Interim Results

Jupiter Int.Green Inv. Trust PLC
8 September 2000

Preliminary announcement of results for the half year to 30th June 2000
(unaudited)


                            CHAIRMAN'S STATEMENT

The total assets of your Company increased by 10.7% to £55.82m, after
adjusting for the exercise of warrants, during the six months to the 30th June
2000.  This compares to an increase of 3.4% in the FTSE World Index and a
decrease of 6.5% in the FTSE All-Share Index.

Revenue before taxation for the six months was £497,000 against £414,000
(adjusted) for the same period last year.  Your directors are declaring an
unchanged interim dividend of 1.7p net per Ordinary share and anticipate, in
the absence of unforeseen circumstances, being able to at least maintain the
final dividend of 2.6p net.

The key economic events of the last six months have been the continued steady
raising of interest rates in the US, UK and mainland Europe as governments led
by the Federal Reserve have continued to act proactively and raised rates to
dampen down levels of economic growth.  With inflation rates around the world
remaining at low levels, indeed in Japan negative, the economic outlook
remains excellent and the raising of interest rates has primarily been the
fine tuning of economies to avoid the stop/go of previous cycles.  World
equity markets have been relatively unmoved by these rises as the indications
have been that only modest rises are required to achieve these objectives.  It
is possible interest rates in the UK have now reached their peak in the
present cycle.

The policy of investing in environmental technologies has resulted in the
overseas exposure of your Company rising to 31% from 21% a year ago.  Among
the most notable successes in this area have been Ballard Power, the leading
fuel cell company and Vestas the world leader in wind turbines.  At the same
time the Green Century balanced fund has continued to perform extremely well. 
UK equities remain the largest asset type at 66% of the total portfolio with a
strong bias to smaller companies.  This was a considerable help to performance
as over the last six months the FTSE Small Cap Index rose by 11.3% as compared
to a fall of 7.8% by the FTSE 100.  The most notable successes amongst the
smaller companies holdings were: Telemetrix, a telecom equipment supplier,
Courtaulds Textiles, Intercare, a healthcare company and RPS, the leading
environmental consultant.

One of the key environmental events of the last six months was the publication
of the much heralded UK report on 'Energy - The Changing Climate' which was
published by the Royal Commission on Environmental Pollution ('RCEP') in June
2000.  The aim of the study was to identify the actions required to develop a
sustainable strategy for energy provision and use.  The report concluded that
while the UK Government's current target for reducing annual CO2 emissions by
20% from their 1990 level by 2010 was welcome, it did not go nearly far
enough.  Instead, the RCEP suggests that the UK should cut its CO2 emissions
by 60% by 2050.  It offered four ways in which this target could be reached
each offering a mix of fossil fuels, renewable energy sources and energy
efficiency, the last two being of immense interest and importance to green
investment funds.

The most recent data in the US and UK confirms that inflationary pressures
remain low and that short term interest rates may not have to rise as much as
had been feared which is providing a positive outlook for equity markets.

Your directors are mindful that the Company is approaching its winding up date
of 31st March 2001 and they hope to be able to advise shareholders later in
the year of their proposals for the future of the Company.

Michael  Heathcoat Amory
8th September 2000


                     CONSOLIDATED STATEMENT OF TOTAL RETURN
                       (incorporating the Revenue Account)
                      for the six months to 30th June 2000
                                   (unaudited)

                                           2000                         1999 

                        Revenue  Capital  Total     Revenue   Capital   Total 
                                                  (Restated)        (Restated)
                          £'000    £'000  £'000       £'000     £'000   £'000 
  

Gains on investments       -       5,516  5,516           -     6,892   6,892 
               
Revaluation of currencies  -           1      1           -         1       1 
             
Income from fixed asset 
   investments            553          -    553         521         -     521 
             
Other income               37          -     37          46         -      46 
              
Profit on dealings by
  subsidiary               66          -     66           7         -       7 
             
                       ______     ______  _____     _______     _____   _____
GROSS REVENUE AND 
  CAPITAL GAINS           656      5,517  6,173         574     6,893   7,467 
               

Management fees          (130)     (130)   (260)       (120)     (119)   (239)
                    
Other administrative 
   expenses               (29)       (29)   (58)        (40)      (41)    (81)
             
                       ______      ______  _____     _______     _____   _____
  
NET RETURN ON
  ORDINARY ACTIVITIES     497      5,358   5,855        414     6,733   7,147 
  BEFORE FINANCE COSTS
  AND TAXATION 

Interest payable            -          -       -          -         -       - 
     
                       ______      ______   _____   _______     ______  _____
RETURN ON ORDINARY 
  ACTIVITIES             497       5,358    5,855       414      6,733  7,147 
  BEFORE TAXATION       

