Portfolio Holdings as at 31 March 2015

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 31 MARCH 2015

                                                                       % of Net
Rank      Company                 Sector              Country            Assets
                                                                               
   1      Volkswagen *            Consumer Goods      Germany               3.4
                                                                               
   2      Ryanair                 Consumer Services   Ireland               3.4
                                                                               
   3      PostNL                  Industrials         Netherlands           3.3
                                                                               
   4      Telecom Italia          Telecommunications  Italy                 3.3
                                                                               
   5      Novartis                Health Care         Switzerland           3.3
                                                                               
   6      GAM                     Financials          Switzerland           3.2
                                                                               
   7      Fresenius Medical Care  Health Care         Germany               3.0
                                                                               
   8      Roche *                 Health Care         Switzerland           3.0
                                                                               
   9      Prysmian                Industrials         Italy                 3.0
                                                                               
  10      BNP Paribas             Financials          France                2.9
                                                                               
  11      United Internet         Technology          Germany               2.8
                                                                               
  12      Sanofi                  Health Care         France                2.8
                                                                               
  13      Unipol Gruppo           Financials          Italy                 2.8
          Finanziario                                                          
                                                                               
  14      Gerresheimer            Health Care         Germany               2.7
                                                                               
  15      DNB                     Financials          Norway                2.6
                                                                               
  16      Valeo                   Consumer Goods      France                2.5
                                                                               
  17      Hexagon                 Industrials         Sweden                2.5
                                                                               
  18      Bayer                   Basic Materials     Germany               2.5
                                                                               
  19      Royal Dutch Shell **    Oil & Gas           Netherlands           2.5
                                                                               
  20      Heineken                Consumer Goods      Netherlands           2.5
                                                                                
  21      KPN                     Telecommunications  Netherlands           2.4
                                                                               
  22      Leoni                   Industrials         Germany               2.4
                                                                               
  23      Pirelli                 Consumer Goods      Italy                 2.4
                                                                               
  24      ENI                     Oil & Gas           Italy                 2.3
                                                                               
  25      SAP                     Technology          Germany               2.3
                                                                               
  26      Delta Lloyd             Financials          Netherlands           2.3
                                                                               
  27      BBVA                    Financials          Spain                 2.3
                                                                               
  28      TDC                     Telecommunications  Denmark               2.2
                                                                               
  29      Outotec                 Industrials         Finland               2.2
                                                                               
  30      ABB                     Industrials         Switzerland           2.2
                                                                               
  31      Swedbank                Financials          Sweden                2.0
                                                                               
  32      Petroleum Geo-Services  Oil & Gas           Norway                2.0
                                                                               
  33      Piaggio                 Consumer Goods      Italy                 1.9
                                                                               
  34      Ipsos                   Consumer Services   France                1.8
                                                                               
  35      Orange                  Telecommunications  France                1.7
                                                                               
  36      Total                   Oil & Gas           France                1.7
                                                                               
  37      Rocket Internet         Financials          Germany               1.7
                                                                               
  38      Aryzta                  Consumer Goods      Switzerland           1.6
                                                                               
  39      BB Biotech              Health Care         Switzerland           0.5
                                                                               
          Total equity investments                                         95.9
                                                                               
          Cash and net assets                                               4.1
                                                                               
                                                                          100.0

* The investment is in non-voting shares
** The investment is in Class A ordinary shares


GEOGRAPHICAL DISTRIBUTION

31 March 2015                 % of Net Assets
                                             
Germany                                  20.8
                                             
Italy                                    15.7
                                             
Switzerland                              13.8
                                             
France                                   13.4
                                             
Netherlands                              13.0
                                             
Norway                                    4.6
                                             
Sweden                                    4.5
                                             
Ireland                                   3.4
                                             
Spain                                     2.3
                                             
Denmark                                   2.2
                                             
Finland                                   2.2
                                             
Cash and other net assets                 4.1
                                             
                                        100.0

SECTOR DISTRIBUTION

31 March 2015                 % of Net Assets
                                             
Financials                               19.8
                                             
Industrials                              15.6
                                             
Health Care                              15.3
                                             
Consumer Goods                           14.3
                                             
Telecommunications                        9.6
                                             
Oil & Gas                                 8.5
                                             
Consumer Services                         5.2
                                             
Technology                                5.1
                                             
Basic Materials                           2.5
                                             
Cash and other net assets                 4.1
                                             
                                        100.0

As at 31 March 2015, the net assets of the Company were £366,099,000.

14 April 2015


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