Transaction in Own Shares

European Assets Trust NV
07 February 2008

European Assets Trust NV



To:           Company Announcements
From:         European Assets Trust NV
Date:         7 February 2008



PURCHASE OF OWN SHARES


On 7 February 2008, European Assets Trust NV bought 40,000 of its Ordinary
Shares to be held in treasury at a price of £7.745 per share.


The Company has issued 7,257 of its Ordinary Shares held in treasury in respect
of the Company's Scrip dividend.


The Company's issued ordinary share capital consists of 24,937,280 with voting
rights, of which 1,850,000 are held in treasury since commencement of its
liquidity enhancement policy with 6,429,032 held in treasury prior to this.


Therefore, the total number of shares with voting rights in European Assets
Trust NV is 16,658,248.


The above figure (16,658,248) 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 NV
under the FSA's Disclosure and Transparency Rules.




Michael Campbell
For F&C Investment Business Limited
Managers




Enquiries:  0207 628 8000






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