Transaction in Own Shares

European Assets Trust NV
07 October 2005

TO:           RNS



DATE:         7 October 2005

SUBJECT:      European Assets Trust NV







TRANSACTION IN OWN SECURITIES



The Board of European Assets Trust NV announces that on 7 October 2005 the
Company purchased for treasury 1,650,000 ordinary shares of euro 0.46 at a price
of 694p each .



Following this purchase there are now 16,805,178 ordinary shares in issue.




For further information please contact:

Crispin Longden                                          0044 131 465 1000
(Investment Manager)

Michael Campbell                                         0044 131 465 1000
(Company Secretary)

Wilbert van Twuijver                                     0044 311 0201 3625
(FCA Management BV, Managing Director)


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