Issue of Equity

European Assets Trust NV
10 January 2007



European Assets Trust NV



To:                Company Announcements
From:              European Assets Trust NV
Date:              10 January 2007




ISSUE OF EQUITY

On 9 January 2007, European Assets Trust NV sold 175,000 of its Ordinary Shares
held in treasury at a price of £9.80 per share, which equates to a discount to
the estimated net asset value at the time of transaction of 1.6%.

The Company's issued ordinary share capital consists of 24,937,280 with voting
rights, of which 1,545,000 are held in Treasury since commencement of its
liquidity enhancement policy with 6,458,805 held in Treasury prior to this.

Therefore, the total number of shares with voting rights in European Assets
Trust NV is 16,933,475.

The above figure (16,933,475) 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 plc
under the FSA's Disclosure and Transparency Rules.


Michael Campbell
For F&C Asset Management plc
Managers



Enquiries:  0131 465 1000




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