Interim Management Statement

Jupiter Green Investment Trust PLC
       Interim Management Statement for the three months to 30 June 2010


The  Board of Jupiter Green  Investment Trust PLC (the  "Company") is pleased to
announce  its interim  management statement  for the  three months ended 30 June
2010.

Investment Manager's Report for the three months ended 30 June 2010

Performance Review
With effect from 1 April 2010 the Trust's benchmark index was changed to the
MSCI World Small Cap Index (total return). For the three months ended 30 June
2010 the total return for the Trust was -11.1%* compared to a return of -9.5%*
for the Trust's benchmark index.

Market and Policy Review
During the June quarter, global stock prices were de-rated on the back of
escalating sovereign debt problems in Europe and signs that growth rates in
China and the US were moderating. Greek debt was downgraded to junk status by
ratings agency S&P at the end of April heightening contagion fears across
Europe. A €750bn European Central Bank/IMF bail-out package in early May
provided some stability, but was not widely viewed as a panacea for Europe's
fiscal problems. The region now faces severe fiscal austerity and fears have
grown about a return to recessionary conditions in many Western countries.
Commodity stocks were among the worst affected by the prospect of a downturn in
global growth. Defensive stocks generally outperformed the market.

Fund performance
Against this backdrop, the Trust lost ground with concerns about a slowdown in
global growth weighing on several holdings. Horsehead Holdings** (waste
management), which recycles metals such as zinc and aluminium, suffered due to
falling commodity prices. Spanish stocks Telvent** (environmental services) and
Abengoa (clean energy) were sold off by investors on worries about Spain's
sovereign debt position, despite both companies having solid international
businesses. Wind power stocks Vestas Wind Systems and Infigen Energy (clean
energy) were marked down to below their long-term growth potential in our view.
Vestas saw a 40 per cent. quarterly increase in orders for the second quarter,
yet is valued for a worst case scenario, in our view. Infigen Energy lost ground
after it pulled the sale of its US wind business due to an unfavourable pricing
environment that was largely being driven by low gas prices. We believe the
management's decision is positive for the long term outlook for the company.
Companies which released positive trading statements generally helped
performance. Rubicon Technology** (clean energy), which manufactures crystalline
products for LED lights, rallied on the back of solid first quarter results.
From the sustainable living theme, United Natural Foods** made progress after
the company acquired SunOpta's Canadian distribution business, while high
welfare pork business Cranswick rallied after announcing a 26 per cent. jump in
its annual profit to March 2010. Environmental services company Atkins rallied
off a low valuation after it took steps to plug a gap in its pension deficit.


Investment Outlook
Corporate outlook statements generally showed greater confidence during the
European and US reporting season. Many companies are well positioned - with
better cost structures and strong balance sheets - to profit from economic
recovery. However, the macro outlook has become somewhat opaque in recent months
with increased fiscal austerity in Europe and moderating growth elsewhere in the
world. The challenge for businesses will be to defend their improving earnings.
In general, we believe that the potential slowdown in economic growth is being
accounted for in low stock prices.

BP Oil Disaster
It  goes without saying that the BP oil spill  in the Gulf of Mexico has been an
extraordinary   environmental  disaster.  It  has  highlighted  the  significant
environmental  risk  associated  with  deep  sea  drilling  for oil. It has also
underscored  how environmental damage  at the hands  of corporations can present
significant  reputational risk, even  for oil companies.  While the spill in the
Gulf  is  very  disturbing,  it  may  have  some  positive  outcomes in terms of
sentiment  towards alternative energy and energy efficiency legislation aimed at
lowering  the longer  term global  fossil fuel  dependency. It  may also prove a
catalyst   for   greater  investment  by  large  international  corporations  in
technology  to improve energy efficiency and the overall environmental impact of
their operations.

Charles Thomas
Jupiter Asset Management Limited
Investment Manager


Total Assets as at 30 June 2010: £38,760,454

Shares in Issue on 30 June 2010:

                           Net Asset Value  Market Price (p) Premium/ (Discount)
                           (p)

Ordinary (undiluted)       94.84
excluding income/expenses

Ordinary (undiluted)       95.06
including income/expenses
                                            85.75            (10%)
Ordinary (diluted)         94.84
excluding income/expenses

Ordinary (diluted)         95.06
including income/expenses

Warrants                   n/a              3.00             n/a



Portfolio Distribution on 30 June 2010

 United Kingdom            27%

 North America             41%

 Europe                    18%

 Japan                     7%

 Other                     3%

 Cash and fixed interest   4%
--------------------------------
                           100%

The Company's exposure to other UK listed investment companies was nil on 30
June 2010.


