Warrant Exercise

Jupiter Green Investment Trust PLC

Warrant Exercise

The  Board of Jupiter Green Investment Trust PLC (the "Company") announces  that
it  has  received notice from the holders of 32,391 Warrants that they  wish  to
exercise   their  right  to  convert  into  Ordinary  shares  in  the   Company.
Accordingly,  the  Company  has issued and allotted a  further  32,391  Ordinary
shares  arising from the exercise of Warrants at the subscription price of  100p
per Ordinary share.

Following  the  conversion of the 32,391 Warrants, there would  be  a  total  of
4,973,621 remaining Warrants and 27,540,428 Ordinary shares in issue.   Pursuant
to  the  recent C Share Placing and Offer for Subscription, there are a  further
24,250,000 C Shares and 4,850,000 New Warrants in issue.

The allotment of the Ordinary shares is conditional on admission to the Official
List   and   the   commencement  of  dealings  on  the  London  Stock   Exchange
("Admission"), which is expected to take place at 8.00 a.m. on Tuesday, 7 August
2007.

Issued share Capital for the Purposes of the Disclosure and Transparency Rules

Following Admission, the Company's issued share capital will comprise 27,540,428
Ordinary  shares and 4,973,621 Warrants.  In addition, following  the  recent  C
Share  Placing  and  Offer for Subscription, there are a  further  24,250,000  C
Shares and 4,850,000 New Warrants in issue. The Company does not hold any shares
in Treasury.

The  above figures may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to notify
their  interest in, or a change to their interest in, the share capital  of  the
Company  under  the  Financial Service Authority's Disclosure  and  Transparency
Rules

Availability of Monthly Fact Sheets and Further Information

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

The Company's Ordinary shares, C Shares, Warrants and New 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 and C Shares  are  calculated
weekly   and   can   be  viewed  on  the  London  Stock  Exchange   website   at
www.londonstockexchange.com (under the heading `Market News').


Enquiries

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

Jonathan McGuire
Company Secretarial Department
Jupiter Asset Management Limited
[e-mail]
020 7314 4773