TIDMUSPI 
 
GLOBAL SPECIAL OPPORTUNITIES TRUST PLC 
 
        Interim Management Statement for the period ended 31 March 2011 
 
Investment Objective 
 
The investment objective is for the portfolio to be managed to provide the 
Shareholders with capital growth, for the Income Shareholders to be repaid 
their final adjusted capital entitlement on 31 May 2011 of 120.82p per Income 
Share and for the portfolio to be managed so as to provide the Capital 
Shareholders with a cash return on or shortly after 31 May 2011. The Directors 
will seek to distribute substantially all of the net revenue to Income 
Shareholders by way of dividend, although this is not expected to be a material 
amount. 
 
Financial Highlights 
 
                                         31 March   30 November      % change 
 
                                             2011          2010 
 
Income share NAV                           37.66p         39.62p        (4.95) 
 
Mid price                                  37.75p         32.25p        17.05 
 
Capital share NAV                           0.00p          0.00p          n/a 
 
Mid price                                   0.51p          0.26p        96.15 
 
Unit (1 Cap and 1 Inc share) NAV           37.66p         39.62p        (4.95) 
 
Mid price                                  38.25p         32.00p        19.53 
 
Russell 2000 Index total return ($)     3,778.03       3,242.66         16.51 
 
 
Russell 2000 Index total return (GBP)      2,356.92       2,082.17        13.20 
 
 
US Dollar/Sterling exchange rate          1.60295        1.55735         2.93 
 
Material Events and Transactions 
 
Portfolio management 
 
In accordance with the Company's articles of association the Board will 
convene a general meeting on 31 May 2011 to propose a resolution that the 
Company be wound up. It has been the Company's strategy over the last year to 
dispose of its illiquid holdings in unlisted companies and to focus on liquid 
stocks that can be more easily realised in preparation for liquidation. Over 
the period under review this process has continued ahead of the planned winding 
up date. 
 
Banking arrangements 
 
The Company may use gearing and the Directors reserve the right to borrow up to 
a maximum of 25% of the gross assets (at the time of drawdown). As at 31 March 
2011 there were no borrowings. 
 
Top TenHoldings 
 
Company                     Sector                               % of net assets 
 
iShares TR Index Russell    Financial services                            17.94 
2000 
 
Vanguard Small Cap ETF      Financial services                            17.59 
 
Powershares QQQ Trust       Financial services                            15.72 
 
iShares S&P 500             Financial Services                             8.73 
 
ETFS Fund Company Russell   Financial Services                             4.86 
2000 
 
Skystar Bio-Pharmaceutical  Pharmaceuticals & Biotechnology                3.79 
 
Wonder Auto Technologies    Financial services                             3.45 
 
SinoHub                     Electronics                                    3.36 
 
Bio-star Pharmaceuticals    Pharmaceuticals & Biotechnology                3.28 
 
Points International        Internet Software                              2.59 
 
Further Information 
 
Daily prices, company announcements, Reports and Accounts and monthly fact 
sheets are available at www.premierassetmanagement.co.uk. 
 
20 April 2011 
 
 
 
END
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