Net Asset Value(s)

The European Investment Trust plc                                  
                                                                   
Based on a bid price valuation, the unaudited net asset value per  
Ordinary Share of the Company as at 16 November 2011 was 590.91p   
including estimated current period revenue and 573.91p excluding   
current period revenue.                                            
                                                                   
This is based on 42,400,748 Ordinary Shares, being the number of   
shares in issue and circulation.                                   
                                                                   
17 November 2011