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Monday 31 March, 2003

Carrousel Capital Ld

SAR3 - Jupiter Split Trust In

Carrousel Capital Limited
31 March 2003

                                                                      FORM SAR 3



Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.
A copy must also be sent to the company the shares of which are acquired.



Date of disclosure


31st March 2003



DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')



Date of acquisition


21st March 2003



Acquisition in (name of company)


Jupiter Split Trust Income (JRTI LN)



1. Class of voting shares (eg ordinary shares)


Ordinary



Number of shares/rights over shares acquired


   25,000                              Shares                             Rights



If rights over shares acquired, as opposed to the shares themselves, specify
nature of rights






2. Resultant total holding of voting shares (and % of total voting shares in
issue)


11,410,000                                              23.00 %



Resultant total holding of rights over shares (and % of total voting shares in
issue)


                                                         %



Total percentage


  23.00 %



3. Party making disclosure


Carrousel Capital Ltd.

4. (a) Name of person acquiring shares or rights over shares


The Carrousel Fund Ltd



and, if different, beneficial owner






(b) Names of any other persons acting by agreement or understanding (see SAR 5)






Signed, for and on behalf of the party named in (3) above


Bruno Sangle-Ferriere/Jasmine Yennek



(Also print name of signatory)


Bruno Sangle-Ferriere/Jasmine Yennek



Telephone and extension number


207823 7044/207823 7070



Note.   Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.



For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section.  Tel. No: 020 7638 0129.

Email:monitoring@disclosure.org.uk




                      This information is provided by RNS
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