Portfolio Holdings as at 30 April 2018

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 30 APRIL 2018

				% of
Rank	Company	Sector	Country	Net Assets
1	ENI	Oil & Gas	Italy		3.5
2	Total	Oil & Gas	France		3.4
3	PostNL	Industrials	Netherlands		3.3
4	Roche *	Health Care	Switzerland		3.3
5	Royal Dutch Shell **	Oil & Gas	Netherlands		3.1
6	Telefonica	Telecommunications	Spain		3.1
7	Bayer	Health Care	Germany		3.0
8	Nokia	Technology	Finland		2.9
9	ING	Financials	Netherlands		2.9
10	BBVA	Financials	Spain		2.9
11	Petroleum Geo-Services	Oil & Gas	Norway		2.8
12	Novartis	Health Care	Switzerland		2.7
13	Sanofi	Health Care	France		2.6
14	Ahold Delhaize	Consumer Services	Netherlands		2.6
15	Leoni	Industrials	Germany		2.6
16	Commerzbank	Financials	Germany		2.6
17	BNP Paribas	Financials	France		2.5
18	Deutsche Post	Industrials	Germany		2.5
19	Nordea Bank	Financials	Sweden		2.5
20	BB Biotech	Health Care	Switzerland		2.4
21	Ipsos	Consumer Services	France		2.4
22	E.ON	Utilities	Germany		2.3
23	Michelin	Consumer Goods	France		2.3
24	Rocket Internet	Financials	Germany		2.3
25	DNB	Financials	Norway		2.3
26	Ryanair	Consumer Services	Ireland		2.3
27	Ontex	Consumer Goods	Belgium		2.2
28	TDC	Telecommunications	Denmark		2.2
29	Airbus	Industrials	France		2.2
30	Siemens	Industrials	Germany		2.2
31	Danske Bank	Financials	Denmark		2.2
32	Mediobanca	Financials	Italy		2.2
33	Orange	Telecommunications	France		2.1
34	Cyfrowy Polsat	Consumer Services	Poland		2.1
35	Glanbia	Consumer Goods	Ireland		2.1
36	ISS	Industrials	Denmark		2.0
37	Adecco	Industrials	Switzerland		1.9
38	DIA	Consumer Services	Spain		1.9
39	Outotec	Industrials	Finland		1.8
	Total equity investments			98.2
	Cash and other net assets			1.8
	Net assets			100.0
	* The investment is in non-voting shares ** The investment is in A Shares

GEOGRAPHICAL DISTRIBUTION

30 April 2018	% of Net Assets
France	17.5
Germany	17.5
Netherlands	11.9
Switzerland	10.3
Spain	7.9
Denmark	6.4
Italy	5.7
Norway	5.1
Finland	4.7
Ireland	4.4
Sweden	2.5
Belgium	2.2
Poland	2.1
Cash and other net assets	1.8
	100.0

SECTOR DISTRIBUTION

30 April 2018	% of Net Assets
Financials	22.4
Industrials	18.5
Health Care	14.0
Oil & Gas	12.8
Consumer Services	11.3
Telecommunications	7.4
Consumer Goods	6.6
Technology	2.9
Utilities	2.3
Cash and other net assets	1.8
	100.0

As at 30 April 2018, the net assets of the Company were £434,664,000.

15 May 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