Issue of Equity

European Assets Trust NV
12 December 2006

European Assets Trust NV



To:             Company Announcements

From:           European Assets Trust NV

Date:           12 December 2006




ISSUE OF EQUITY


On 11 December 2006, European Assets Trust NV sold 75,000 of its Ordinary Shares
held in treasury at a price of £9.575 per share, which equates to a discount to
the estimated net asset value at the time of transaction of 2.5%.  Following
this transaction, there are 16,318,475 shares in issue and there are 2,160,000
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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