Life Offices Opportunities Trust plc                      

                      Transparency directive announcement                      

In conformity with the Transparency Directive's transitional provision 6, we
notify the market of the following:-

Life Offices Opportunities Trust plc's capital consists of 23,550,000 Ordinary
Shares with voting rights and no shares are held in Treasury.

Accordingly, the shareholders may use 23,550,000 as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in Life Offices Opportunities Trust
plc under the FSA's Disclosure and Transparency Rules.

For further information regarding Life Offices Opportunities Trust plc please
see www.svmonline.co.uk or contact:

Carolina Viola SVM Asset Management Limited 0131 226 6699



END



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