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 26 July 2012 was 569.05p including estimated current
period revenue and 554.78p excluding current period revenue.                   
                                                                               
This is based on 42,069,371 Ordinary Shares, being the number of shares in     
issue and circulation.                                                         
                                                                               
27 July 2012