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 23 March 2012 was 617.06p                  
including estimated current period revenue and 616.70p excluding               
current period revenue.                                                        
                                                                               
This is based on 42,069,371 Ordinary Shares, being the number of               
shares in issue and circulation.                                               
                                                                               
26 March 2012