Portfolio Update

Pursuant to Listing Rule 21.20(1)(i), Jupiter European Opportunities Trust PLC
announces that, as at 31st December 2005, 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.