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Jupiter Intnl. Green (81PW)

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Tuesday 20 March, 2001

Jupiter Intnl. Green

Reconstruction and Winding up

Jupiter Int.Green Inv. Trust PLC
20 March 2001

JUPITER INTERNATIONAL GREEN INVESTMENT TRUST PLC (the 'Company')

WINDING-UP AND RECONSTRUCTION OF THE COMPANY (the 'Scheme')

The Company went into liquidation today following the passing of the special
and extraordinary resolutions proposed to shareholders at the second
Extraordinary General Meeting of the Company held earlier today.

The Residual Net Assets of the Company, which were calculated as at close of
business on Monday, 19th March 2001, were £52.62 million after the deduction
of costs associated with the liquidation.

Of the Residual Net Assets, £5.83million will be transferred to the Jupiter
Preference Fund and £15.79 million will be transferred to Jupiter Global Green
Investment Trust plc, pursuant to the provisions of the Scheme. The remaining
cash will be distributed to shareholders that elected or were deemed to have
elected for cash.

Zero Dividend Shareholders who elected for cash will receive £1.1840 per Share
and Ordinary Shareholders who so elected will receive £0.55916 per Share.

All or some of the retention of £150,000 may be distributed in cash by the
Liquidators of the Company to all Ordinary Shareholders in due course in
addition to the sum of £587,000 due from debtors of the Company.

It is expected that cheques in respect of the cash elections under the Scheme
will be despatched on or before 26th March 2001.



Enquiries

JUPITER ASSET MANAGEMENT

Richard Pavry

020 7314 4822

           

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