on 26 July 2007 it purchased 175,000 of its own
Ordinary 1p shares at a price of 164 pence per share. The shares have been
placed into Treasury.

Following these transactions, the Company has 627,000 Ordinary shares held in
Treasury and 33,371,180 Ordinary shares in circulation. The total number of
shares in issue remains as 33,998,180.

27 July 2007

Enquiries:

Kenneth Greig

Edinburgh Partners Limited

Tel: [phone]

The Company's registered office address is:

12 Charlotte Square

Edinburgh

EH2 4DJ