Transaction in Own Shares

EP Global Opportunities Trust plc (the `Company')

The Company announces that on 16 January 2008 it purchased 80,000 of its own
Ordinary 1p shares at a price of £1.44 per share. The shares have been placed
into Treasury.

Following these transactions, the Company has 1,520,000 Ordinary shares held in
Treasury and 32,478,180 Ordinary shares in circulation. The total number of
shares in issue remains as 33,998,180.

16 January 2008

Enquiries:

Kenneth Greig

Edinburgh Partners Limited

Tel: [phone]

The Company's registered office address is:

12 Charlotte Square

Edinburgh

EH2 4DJ