Dividend Declaration-Amendmnt

EUROPEAN ASSETS TRUST NV
30 July 1999

ISSUER'S AMENDMENT


INTERIM DIVIDEND - EURO 0.0363 PER SHARE

The Company today announced the payment of an interim dividend of Euro 0.0363.
This was incorrectly stated in the narrative of the press release as Euro 0.363.
The dates relating to this are: -

          Ex date              9 August 1999
          Record date         13 August 1999
          Pay date            31 August 1999

Friends Ivory & Sime, Investment Advisers         0131 465 1000