Interim Management Statement

Henderson Opportunities Trust PLC
19 March 2008

HENDERSON OPPORTUNITIES TRUST PLC



HENDERSON GLOBAL INVESTORS



19 MARCH 2008





                       HENDERSON OPPORTUNITIES TRUST PLC



                          Interim Management Statement
         Review of the period from 31 October 2007 to 29 February 2008



The Directors of Henderson Opportunities Trust plc hereby announce the
following:



Financial Position:

(the 29 February 2008 figures exclude current financial year revenue items)
                                                                       at 29 February       at 31 October

                                                                                 2008                2007
Ordinary share price                                                           496.0p              668.0p
Discount                                                                        18.3%               12.0%
Subscription share price                                                        59.0p              139.0p
'Package' discount                                                              16.4%                8.3%
Total net assets                                                        £58.4 million       £62.3 million
Net asset value per ordinary share                                             607.4p              758.8p
Gearing                                                                         15.4%                9.1%
Yield                                                                           1.21%                   -
Total Expense Ratio (year ended 31 October 2007)                                    -               1.09%





Dividends:  A final dividend of 6.0p per ordinary share, in respect of the year
ending 31 October 2007, will be paid on 26 March 2008 to shareholders on the
register of members on 29 February 2008 (2006: nil),



Share Capital:  There have been no changes to the issued share capital of the
Company since 31 October 2007.



Continuation: At the Annual General Meeting held earlier today, the shareholders
voted by a substantial majority for the continuation of the Company.  An
additional continuation vote will be put to the shareholders in 2009.



Board Outlook:  The Board continues to implement the Company's strategy of
investing in a concentrated portfolio of predominantly UK companies,
unconstrained by market capitalisation, which allows the Portfolio Manager to
buy the shares of large, medium and small companies by taking up the best
opportunities available to him. After the recent falls there are real
opportunities to invest at attractive levels and the Board expects to maintain a
geared position to take advantage of these, if appropriate to the agreed limit
of 25% of net assets.





There are no other material events or transactions to report.








THE PORTFOLIO



Top 10 Investments at 29 February 2008
(Source: Henderson)                                                          % of Portfolio
Fidessa                                                                                 3.5
Hyder Consulting                                                                        2.9
Kenmare Resources                                                                       2.7
WSP                                                                                     2.5
Axon                                                                                    2.4
Zetar                                                                                   2.3
eServGlobal                                                                             2.3
Royal Bank of Scotland                                                                  2.3
Hampson Industries                                                                      2.3
Great Portland Estates                                                                  2.1
                                                                                  ---------
Top 10 =                                                                              25.3%
                                                                                      =====



Top 10 Investments at 31 October 2007
(Source: Annual Report)                                                      % of Portfolio
Fidessa                                                                                 3.9
WSP Group                                                                               3.4
Axon                                                                                    3.3
Hyder Consulting                                                                        3.1
Kenmare Resources                                                                       2.8
Hampson Industries                                                                      2.5
Zetar                                                                                   2.2
Goals Soccer Centres                                                                    2.1
Murgitroyd                                                                              2.1
e2v                                                                                     1.9
                                                                                 ----------
Top 10 =                                                                              27.3%
                                                                                     ======





The Manager is Henderson Global Investors Limited.  Further information on the
Company, including an up to date NAV and share price information, can be found
on the Manager's website at www.itshenderson.com





For further information, please contact:



James Henderson                                     James de Sausmarez

Portfolio Manager                                   Head of Investment Trusts

Henderson Opportunities Trust plc                   Henderson Global Investors

Telephone: [phone]                            Telephone: [phone]





                                    - ENDS -


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