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 19 October 2012 was 628.94p including estimated             
current period revenue and 613.05p excluding current period revenue.                   

                                                                                 
This is based on 42,069,371 Ordinary Shares, being the number of shares in             
issue and circulation.                                                                 
                                                                                       
22 October 2012