Transaction in Own Shares

EP Global Opportunities Trust plc (the `Company')

The Company announces that on 24 May 2007 it purchased 15,000 of its own
Ordinary 1p shares at a price of 167 pence per share and on 25 May 2007 it
purchased a further 18,000 of its own Ordinary 1p shares at a price of 166.5
pence per share. All such shares have been placed into Treasury.

Following these transactions, the Company has 173,000 Ordinary shares held in
Treasury and 33,825,180 Ordinary shares in circulation. The total number of
shares in issue remains as 33,998,180.

29 May 2007

Enquiries:

Kenneth Greig

Edinburgh Partners Limited

Tel: [phone]

The Company's registered office address is:

12 Charlotte Square

Edinburgh

EH2 4DJ