Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                      
                                                                                    
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are attached:                          The European Investment Trust plc 
                                                                                    
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
notification obligation:                                                         Investec Wealth & Investment Limited  
                                                                                    
4. Full name of shareholder(s)                                                   
 (if different from 3.):                                                         N/A             
                                                                                    
5. Date of the transaction and date on                                              
which the threshold is crossed or reached:                                       20th May 2015     
                                                                                    
6. Date on which issuer notified:                                                21st May 2015     
                                                                                    
7. Threshold(s) that is/are crossed or reached:                                  From 15% to 16%    

8. Notified details:                                                                      
                                                                                          
A: Voting rights attached to shares                                                       
                                                                                          
Class/type    Situation previous         Resulting situation after the triggering          
of            to the triggering          transaction                                       
shares        transaction                                                                  
                                                                                          
if possible   Number         Number      Number     Number of voting  % of  voting rights  
using         of             of          of shares  rights                                 
the ISIN      Shares         Voting                                                        
CODE                         Rights                                                        
                                         Direct     Direct  Indirect  Direct   Indirect    
                                                                                          
Ordinary      6,710,692      6,710,692                      6,748,957          16.04%      
Shares                                                                                    
GB0003295010                                                                              
                                                                                          
                                                                                          
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      Expiration  Exercise/    Number of voting      % of voting      
financial     price         date        Conversion   rights instrument     rights           
instrument                              period       refers to                              
                                                                           Nominal  Delta      
                                                                                          
                                                                                          
Total (A+B+C)                                                                             
                                                                                          
Number of voting rights                 Percentage of voting rights                 
                                                                                          
6,748,957                               16.04%                                      


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