Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                        
                                                                                        
                                                                       
1. Identity of the issuer or the underlying issuer                        The European Investment 
of existing shares to which voting rights are                             Trust plc               
attached:                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                        X    
                                                                                        
An acquisition or disposal of qualifying financial instruments which may                
result in the acquisition of shares already issued to which voting rights are           
attached                                                                                
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                   Investec Wealth & Investment 
notification obligation:                                             Limited           
                                                                                        
4. Full name of shareholder(s)                                          N/A             
 (if different from 3.):                                                             
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                13th August 2013       
reached:                                                                           
                                                                                        
6. Date on which issuer notified:                                14th August 2013       
                                                                                        
7. Threshold(s) that is/are crossed or                             From 8% to 9%        
reached:                                                                      
                                                                                        
8. Notified details:                                                                                   
                                                                                                       
A: Voting rights attached to shares                                                        
                                                                                                       
Class/type       Situation previous            Resulting situation after the triggering transaction 
of               to the triggering                                                                         
shares           transaction                                                                               
if possible      Number                 Number        Number    Number of voting        % of  voting rights 
using the        of Shares              of            of        rights                                  
ISIN CODE                               Voting        shares                                               
                                        Rights                                                             
                                    
                                        Direct        Direct    Indirect     Direct      Indirect    
                                                                                                       
Ordinary                                                                                               
Shares                                                                                                 
GB0003295010     3,782,356             3,782,356                3,787,406                9.00%       

                                                                                                     
B: Qualifying Financial Instruments                                                                    
                                                                                                       
Resulting situation after the triggering transaction                                                   
                                                                                                       
Type of        Expiration            Exercise/              Number of voting             % of voting   
financial      date                  Conversion Period      rights that may be           rights        
instrument                                                  acquired if the                            
                                                            instrument is                              
                                                            exercised/ converted.                      
                                                
C: Financial Instruments with similar economic effect to Qualifying Financial                          
Instruments                                                                                     
                                                                                                       
Resulting situation after the triggering transaction                                                   
                                                                                                       
Type of       Exercise price        Expiration  Exercise/  Number of voting rights    % of voting      
financial                           date        Conversion instrument refers to       rights   
instrument                                      period                                                 
                                                                                               
                                                                                                       
                                                                                      Nominal Delta      
                                                                                             
Total (A+B+C)                                                                                          
                                                                                                       
Number of voting rights                                  Percentage of voting rights                   
                                                                                                       
3,787,406                                                9.00%                                         
                                                                                                       

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable:                          
                                                                                        
Client holdings registered in the name of Nominee companies 100% owned by               
Investec Wealth & Investment Limited.                                                   
                                                                     
Proxy Voting:                                                                           
                                                                                        
                                                                                        
10. Name of the proxy holder:                                                           
                                                                       N/A              
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                       N/A              
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                         N/A              
                                                                                    
13. Additional information:                                            N/A                             
                                                         
                                                        
14. Contact name:                                       Phil Beardwell Chartered FCSI   
                                                        Senior Compliance Manager       
                                                                                             
                                                         
15. Contact telephone number:                                      020 7597 1356