The shareholders of Blue Planet European Financials Investment Trust plc authorized a share repurchase program at its General Meeting on July 26, 2013. Under the program, the company will repurchase up to 7,467,000 shares. The minimum price that can be paid for an ordinary share is 1p.

The maximum price which may be paid for an ordinary share shall be not more than 5% above the average of the middle market quotation derived from the London Stock Exchange Daily Official List for the five business days immediately preceding the date on which such share is contracted to be purchased. The authority will expire at the conclusion of the next Annual General Meeting of the company or 15 months whichever is earlier unless previously renewed, varied or revoked by the company.