Investment Policy

Jupiter European Opps. Trust PLC
14 October 2003


Jupiter European Opportunities Trust PLC

Investment Policy

The Board of Jupiter European Opportunities Trust PLC (the "Company")notes the
publication of the Investment Entities (Listing Rules and Conduct of Business)
Instrument 2003 and announces that it is the Company's policy to invest no more 
than 15% of its gross assets in other listed investment companies(including 
listed investment trusts) as defined in chapter 21 of the Listing Rules.

By order of the board:

Jupiter Asset Management Limited, Company Secretaries

Enquiries: Richard Pavry 020 7412 0703







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