Portfolio Holdings as at 29 March 2018

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 29 MARCH 2018

				% of
Rank	Company	Sector	Country	Net Assets
1	Roche *	Health Care	Switzerland		3.5
2	PostNL	Industrials	Netherlands		3.3
3	ENI	Oil & Gas	Italy		3.2
4	Total	Oil & Gas	France		3.2
5	Telefonica	Telecommunications	Spain		3.1
6	ING	Financials	Netherlands		3.0
7	Novartis	Health Care	Switzerland		2.9
8	Bayer	Health Care	Germany		2.9
9	BBVA	Financials	Spain		2.9
10	Royal Dutch Shell **	Oil & Gas	Netherlands		2.9
11	Nokia	Technology	Finland		2.7
12	Sanofi	Health Care	France		2.7
13	Leoni	Industrials	Germany		2.7
14	Commerzbank	Financials	Germany		2.6
15	Ahold Delhaize	Consumer Services	Netherlands		2.6
16	Petroleum Geo-Services	Oil & Gas	Norway		2.6
17	BB Biotech	Health Care	Switzerland		2.5
18	Michelin	Consumer Goods	France		2.5
19	Ipsos	Consumer Services	France		2.5
20	Rocket Internet	Financials	Germany		2.5
21	BNP Paribas	Financials	France		2.5
22	Ryanair	Consumer Services	Ireland		2.5
23	DNB	Financials	Norway		2.4
24	E.ON	Utilities	Germany		2.4
25	Ontex	Consumer Goods	Belgium		2.4
26	Nordea Bank	Financials	Sweden		2.4
27	Ubisoft Entertainment	Consumer Goods	France		2.4
28	Deutsche Post	Industrials	Germany		2.3
29	TDC	Telecommunications	Denmark		2.3
30	Siemens	Industrials	Germany		2.3
31	Airbus	Industrials	France		2.2
32	Mediobanca	Financials	Italy		2.2
33	Glanbia	Consumer Goods	Ireland		2.2
34	Cyfrowy Polsat	Consumer Services	Poland		2.1
35	Danske Bank	Financials	Denmark		2.1
36	Adecco	Industrials	Switzerland		2.1
37	Orange	Telecommunications	France		2.0
38	Outotec	Industrials	Finland		1.8
39	DIA	Consumer Services	Spain		1.7
40	Telecom Italia	Telecommunications	Italy		0.9
	Total equity investments			100.0
	Cash and other net assets			0.0
	Net assets			100.0
	* The investment is in non-voting shares ** The investment is in A Shares

GEOGRAPHICAL DISTRIBUTION

29 March 2018	% of Net Assets
France	20.0
Germany	17.7
Netherlands	11.8
Switzerland	11.0
Spain	7.7
Italy	6.3
Norway	5.0
Ireland	4.7
Finland	4.5
Denmark	4.4
Belgium	2.4
Sweden	2.4
Poland	2.1
Cash and other net assets	0.0
	100.0

SECTOR DISTRIBUTION

29 March 2018	% of Net Assets
Financials	22.6
Industrials	16.7
Health Care	14.5
Oil & Gas	11.9
Consumer Services	11.4
Consumer Goods	9.5
Telecommunications	8.3
Technology	2.7
Utilities	2.4
Cash and other net assets	0.0
	100.0

As at 29 March 2018, the net assets of the Company were £415,797,000.

16 April 2018

Legal Entity Identifier: 213800QNN9EHZ4SC1R12

ENQUIRIES:

Kenneth Greig
Edinburgh Partners AIFM Limited
Tel: [phone]

The Company’s registered office address is:

Beaufort House
51 New North Road
Exeter
EX4 4EP