30 October 2009
Satisfaction of Conditions of Proposed Reconstruction
The board of Jupiter Second Split Trust PLC wishes to announce that
the conditions of the Proposal referred to in Part V, paragraph 1 on
pages 55 to 56 of the Prospectus dated 11 September 2009 as detailed
below have been satisfied:
+-------------------------------------------------------------------+
| 1 | The Resolutions put to shareholders at the General meetings |
| | held on 5 October 2009 were duly passed by a majority of |
| | members present in person or by proxy; |
|---+---------------------------------------------------------------|
| 2 | The Amendment of the Official List in respect of the |
| | reclassification of Geared Growth Shares and ZDP Shares to |
| | Geared Ordinary shares and New ZDP Shares and Exit Pool |
| | Shares has taken place; |
|---+---------------------------------------------------------------|
| 3 | The UK Listing Authority have agreed to admit the |
| | reclassification of Geared Growth Exit Pool Shares resulting |
| | from the Bonus Issue to the Official List and the London |
| | Stock Exchange's Main Market and have agreed to admit such |
| | Exit Pool Shares to trading; |
|---+---------------------------------------------------------------|
| 4 | Court Approval has been granted for the Reduction of Capital; |
|---+---------------------------------------------------------------|
| 5 | The Directors have not exercised their discretion not to |
| | proceed with the implementation of the Proposals; and |
|---+---------------------------------------------------------------|
| 6 | The Initial Total Assets of £216,361,793 is in excess of the |
| | Minimum Initial Total Assets as at the Effective Date. |
+-------------------------------------------------------------------+
The Terms used and not defined in this announcement bear the meaning
given to them in the Prospectus dated 11 September 2009.
For further information please contact:
Jupiter Asset Management Limited
Richard Pavry
Tel. 020 7314 4822
BDO Corporate Finance
Suzanne Evans
Tel. 020 7486 5888
---END OF MESSAGE---
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.