The Board of Jupiter Green Investment Trust is pleased to announce it has raised £24.25m* in its C Share issue.

The placing, which closed on 27 July 2007, increases the size of the Company by 68% to nearly £60m**.

Perry Crosthwaite, Chairman of the Company, said: "The strong performance produced by Jupiter Green during the first year of its life has enabled us to raise significant new assets from both retail and institutional investors despite turbulent market conditions. We are delighted to have increased the Company's size by 68%, which puts us well on the way to achieving our stated aim of increasing the Company's size to £100m."

The C Shares, which were offered at a price of £1 per C share together with new warrants on a one for five basis, commenced dealing on the London Stock Exchange at 8am on Monday 30 July 2007.

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Notes to editors:
* Before costs.
** Based on the Company's total assets as of 23 July 2007 of £35.52m. The diluted net asset value of the Company's Ordinary shares is estimated to have been 124.64p and the undiluted net asset value is estimated to have been 129.13p.

Jupiter Green's investment objective is to generate long-term capital growth for Ordinary Shareholders through a diverse portfolio of companies providing environmental solutions.  The Company's investment policy is to achieve the objective by investing globally in companies which have a significant focus on environmental solutions, such as Clean Energy, Water Management, Waste Management, Sustainable Living, Environmental Services and Green Transport.

Charlie Thomas of Jupiter Asset Management is the lead manager of the Jupiter Green Investment Trust, with the US portfolio sub-contracted to Matt Patsky of Boston-based Winslow Management.

Fact sheets for Jupiter Green are available from www.jupiteronline.co.uk and on request from Jupiter at the numbers shown above.

Jupiter Asset Management Limited is authorised and regulated by the Financial Services Authority and its registered address is 1 Grosvenor Place, London SW1X 7JJ. Past Performance should not be seen as a guide to the future. The value of an investment may fall as well as rise and may be affected by exchange rate variations. There are specific risks associated with investment in an investment trusts in so far that shares may trade at either a discount or a premium to their net asset value. They are also able to gear, often in form of bank borrowing. This may enhance performance when markets rise or have the opposite effect when markets fall. None of the above announcement should be interpreted as investment advice.