Charlie Thomas, Head of Environmental Investment at Jupiter, believes that environmental investing is moving towards a new era, as the traditional trends give way to issues that are affecting broader society. To better address this shift in emphasis, the environmental investment team at Jupiter has decided to change the way it describes the investment opportunities on its range of funds*. They will now refer to three broad categories - infrastructure, resource efficiency and demographics, rather than the six green investment themes** used previously.

While this change is not expected to have any material impact on the decision-making process of the investment team, the team believes that the new categories better reflect the way environmental issues will become embedded in mainstream economic activity in future years.

Charlie comments: "Investment in environmental solutions businesses is no longer a niche enterprise, but is rather about investment in the long-term structural growth of the global economy. Demands of an increasing global population on the world's finite resources, for example, are likely to make environmental solutions businesses ever more fundamental to sustainable economic growth.

"We believe that our categories have evolved towards a more integrated approach and that these broader areas better capture the link between issues relating to the society, economies and environmental issues."

New category descriptions:

. Infrastructure - there has been a marked increase in global infrastructure spending in recent years as emerging economies look to support rapid growth and mature economies seek to modernise. This is creating opportunities for businesses involved in renewable energy generation, smart electrical grids, clean and wastewater systems, transport infrastructure and communication networks. Examples of currently held stocks include Vestas Wind Systems, one of the largest wind turbine manufacturers globally and Vossloh, a rail infrastructure company.

. Resource efficiency - increased global demand for natural resources has stimulated significant investment in resource efficiency. This is creating opportunities for businesses involved in energy and water efficiency, waste recycling, air pollution technology among others. Examples of stocks held include Schnitzer Steel, a US steel recycler and Regal Beloit, which produces energy efficient electrical motors.

. Demographics - growing populations and changing demographic patterns around the world create unique challenges when it comes to environmental and economic sustainability. These challenges have created opportunities for businesses that are providing sustainable, low impact solutions in sustainable consumption, public transport, health, agriculture and education. Examples of current stocks held in this category include Whole Food Markets, the US retailer of organic and healthy produce and Shimano, a leading supplier of cycling systems.

Jupiter has long been at the forefront of green and environmental investment with the launch of the first green unit trust in the UK, the Jupiter Ecology Fund, 23 years ago. Charlie Thomas leads the team which includes Chris Watt, fund manager of the Jupiter Environmental Income Fund and Abbie Llewellyn-Waters, Equities Analyst. Charlie has been the lead manager of the Jupiter Ecology Fund since September 2003. The fund management team is supported by Jupiter's long established Sustainable Investment and Governance team, headed by Emma Howard Boyd, who undertake the environmental and ethical approval process.

Charlie Thomas, Head of Environmental Investment, said: "We believe that we are at an inflection point in environmental investing and we want to ensure that we remain ahead in addressing this global attitudinal, economic and societal shift. However, our fundamental bottom-up approach to picking companies which we believe provide the best opportunities to make our investors' money over the long term, will not change."

- ENDS -

Notes to Editors

* Jupiter Ecology Fund, Jupiter Environmental Income Fund, Jupiter Green Investment Trust PLC and the Jupiter Climate Change Solutions SICAV
**Six original green themes: clean energy, water management, waste management, sustainable living, environmental services and green transport.

Environmental investment team biographies

Charlie Thomas - Fund Manager, Head of Environmental Investment team
Charlie Thomas joined Jupiter in 2000 and, since September 2003, he has been the lead fund manager of both Jupiter Green Investment Trust PLC and the Jupiter Ecology Fund (Unit Trust). Charlie also manages the Climate Change Solutions SICAV and is responsible for the management of a number of segregated mandates for Jupiter's institutional clients.

Prior to Jupiter, Charlie spent three years working for BP as an environmental adviser and has also worked for the United Nations Environment Programme as well as other financial institutions. Charlie gained an MSc in Environmental Technology from Imperial College, London and a degree from Nottingham University.

Christopher Watt - Fund Manager, Jupiter Environmental Income Fund
Chris joined Jupiter in 1999 as a Client Services Executive and became an Assistant Fund Manager in 2000. For most of his career at Jupiter, Chris has worked as an assistant fund manager on the UK equity desk. In August 2006 he extended these responsibilities to include UK Environmental Investment. Chris Watt was appointed Fund Manager of the Jupiter Environmental Income Fund in January 2007.

Abbie Llewellyn-Waters - Equities Analyst, Environmental Investment team
Abbie joined Jupiter in 2006 and has worked in fund management since 2007 as an Equities Analyst on the global environmental funds. Prior to this, Abbie worked in strategy for the Financial Markets Department of Simmons & Simmons. Professional courses undertaken include the London Business School, Investment Management Programme, as well as the University of Cambridge, Business and the Environment Programme. She gained a degree in Classics (AWS) from University College, London.

Jupiter Unit Trust Managers Limited (JUTM) and Jupiter Asset Management (JAM) are both authorised and regulated by the Financial Services Authority and their registered address is Grosvenor Place, London SW1X 7JJ. They are both subsidiaries of Jupiter Investment Management Group Limited and the group is collectively known as "Jupiter. The above commentary represents the views of the Fund Manager at the time of preparation and may be subject to change and this is particularly likely during periods of rapidly changing market circumstances. Their views are not necessarily those of Jupiter and should not be interpreted as investment advice. Every effort is made to ensure the accuracy of any information provided but no assurances or warranties are given.