Henderson Opportunities Trust plc will seek approval from its shareholders for a share repurchase program at the Annual General Meeting to be held on April 29, 2014. Under the plan, the company will repurchase up to 1,193,978 shares, representing 14.99% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for a share is 25p.

The maximum price which (exclusive of expenses) may be paid for an ordinary share shall be an amount equal to the higher of either 105% of the average middle market quotations for the shares as taken from the London Stock Exchange Daily Official List for the five business days preceding the day of purchase; and the higher of the last independent bid and the highest current independent bid on the London Stock Exchange. The shares will be repurchased on the market. The shares will be cancelled or be held, sold, transferred or otherwise dealt with as treasury shares in accordance with the provisions of the Companies Act 2006.

The plan will expire at the conclusion of the next Annual General Meeting, or, if earlier, after 15 months, unless renewed.