Portfolio Update

Pursuant  to Listing Rule 21.20(1)(i), Jupiter European Opportunities Trust  PLC
announces  that,  as  at 31st March 2006, its only investment  in  other  listed
investment  companies (including listed investment trusts) which  themselves  do
not  have  stated investment policies to invest no more than 15% of their  total
assets in other listed investment companies (including listed investment trusts)
was Mecom Group PLC.

A monthly fact sheet for the Company is available on a request  from Company
Secretaries and from www.jupiteronline.co.uk.

By order of the Board.
Jupiter Asset Management Limited, Company Secretaries.