Top Ten Holdings

European Assets Trust NV
03 April 2007



To:          RNS
From:        European Assets Trust plc
Date:        03-Apr-07

Listing Rule 15

In accordance with paragraph 15.4.11(2) of the Listing Rules European Assets
Trust plc announces its top ten holdings, including all holdings with a value
greater than 5% of its gross assets, as at 30-Mar-07:


European Assets Trust

Top 10 Holdings

Company                                            % Total Assets

Andritz                                            4.4
Anglo Irish Bank                                   4.2
Nexity                                             4.2
Topdanmark                                         3.9
Kingspan Group                                     3.4
Logitech Intl (Regd)                               3.3
Piaggio & C                                        3.2
Digital Multimedia                                 3.2
MTU Aero Engines                                   3.2
Trevi Finanziaria                                  3.2

For further information please contact:

Michael Campbell
F&C Asset Management plc
0131 718 1000




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