Trading Update and Notice of Results

15 January 2014

Jupiter Fund Management plc ("Jupiter", the "Group") today issues its trading update in respect of the three months to 31 December 2013.

HIGHLIGHTS

§ Assets under management ("AUM") increased to £31.7 billion in the three months to 31 December 2013.

§ Net mutual fund inflows of £458 million in the three months to 31 December 2013.

§ Cumulative net mutual fund inflows of £1.2 billion in the year to 31 December 2013.

Edward Bonham Carter, Chief Executive, commented:

"Mutual fund inflows of £458 million in the fourth quarter were driven by improved client sentiment and strong delivery from our increasingly broad distribution network. This continued momentum from our mutual fund franchise helped Jupiter's AUM increase by 20 per cent. over the full year to £31.7 billion at 31 December 2013."

ASSETS UNDER MANAGEMENT AND FLOWS

Jupiter delivered improved net mutual fund flows of £458 million during the fourth quarter, with continued inflows in the UK supported by our expanding international presence. Inflows were spread across fixed income funds, such as Strategic Bond and Dynamic Bond, and top-performing equity funds, such as UK Special Situations and our European range, with international flows lifting our SICAV AUM to £3 billion at year end. Together with improved market levels, this led to mutual funds AUM increasing to £24.8 billion at 31 December 2013.

Overall net inflows for the quarter were £510 million, taking cumulative net inflows for the full year to £1.2 billion.

OUTLOOK

We continue to believe in the long-term growth prospects for the savings market. As we extend our relationships with key distributors on a global basis, we are confident we can continue to deliver profitable growth at attractive margins and, within our sustainable balance sheet structure, share the rewards of this growth with our investors.

NOTICE OF RESULTS

Jupiter will be issuing its audited results for the year ended 31 December 2013 on 27 February 2014 and will host an analyst presentation to discuss the results at 9:00am. The presentation will be held at FTI Consulting, Holborn Gate, 26 Southampton Buildings, London, WC2A 1PB. For further details of announcement dates during 2014, please see http://www.jupiteronline.com/Jupiter-Fund-Management-plc/Shareholder-info/Financial-calendar.

Forward-looking statements

This announcement contains forward-looking statements with respect to the financial condition, results and business of the Group. By their nature, forward-looking statements involve risk and uncertainty because they relate to events, and depend on circumstances, that will occur in the future. Jupiter's actual results may differ materially from the results expressed or implied in these forward-looking statements. Nothing in this announcement should be construed as a profit forecast.