Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                          
 

1. Identity of the issuer or the underlying issuer                                     The European          
of existing shares to which voting rights are                                          Investment Trust plc   
attached:                                                                               
                                                                                        
2. Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            X
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached          
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                                                
notification obligation:                                                              Investec Wealth &   
                                                                                      Investment Limited   
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):                                                              N/A  
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                                          
reached:                                                                              31st July 2014  
                                                                                        
6. Date on which issuer notified:                                                     1st August 2014    
                                                                                        
7. Threshold(s) that is/are crossed or                                                    
reached:                                                                              From 12% to 13%  
 
8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares                                                     
                                                                                        
Class/type of    Situation previous     Resulting situation after the triggering           
shares           to the triggering      transaction                                        
                 transaction                                                            
                                                                                        
if possible      Number      Number     Number      Number of voting    % of voting rights
using            of          of         of shares   rights                                 
the ISIN CODE    Shares      Voting                                                       
                             Rights     Direct      Direct  Indirect    Direct     Indirect    
Ordinary Shares                                                                         
GB0003295010     5,465,694   5,465,694                      5,473,654              13.01%      
                                                                            
 
B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of financial   Expiration  Exercise/           Number of voting        % of voting 
instrument          date        Conversion Period   rights that may be      rights      
                                                    acquired if the                     
                                                    instrument is                       
                                                    exercised/ converted.               
                                                                                        

C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments                                                                             
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of     Exercise  Expiration   Exercise/    Number of voting rights       % of voting  
financial   price     date         Conversion   instrument refers to          rights       
instrument                         period                                                 
                                                                                        
                                                                                        
                                                                              Nominal   Delta

Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                  Percentage of voting rights                    
                                                                                        
5,473,654                                13.01%                                         


9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable:                              
                                                                                        
Client holdings registered in the name of Nominee companies 100% owned by               
Investec Wealth & Investment Limited.                                                   

Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                   N/A        
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                        N/A         
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                  N/A         
                                                                                         
13. Additional information:                                                     N/A    
                                                            
14. Contact name:                                                               Phil Beardwell Chartered FCSI  
                                                                                Senior Compliance Manager  
                                                                                         
15. Contact telephone number:                                                   020 7597 1356