Compliance with Model Code

In accordance with the provisions of Listing Rule 15.5.1(4) Jupiter
European Opportunities Trust PLC (the 'Company') confirms that:



a) there is no unpublished information which constitutes price
   sensitive information in respect of the Company's securities;
b) the Company's net asset value per share is calculated and
   announced through a Regulated Information Service on a weekly
   basis;
c) the Company has no reason to believe that there will be any
   material difference between the net asset value announced on 3rd
   December 2008 (as at close of business on 30th November 2008) and
   the financial information to be published in the half yearly
   results;
d) the Company has no unquoted investments; and
e) the Company does not have plans to pay a dividend.



Accordingly the Company is exempt during the close period from the
provisions of the Model Code in respect of dealings by persons
discharging managerial responsibilities and purchasing its own
securities.  If, in the period leading up to the preliminary
announcement of the results, the directors or the Company come into
possession of any inside information, this will be notified to a RIS
before any such transaction is undertaken.



The close period to which this relates is in respect of the half year
to 30th November 2008.



Enquiries:



Jenny Thompson

Company Secretary

Jupiter Asset Management Limited

[e-mail]

020-7314-5565

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