Holdings in Company

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| For filings with the FSA include    |                             |
| the annex                           |                             |
|-------------------------------------+-----------------------------|
| For filings with issuer exclude the |                             |
| annex                               |                             |
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|                                                                   |
|-------------------------------------------------------------------|
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                   |
|-------------------------------------------------------------------|
|                                          |                        |
|------------------------------------------+------------------------|
| 1. Identity of the issuer or the         |                        |
| underlying issuer                        |       Jupiter European |
| of existing shares to which voting       |    Opportunities Trust |
| rights are                               |                    PLC |
| attached: ii                             |                        |
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| 2 Reason for the notification (please tick the appropriate box or |
| boxes):                                                           |
|-------------------------------------------------------------------|
| An acquisition or disposal of voting rights          |     X      |
|------------------------------------------------------+------------|
| An acquisition or disposal of qualifying financial   |            |
| instruments which may result in the acquisition of   |            |
| shares already issued to which voting rights are     |            |
| attached                                             |            |
|------------------------------------------------------+------------|
| An acquisition or disposal of instruments with       |            |
| similar economic effect to qualifying financial      |            |
| instruments                                          |            |
|------------------------------------------------------+------------|
| An event changing the breakdown of voting rights     |            |
|------------------------------------------------------+------------|
| Other (please         |                              |            |
| specify):             |                              |            |
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| 3. Full name of person(s)     |  Jupiter Asset Management Limited |
| subject to the                |                       ("Jupiter") |
| notification obligation: iii  |                                   |
|-------------------------------+-----------------------------------|
| 4. Full name of               |                                   |
| shareholder(s)                |                                   |
|  (if different from 3.):iv    |                                   |
|-------------------------------+-----------------------------------|
| 5. Date of the transaction    |                                   |
| and date on                   |                                   |
| which the threshold is        |                   16 October 2009 |
| crossed or                    |                                   |
| reached: v                    |                                   |
|-------------------------------+-----------------------------------|
| 6. Date on which issuer       |                   2 November 2009 |
| notified:                     |                                   |
|-------------------------------+-----------------------------------|
| 7. Threshold(s) that is/are   |                                   |
| crossed or                    |                               16% |
| reached: vi, vii              |                                   |
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+--------------------------------------------------------------------------------------------------+
|8. Notified details:                                                                              |
|--------------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares viii, ix                                                      |
|--------------------------------------------------------------------------------------------------|
|Class/type of |Situation previous            |Resulting situation after the triggering transaction|
|shares        |to the triggering             |                                                    |
|if possible   |transaction                   |                                                    |
|using         |------------------------------+----------------------------------------------------|
|the ISIN CODE |Number           |Number      |Number   |Number of voting    |% of  voting rights x|
|              |of               |of          |of shares|rights              |                     |
|              |Shares           |Voting      |---------+--------------------+---------------------|
|              |                 |Rights      |Direct   |Direct |Indirect xii|Direct    |Indirect  |
|              |                 |            |         |xi     |            |          |          |
|--------------+-----------------+------------+---------+-------+------------+----------+----------|
|GB0000197722  |   12,758,949    | 12,758,949 |    0    |   0   | 13,083,949 |    0     | 16.159%  |
|              |                 |            |         |       |            |          |          |
|              |                 |            |         |       |            |          |          |
|--------------|                 |            |         |       |            |          |          |
|Ordinary      |                 |            |         |       |            |          |          |
|              |                 |            |         |       |            |          |          |
|--------------------------------------------------------------------------------------------------|
|                                                                                                  |
|--------------------------------------------------------------------------------------------------|
|B: Qualifying Financial Instruments                                                               |
|--------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                              |
|--------------------------------------------------------------------------------------------------|
|Type of financial      |Expiration    |Exercise/            |Number of voting      |% of voting   |
|instrument             |date xiii     |Conversion Period xiv|rights that may be    |rights        |
|                       |              |                     |acquired if the       |              |
|                       |              |                     |instrument is         |              |
|                       |              |                     |exercised/ converted. |              |
|-----------------------+--------------+---------------------+----------------------+--------------|
|          n/a          |     n/a      |         n/a         |         n/a          |     n/a      |
|--------------------------------------------------------------------------------------------------|
|                                                                                                  |
|--------------------------------------------------------------------------------------------------|
|C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
|--------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                              |
|--------------------------------------------------------------------------------------------------|
|Type of        |Exercise price  |Expiration|Exercise/     |Number of voting    |% of voting rights|
|financial      |                |date xvii |Conversion    |rights instrument   |xix, xx           |
|instrument     |                |          |period xviii  |refers to           |                  |
|               |                |          |              |                    |                  |
|---------------+----------------+----------+--------------+--------------------+------------------|
|      n/a      |      n/a       |   n/a    |     n/a      |        n/a         |Nominal   |Delta  |
|               |                |          |              |                    |          |       |
|               |                |          |              |                    |----------+-------|
|               |                |          |              |                    |          |       |
|--------------------------------------------------------------------------------------------------|
|                                                                                                  |
|--------------------------------------------------------------------------------------------------|
|Total (A+B+C)                                                                                     |
|--------------------------------------------------------------------------------------------------|
|Number of voting rights                            |Percentage of voting rights                   |
|---------------------------------------------------+----------------------------------------------|
|                                                   |                                              |
|13,083,949                                         |16.159%                                       |
|                                                   |                                              |
+--------------------------------------------------------------------------------------------------+



+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the                                                 |
| financial instruments are effectively held, if applicable: xxi    |
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|                                                                   |
| The shares will appear on the register in the names of Nortrust   |
| Nominees Limited                                                  |
|                                                                   |
| Of the 13,083,949 Ordinary shares held by Jupiter, 3,942,320 are  |
| held on behalf of a client of Jupiter's, Mr Alex Darwall and his  |
| family.  Mr Alex Darwall is a director of Jupiter European        |
| Opportunities Trust PLC.                                          |
|-------------------------------------------------------------------|
|                                                                   |
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| Proxy Voting:                                                     |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder:                              |      |
|------------------------------------------------------------+------|
| 11. Number of voting rights proxy holder will cease        |      |
| to hold:                                                   |      |
|------------------------------------------------------------+------|
| 12. Date on which proxy holder will cease to hold          |      |
| voting rights:                                             |      |
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|                                                                   |
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| 13. Additional information:                 |                     |
|                                             |                     |
|---------------------------------------------+---------------------|
| 14. Contact name:                           | Jenny Thompson      |
|---------------------------------------------+---------------------|
| 15. Contact telephone number:               | 0207 314 5565       |
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