Henderson Opportunities Trust PLC — Proxy Solicitation & Information Statement 2012

Jan 27, 2012

Henderson Opportunities Trust plc

Attendance Card

Please bring this card with you to the Meeting and present it at Shareholder registration/accreditation.

The Chairman of Henderson Opportunities Trust plc invites you to attend the Annual General Meeting of the Company to be held at 201 Bishopsgate, London EC2M 3AE on 15 March 2012 at 2.30 pm.

Shareholder Reference Number

Please detach this portion before posting this proxy form.

Form of Proxy - Annual General Meeting to be held on 15 March 2012

To be effective, all proxy appointments must be lodged with the Company's Registrars at: Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol BS99 6ZY by 13 March 2012 at 2.30 pm.

Explanatory Notes:

• 1. Every holder has the right to appoint some other person(s) of their choice, who need not be a shareholder, as his proxy to exercise all or any of his rights, to attend, speak and vote on their behalf at the meeting. If you wish to appoint a person other than the Chairman, please insert the name of your chosen proxy holder in the space provided (see reverse). If the proxy is being appointed in relation to less than your full voting entitlement, please enter in the box next to the proxy holders name (see reverse) the number of shares in relation to which they are authorised to act as your proxy. If returned without an indication as to how the proxy shall vote on any particular matter, the proxy will exercise his discretion as to whether, and if so how, he votes (or if this proxy form has been issued in respect of a designated account for a shareholder, the proxy will exercise his discretion as to whether, and if so how, he votes).
• To appoint more than one proxy, an additional proxy form(s) may be obtained $\overline{2}$ by contacting the Registrar's helpline on 0870 707 1059 or you may photocopy this form. Please indicate in the box next to the proxy holder's name (see reverse) the number of shares in relation to which they are authorised to act as your proxy. Please also indicate by marking the box provided if the proxy instruction is one of multiple instructions being given. All forms must be signed and should be returned together in the same envelope.

• The 'Vote Withheld' option overleaf is provided to enable you to abstain on any 3. particular resolution. However, it should be noted that a 'Vote Withheld' is not a vote in law and will not be counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution.

• 1. Pursuant to regulation 41 of the Uncertificated Securities Regulations 2001, entitlement to attend and vote at the meeting and the number of votes which may be cast thereat will be determined by reference to the Register of Members of the Company at close of business on the day which is two days before the day of the meeting. Changes to entries on the Register of Members after that time shall be disregarded in determining the rights of any person to attend and vote at the meeting.
• To appoint one or more proxies or to give an instruction to a proxy (whether 5. previously appointed or otherwise) via the CREST system, CREST messages must be received by the issuer's agent (ID number 3RA50) not later than 48 hours before the time appointed for holding the meeting. For this purpose, the time of receipt will be taken to be the time (as determined by the timestamp generated by the CREST system) from which the issuer's agent is able to retrieve the message. The Company may treat as invalid a proxy appointment sent by CREST in the circumstances set out in Regulation 35(5)(a) of the Uncertificated Securities Regulations 2001.
• The above is how your address appears on the Register of Members. If this 6. information is incorrect please ring the Registrar's helpline on 0870 707 1059 to request a change of address form or go to www.investorcentre.co.uk to use the online Investor Centre service.
• Any alterations made to this form should be initialled. 7.
• The completion and return of this form will not preclude a member from attending 8. the meeting and voting in person.

Kindly Note: This form is issued only to the addressee(s) and is specific to the unique designated account printed hereon. This personalised form is not transferable between different (i) account holders; or (ii) uniquely designated accounts. The Company and Computershare Investor Services PLC accept no liability for any instruction that does not comply with these conditions.

All Named Holders

Poll Card To be completed only at the AGM if a Poll is called.

	Ordinary Business	For	Vote Against Withheld
1.	To receive the Report and Financial Statements for the year ended 31 October 2011.
$\overline{\mathbf{c}}$	To approve the Directors' Remuneration Report for the year ended 31 October 2011.
$\overline{\mathbf{3}}$ .	To approve a final dividend.
4.	To re-appoint Mr G B Burnett as a director of the Company.
5.	To re-appoint Mr M R King as a director of the Company.
$\ddot{\phantom{0}}$	To appoint Mr P A Jones as a director of the Company.
ŕ.	To re-appoint PricewaterhouseCoopers LLP as Statutory Auditors to the Company.
L	To authorise the directors to determine the remuneration of the Statutory Auditors. pecial Business
	To authorise the directors to allot relevant securities.
0.	To disapply pre-emption rights."
1.	To authorise the Company to make market purchases of its own ordinary shares."
$\mathbf{r}$	To authorise the Company to make market purchases of its own subscription shares.*
$\overline{\mathbf{3}}$ .	That a general meeting may be called on not less than 14 clear days' notice.*

Signature

In the case of a Corporation, a letter of representation will be required (in accordance with S323 of the Companies Act 2006) unless this has already been lodged at registration.

Form of Proxy

Please complete this box only if you wish to appoint a third party proxy other than the Chairman. Please complete this box blank if you want to select the Chairman. Do not insert your own name(s).

I/We hereby appoint the Chairman of the Meeting OR the person indicated in the box above as my/our proxy to attend, speak and vote in respect of my/our full voting entitlement* on my/our behalf at the Annual General Meeting of Henderson Opportunities Trust plc to be held at 201 Bishopsgate, London EC2M 3AE on 15 March 2012 at 2.30 pm, and at any adjourned meeting. - 41

$\bar{ }$

*Special Resolution

or the appointment of more than one proxy, please refer to Explanatory Note 2 (see front).
$\blacksquare$

	Please mark here to indicate that this proxy appointment is one of multiple appointments being made.		Vote		Please use a black pen. Mark with an X inside the box as shown in this example.			$\boldsymbol{\mathsf{x}}$ Vote
	Ordinary Business	For	Against Withheld			For	Against	Withheld
	1. To receive the Report and Financial Statements for the year ended 31 October 2011.			8. To authorise the directors to determine the remuneration of the Statutory Auditors.
				Special Business
2.	To approve the Directors' Remuneration Report for the year ended 31 October 2011.			To authorise the directors to allot relevant securities. 9.
3.	To approve a final dividend.			10. To disapply pre-emption rights.*
4.	To re-appoint Mr G B Burnett as a director of the Company.			11. To authorise the Company to make market purchases of its own ordinary shares.*
5.	To re-appoint Mr M R King as a director of the Company.			To authorise the Company to make market purchases of 12. its own subscription shares.*
6.	To appoint Mr P A Jones as a director of the Company.			That a general meeting may be called on not less than 13. 14 clear days' notice.*
	To re-appoint PricewaterhouseCoopers LLP as Statutory Auditors to the Company.			*Special Resolution

I/We instruct my/our proxy as indicated on this form. Unless otherwise instructed the proxy may vote as he or she sees fit or abstain in relation to any business of the meeting.

	Signature

Date

$\mathbb{Z}I$ , $\mathbb{R}I$

In the case of a corporation, this proxy must be given under its common seal or be signed on its behalf by an attorney or officer duly authorised, stating their capacity (e.g. director, secretary).

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