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 30 July 2012 was 582.52p including estimated current
period revenue and 568.16p excluding current period revenue.                   
                                                                               
This is based on 42,069,371 Ordinary Shares, being the number of shares in     
issue and circulation.                                                         
                                                                               
31 July 2012