Tax on ordinary
  activities             (29)         14      (15)      (16)        18      2 
            
                       ______      _____     _____   ______     ______  _____ 
     
RETURN ON ORDINARY 
   ACTIVITIES            468       5,372     5,840      398      6,751  7,149 
   AFTER TAXATION      ______      _____     _____   ______     ______  _____

Return attributable
   to equity shares       468      3,056     3,524      398      5,045  5,443 
             
Return attributable 
 to non-equity shares       -      2,316     2,316        -      1,706  1,706 
      
                        ______     ______     _____   ______     ______  _____
                          468      5,372     5,840      398      6,751  7,149 
               

Dividends payable to 
   equity shareholders   (513)         -      (513)    (486)         -   (486)
      
                       ______     ______     _____   ______     ______  _____
TRANSFER (FROM)/
   TO RESERVES            (45)     5,372     5,327      (88)     6,751  6,663 
               
                       ======     ======     =====   ======     ======  =====

BASIC RETURN PER 
  ORDINARY SHARE        1.60p     10.48p     12.08p   1.43p     18.14p 19.57p 
            
DILUTED RETURN PER
  ORDINARY SHARE           -          -          -    1.41p     17.53p 18.94p

       
                         CONSOLIDATED CASH FLOW STATEMENT
                      For the six months to 30th June 2000
                                   (unaudited)

                                                     2000              1999 
                                                    £'000             £'000 

OPERATING ACTIVITIES                            
Net cash inflow from operating
 activities                                           328               379
                                                _________         _________
SERVICING FINANCE
Interest paid                                           -                 -
                                                _________         _________
TAXATION
Tax paid                                              (20)              (14)

CAPITAL EXPENDITURE AND FINANCIAL
 INVESTMENT
Purchase of fixed asset investments                (8,104)           (16,574)
Sale of fixed asset investments                     6,080             14,247
                                                _________          _________
Net cash outflow from capital 
 expenditure and financial investment              (2,024)            (2,327)
                                                _________          _________

EQUITY DIVIDENDS PAID                                (743)              (686)
                                                _________          _________
Cash outflow before use of liquid         
     resources and financing                       (2,459)            (2,648)

MANAGEMENT OF LIQUID RESOURCES
Current asset investment dealings                      15                 (5)
                                                _________          _________
     
Cash outflow before financing                      (2,444)            (2,653)

FINANCING
Proceeds from issue of share capital                1,591              1,147
                                                _________           ________
Decrease in cash                                     (853)            (1,506)
                                                _________           ________
         
RECONCILIATION OF NET CASHFLOW
  TO MOVEMENT IN NET FUNDS
                                                    £'000

Decrease in cash in period                           (853)
Cash received to reduce liquid resources              (15)
                                                    ______
Movement in net funds in period                      (868)
Net funds at 1st January 2000                       1,703
                                                    ______
Net funds at 30th June 2000                           835
                                                    ______



                       CONSOLIDATED BALANCE SHEET

                                               30th June        31st December 
                                                    2000                 1999 
                                                   £'000                £'000 
                                              (Unaudited)            (Audited)

FIXED ASSETS
Investments at market value                       55,372               47,803
                                               _________            _________
CURRENT ASSETS
Investments                                           15                   30 
Debtors                                              175                  191 
Cash at bank                                         820                1,673 
                                                ________             ________
                                                   1,010                1,894
CREDITORS                     
Amounts falling due in less than one year           (567)                (800)
      
                                                _________             ________
Net current assets                                   443                1,094 
                                                _________             ________
TOTAL ASSETS LESS CURRENT LIABILITIES             55,815               48,897
                                                =========             ========

Called up share capital                            7,849                7,435 
Share premium account                             21,147               19,970
Capital reserve - realised                        19,836               20,019 
Capital reserve - unrealised                       6,666                1,111
Revenue reserve                                      317                  362 
                                                ________            _________ 
                                 
                                                  55,815               48,897 
                          
                                                ========             ========


Net asset value per Ordinary share                 75.6p                 67.4p
Net asset value  per Zero Dividend 
   Preference share                               109.3p                103.6p
Net asset value per Unit of One Ordinary                      
   and One Zero Dividend Preference share         184.9p                171.0p
                                        
The Interim Report will be sent to all registered shareholders and copies may
be obtained from the registered office of the Company at 1, Grosvenor Place,
London SW1X 7JJ.

BY ORDER OF THE BOARD
JUPITER ASSET MANAGEMENT LIMITED
SECRETARIES