Jupiter Ord. A3 Regulatory News (JDA3)

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA OR THE REPUBLIC OF SOUTH AFRICA

30 November 2017

JUPITER DIVIDEND & GROWTH TRUST PLC

Results of Second General Meeting and Scheme Entitlements

Results of Second General Meeting:

The Board is pleased to announce that the special resolution to place the Company into liquidation was voted on and approved by the Company's shareholders at the Second General Meeting held earlier today. Patrick Brazzill and Richard Barker, or Ernst & Young LLP, have been appointed as liquidators (the "Liquidators").

The full text of the Special Resolution can be found in the Notice of Second General Meeting contained in the Company's Circular dated 19 October 2017 which is available for viewing at the National Storage Mechanism which can be located at http://www.morningstar.co.uk/uk/NSM and on the Company's website, www.jupiteram.com/JDT.

Application has been made to the UK Listing Authority and the London Stock Exchange for the listings and admissions to trading of each of the Reclassified Shares to be cancelled at 8.00 a.m. on the earlier of a date requested by the Liquidators and 29 November 2018.

Scheme Entitlements:

Following the passing of the Resolutions put forward at the Company's First General Meeting and the Second General Meeting, the Company is pleased to announce that the Final Capital Entitlement per ZDP Share, Terminal Asset Value per Common Share, Terminal Asset Value per Ordinary Income Share and issue price of the Jupiter UK Growth Shares, as at the Calculation Date and calculated in accordance with the terms of the Scheme, are as follows:

· Terminal Asset Value of the Company: £57,838,098.29

· Final Capital Entitlement per ZDP Share: 143.97 pence

· Terminal Asset Value per Common Share: 143.97 pence

· Terminal Asset Value per Ordinary Income Share: Nil

· Issue price of Jupiter UK Growth Shares: 315.0956 pence (representing a 0.75% premium to its NAV)

Therefore, Shareholders will receive the following number of Jupiter UK Growth Shares and/or the following amount of cash according to their Elections, and/or deemed Elections:

For ZDP Shareholders and Common Shareholders that elected to receive Jupiter UK Growth Shares:

· Each ZDP Share with A1 rights will roll over into 0.457 Jupiter UK Growth Shares (subject to rounding down to the nearest Share); and

· Each Common Share with A2 rights will roll over into 0.457 Jupiter UK Growth Shares (subject to rounding down to the nearest Share).

For Shareholders that elected for the Cash Option:

· Each ZDP Share with B1 rights will receive 143.97 pence in cash; and

· Each Common Share with B2 rights will receive 143.97 pence in cash.

As stated above, the Ordinary Income Share NAV was nil, therefore regrettably no Jupiter UK Growth Shares or cash will be attributed to Ordinary Income Shares under the Proposals.

Defined terms used in this announcement have the meanings given in the Company's circular dated 19 October 2017 unless the context otherwise requires.

For further information, please contact: