Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Identity of the issuer or the underlying issuer of existing shares to which
    voting rights are attached (ii):
   
EP GLOBAL OPPORTUNITIES TRUST plc

2. Reason for the notification                                       State     
                                                                    Yes/No     
                                                                               
An acquisition or disposal of voting rights                           Yes      
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the notification           Noble Grossart 
obligation (iii):                                                 Investments  
                                                                    Limited    
                                                                               
4. Full name of shareholder(s) (if different from 3.) (iv):        As above    
                                                                               
5. Date of the transaction (and date on which the threshold is  16 October 2008
crossed                                                                        
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                               16 October 2008
                                                                               
7. Threshold(s) that is/are crossed or reached:                       4%       
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

Class/type of  Situation previous   Resulting situation after the triggering   
    shares             to                       transaction (vii)              
 if possible     the Triggering                                                
using the ISIN  transaction (vi)                                               
     CODE                                                                      
                                                                               
                Number   Number    Number    Number of voting    % of voting   
                  of       of        of        rights (ix)          rights     
                Shares   Voting    shares                                      
                         Rights                                                
                         (viii)                                                
                                                                               
                                   Direct    Direct   Indirect Direct  Indirect
                                               (x)      (xi)                   
                                                                               
   Ordinary    Below 3% Below 3%  1,400,114 1,400,114           4.54%          
                                                                               

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
1,400,114                               4.54%                                  

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

N/A                                                                            

Proxy Voting:


10. Name of the proxy holder:                                      N/A         
                                                                               
11. Number of voting rights proxy holder will cease to             N/A         
hold:                                                                          
                                                                               
12. Date on which proxy holder will cease to hold voting           N/A         
rights:                                                                        

13. Additional information:                                This notification is
                                                           based on a total    
                                                           voting rights figure
                                                           of 30,824,180       
                                                                               
14. Contact name:                                          Roger Brown         
                                                           (director, Noble    
                                                           Grossart Investments
                                                           Ltd)                
                                                                               
15. Contact telephone number:                              0131 226 7011