TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Global Special Opportunities Trust plc (formally US Special Opportunities Trust
plc)

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                                    
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify): Amended disclosure due to incorrect            Yes     
voting rights figure issued by the company                                     

3. Full name of person(s) subject to the notification obligation:  Funds under 
                                                                       the     
                                                                  discretionary
                                                                  management of
                                                                      Laxey    
                                                                    Partners   
                                                                     Limited   
                                                                               
4. Full name of shareholder(s) (if different from 3.):            Credit Suisse
                                                                     Client    
                                                                  Nominees (UK)
                                                                   Limited and 
                                                                     Vidacos   
                                                                    Nominees   
                                                                     Limited   
                                                                               
5. Date of the transaction (and date on which the threshold is     6 June 2008 
crossed                                                                        
or reached if different):                                                      
                                                                               
6. Date on which issuer notified:                                 17 June 2008 
                                                                               
7. Threshold(s) that is/are crossed or reached:                   No change in 
                                                                   percentage  
                                                                               
8. Notified details:                                               3.97% on 10 
                                                                    June 2008  

A: Voting rights attached to shares

Class/type of  Situation previous    Resulting situation after the triggering   
    shares             to                           transaction                 
 if possible     the Triggering                                                 
using the ISIN     transaction                                                  
     CODE                                                                       
                                                                                
                Number    Number    Number    Number of voting    % of voting   
                  of        of        of           rights            rights     
                Shares    Voting    shares                                      
                          Rights                                                
                                                                                
                                    Direct    Direct   Indirect Direct  Indirect
                                                                                
 GB0030313315  5,860,000 5,860,000 2,988,560 2,988,560           5.93%          
                                                                                
Income shares                                                                   
                                                                                

B: Financial Instruments

Resulting situation after the triggering transaction

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial       date          Conversion      rights that may be     voting  
 instrument                    Period/ Date       acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
2,988,560                               5.93%                                  

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable:



Proxy Voting:


10. Name of the proxy holder:                                                  
                                                                               
11. Number of voting rights proxy holder will cease to hold:                   
                                                                               
12. Date on which proxy holder will cease to hold voting                       
rights:                                                                        

13. Additional information:                                                    
                                                                               
14. Contact name:                                                              
                                                                               
15. Contact telephone number:                                                  



END



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