Portfolio Update

Jupiter European Opportunities Trust PLC

     Pursuant to Listing Rule 21.20(l)(ii), Jupiter European Opportunities Trust
     PLC  announces  that, as at close of business on 30th June  2006,  its  ten
     largest investments were as follows:

     Name of Security
 1   Associated British Ports
 2   Novozymes
 3   Numico
 4   Neopost
 5   Reed Elsevier
 6   Intertek Group
 7   Novo-Nordisk
 8   DNB
 9   Dassault Systemes
10   Essilor

     There  were  no  other  investments with a value greater  than  5%  of  the
     Company's total assets.

     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.