Portfolio Update

Pursuant  to Listing Rule 15.4.11(1), Jupiter European Opportunities  Trust  PLC
(the  `Company') announces that, as at 31st December 2006, it did not  have  any
holdings  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).

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

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

Enquiries:

Jenny Thompson
Company Secretarial Department
Jupiter Asset Management Limited
[e-mail]
0207-314-5565