Net Asset Value(s)

European Assets Trust NV
28 October 2005


NAV's as at close of business on 27/10/05

F & C Asset Management plc Investment Trusts announces the unaudited Net Asset
Value for the following Investment Trust.

                                                               (Pence per share)


European Assets Trust                                                     702.29



Note: NAV is diluted, where appropriate.





                      This information is provided by RNS
            The company news service from the London Stock Exchange