Top Ten Holdings on 30 June 2010

Company                Country of Listing Activity           % of total assets

Cranswick              United Kingdom     Sustainable Living 4.5

Novozymes              Denmark            Clean Energy       3.1

First Solar            United States      Clean Energy       2.7


National Express       United Kingdom     Green Transport    2.7

First Group            United Kingdom     Green Transport    2.5

American Semiconductor United States      Clean Energy       2.3

Ricardo                Canada             Water Management   2.2

Vestas Wind Systems    Denmark            Clean Energy       2.2

Pure Technologies      Canada             Waste Management   2.2

Wabtec                 United States      Green Transport    2.2

                                                             26.6


Comparative Performance to 30 June 2010

                                          Three    One year % Since launch %
                                          months %

Total Assets*                             (11.1)   9.5        (2.3)

MSCI World Small Cap Index (total return) (9.5)    31.2       7.4

Ordinary Share NAV                        (11.1)   9.5        (2.3)

Ordinary Share Price                      (6.3)    12.1       (14.3)

Warrant Price                             (45.5)   (65.7)     (85.7)

* Performance adjusted for share issue/cancellation since launch

The Company's Investment Objective

The  Company's  investment  objective  is  to  generate long-term capital growth
through a diverse portfolio of companies providing environmental solutions.

The Company's Investment Policy

The  Company invests  globally in  companies which  have a  significant focus on
environmental   solutions   such   as  Clean  Energy,  Water  Management,  Waste
Management,  Sustainable Living, Environmental Services and Green Transport. The
Company is focused on the following six green investment themes:

<li> Clean Energy
Stand alone power and back-up systems based on wind, solar, flywheels, batteries
and fuel cells; bio-fuels; insulation materials; energy efficiency technologies.
<li> Water Management
Water  and wastewater services including  sewerage and treatment infrastructure;
new technology-based solutions such as membranes and UV disinfection.

<li> Waste Management
Waste  reduction and associated technologies; recycling and resource management;
recycled materials.

<li> Sustainable Living
Healthy  lifestyle sector  including organic  foods, complementary medicines and
healthcare.

<li> Environmental Services
Companies   directly   benefiting   from  increased  environmental  legislation,
including environmental consultancies and providers of safety equipment.

<li> Green Transport
Integrated  public transport  systems; vehicle  emissions and  energy efficiency
control technologies.

The  Company's  portfolio  has  a  bias  towards small and medium capitalisation
companies. It invests primarily in securities which are quoted, listed or traded
on  a recognised  exchange. However,  up to  5 per cent.  of the Company's Total
Assets  (at the time of such investment) may be invested in unlisted securities.
No such investments have been made to date.

Material Events

At  the  Company's  Annual  General  Meeting  on  28 July  the changes to be the
Company's  investment policies, described by the  Chairman in the Annual Report,
were  ratified by shareholders. The  Annual Report also sets  out details of the
consolidation  of  the  management  arrangements  and  outlook for the Company's
dividend policy.


Company Information

Year end:31 March

Results:interim  results  to  30 September  2010 announced  November 2010; final
results to 31 March 2011, announced June 2011

Monthly   fact   sheets   for   the   Company   are   available   for   download
fromwww.jupiteronline.co.uk  and  by  post  or  fax  on request from the company
secretarial department.

The  Company's  Ordinary  shares  and  Warrants  are  listed on the London Stock
Exchange  and the prices are published  in the Financial Times under `Investment
Companies'.

The  Net Asset Values of the Company's Ordinary shares are calculated weekly and
can be viewed on the London Stock Exchange website atwww.londonstockexchange.com
(under the heading 'Market News').




For further information, please contact:

Richard Pavry
Director of Investment Trusts
Jupiter Asset Management Limited
[e-mail]
020 7314 4822

Faith Pengelly
Company Secretarial Department
Jupiter Asset Management Limited
[e-mail]
020 7314 4915

The Company's Registered office is at 1 Grosvenor Place, London SW1X 7JJ.

This   interim   management  statement  has  been  prepared  solely  to  provide
information  to meet the  requirements of the  UK Listing Authority's Disclosure
and Transparency Rules.

By order of the Board
Jupiter Asset Management Limited
13 August 2010


[HUG#1437952]








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Source: Jupiter Green Investment Trust PLC via Thomson Reuters ONE