Proposed C Share Issue

Jupiter Green Investment Trust PLC - Proposed C Share Issue

The  Board  of  Directors of Jupiter Green Investment Trust PLC (the  "Company")
announces  that it proposes to raise new monies through a placing and offer  for
subscription of equity securities.

The Board's proposals for a C share issue come in response to strong demand from
investors  in  the 12 months since the Company was launched on 8 June  2006.  In
this  period,  the Company has seen its undiluted net asset value increase  from
97.07p to 126.9p per ordinary share (as at 28 May 2007).

Based  on the middle market prices of the Company's ordinary shares and warrants
on  the  London  Stock  Exchange at close of business on 1 June 2007, the  see-
through  value  of  an investment of 100p at launch would now be 138.10p
(comprising one ordinary share at 127.75p and one fifth of a warrant at 51.75p).
Warrants were issued on a one-for-five basis together with the ordinary shares at
launch.

The  Company  is a London-listed investment trust which seeks to generate  long-
term capital growth for its Ordinary Shareholders through a diverse portfolio of
companies providing environmental solutions.  The Company's investment policy is
to  achieve  the  objective  by investing 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.

It is intended to conduct a placing and offer for subscription of C shares (with
warrants  attached) at an issue price of 100p per C share.   The  C  shares  and
warrants  will  be converted into ordinary shares and warrants in  the  Company,
ranking parri passu with the existing securities, once the proceeds of the issue
have been invested by the Company's investment manager.

The  Board expects to publish a circular to shareholders seeking their  approval
for the issue of up to a maximum of 75 million C shares.  The circular will also
comprise  a  prospectus  for  the purposes of the  placing  and  the  offer  for
subscription.  A further announcement will be made in due course to confirm  the
timing  and  details of the issue.  Arbuthnot Securities is acting as  Financial
Adviser, Broker and Sponsor to the issue.

For further information, please contact:

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

Alastair Moreton
Director, Corporate Finance
Arbuthnot Securities
[e-mail]
020 7012 2000