Portfolio Holdings as at 30 June 2018

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 30 JUNE 2018

				% of
Rank	Company	Sector	Country	Net Assets
1	ENI	Oil & Gas	Italy		3.6
2	Total	Oil & Gas	France		3.6
3	Roche *	Health Care	Switzerland		3.5
4	PostNL	Industrials	Netherlands		3.5
5	Royal Dutch Shell **	Oil & Gas	Netherlands		3.3
6	Telefonica	Telecommunications	Spain		3.0
7	Nokia	Technology	Finland		3.0
8	Bayer	Health Care	Germany		3.0
9	ING	Financials	Netherlands		2.9
10	Novartis	Health Care	Switzerland		2.9
11	Sanofi	Health Care	France		2.8
12	Glanbia	Consumer Goods	Ireland		2.8
13	Ahold Delhaize	Consumer Services	Netherlands		2.8
14	Rocket Internet	Financials	Germany		2.7
15	BBVA	Financials	Spain		2.7
16	ISS	Industrials	Denmark		2.7
17	Ryanair	Consumer Services	Ireland		2.7
18	DNB	Financials	Norway		2.6
19	Nordea Bank	Financials	Sweden		2.5
20	Petroleum Geo-Services	Oil & Gas	Norway		2.5
21	Siemens	Industrials	Germany		2.5
22	Danske Bank	Financials	Denmark		2.4
23	E.ON	Utilities	Germany		2.4
24	Getinge	Health Care	Sweden		2.4
25	Deutsche Post	Industrials	Germany		2.3
26	Ipsos	Consumer Services	France		2.2
27	Airbus	Industrials	France		2.2
28	Leoni	Industrials	Germany		2.2
29	Adecco	Industrials	Switzerland		2.2
30	BNP Paribas	Financials	France		2.2
31	Michelin	Consumer Goods	France		2.2
32	Ontex	Consumer Goods	Belgium		2.1
33	Orange	Telecommunications	France		2.1
34	BB Biotech	Health Care	Switzerland		2.1
35	Commerzbank	Financials	Germany		2.0
36	Cyfrowy Polsat	Consumer Services	Poland		1.9
37	Mediobanca	Financials	Italy		1.8
38	Outotec	Industrials	Finland		1.7
39	DIA	Consumer Services	Spain		1.3
	Total equity investments			99.3
	Cash and other net assets			0.7
	Net assets			100.0
	* The investment is in non-voting shares ** The investment is in A shares

GEOGRAPHICAL DISTRIBUTION

30 June 2018	% of Net Assets
France	17.3
Germany	17.1
Netherlands	12.5
Switzerland	10.7
Spain	7.0
Ireland	5.5
Italy	5.4
Denmark	5.1
Norway	5.1
Sweden	4.9
Finland	4.7
Belgium	2.1
Poland	1.9
Cash and other net assets	0.7
	100.0

SECTOR DISTRIBUTION

30 June 2018	% of Net Assets
Financials	21.8
Industrials	19.3
Health Care	16.7
Oil & Gas	13.0
Consumer Services	10.9
Consumer Goods	7.1
Telecommunications	5.1
Technology	3.0
Utilities	2.4
Cash and other net assets	0.7
	100.0

As at 30 June 2018, the net assets of the Company were £421,647,000.

16 July 2018

Legal Entity Identifier: 213800QNN9EHZ4SC1R12

Enquiries:

Kenneth Greig
Edinburgh Partners AIFM Limited
Tel: [phone]

The Company’s registered office address is:

Beaufort House
51 New North Road
Exeter
EX4 4EP