Issue of Equity

European Assets Trust NV
03 January 2007


European Assets Trust NV


To:                Company Announcements
From:              European Assets Trust NV
Date:              3 January 2007


ISSUE OF EQUITY


On 2 January 2007, European Assets Trust NV sold 225,000 of its Ordinary Shares
held in treasury at a price of £9.79 per share, which equates to a discount to
the estimated net asset value at the time of transaction of 1.9%.  Following
this transaction, there are 16,758,475 shares in issue and there are 1,720,000
shares held in treasury since the implementation of the liquidity enhancement
policy.


Michael Campbell
For F&C Asset Management plc
Managers


Enquiries:  0131 465 1000




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