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 20 September 2012 was 622.93p including estimated   
current period revenue and 608.09p excluding current period revenue.           
                                                                               
This is based on 42,069,371 Ordinary Shares, being the number of shares in     
issue and circulation.                                                         
                                                                               
21 September 2012