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 17 October 2011 was 596.40p including estimated     
current period revenue and 579.60p excluding current period revenue.           
                                                                               
This is based on 42,400,748 Ordinary Shares, being the number of shares in     
issue and circulation.                                                         
                                                                               
18 October 2011