Issue of Equity

European Assets Trust NV
31 January 2007


European Assets Trust NV


To:          Company Announcements

From:        European Assets Trust NV

Date:        31 January 2007


ISSUE OF EQUITY


On 30 January 2007, European Assets Trust NV sold 150,000 of its Ordinary Shares
held in treasury at a price of £9.73 per share, which equates to a discount to
the estimated net asset value at the time of transaction of 1.1%.


The Company's issued ordinary share capital consists of 24,937,280 with voting
rights, of which 1,245,000 are held in Treasury since commencement of its
liquidity enhancement policy with 6,458,805 held in Treasury prior to this.


Therefore, the total number of shares with voting rights in European Assets
Trust NV is 17,233,475.


The above figure (17,233,475) may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, European Assets Trust plc
under the FSA's Disclosure and Transparency Rules.


Michael Campbell

For F&C Asset Management plc

Managers

Enquiries:  0131 718 1000




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