Change of Name

COMPANY ANNOUNCEMENT                              

For Immediate Release 1 February 2010

               The European Investment Trust plc (the "Company")               

                  (formerly Foreign & Colonial Eurotrust PLC)                  

                Re: Change of investment manager, company name,                

           company secretary, registered office, website and ticker            

The Directors of the Company are pleased to announce that Edinburgh Partners
Limited ("Edinburgh Partners") has been appointed as the investment manager of
the Company with effect from 1 February 2010. There will be no change to the
Company's investment objective and policy.

Edinburgh Partners is an independent fund manager with approximately £6.7bn*
 under management, of which £213m* is in the Edinburgh Partners European
Opportunities Fund, a fund with a similar investment mandate to that of the
Company and an excellent record of performance since its launch in 2004.
Edinburgh Partners is the manager of two other investment trusts, EP Global
Opportunities Trust plc and Anglo & Overseas Plc.  Edinburgh Partners'
investment team is led by Dr Sandy Nairn, and Dale Robertson will be the
Company's portfolio manager.

The Company's name has changed from Foreign & Colonial Eurotrust PLC to The
European Investment Trust plc with effect from 1 February 2010 and Kenneth
Greig has been appointed as the Company Secretary.

The registered office of the Company is being changed to Beaufort House, 51 New
North Road, Exeter EX4 4EP. The Company's website is now 
www.theeuropeaninvestmenttrust.com and the Company's ticker on the London Stock
Exchange and the New Zealand Stock Exchange is changing from FCU to EUT.

(* as at end of December 2009)

Enquiries:                                                                   
                                                                             
Edinburgh Partners Limited              Contact: Dr. Sandy Nairn or Kenneth   
                                        Greig                                
                                                                             
                                        Phone: [phone]            
                                                                             
The European Investment Trust plc       Contact: Douglas McDougall (Chairman)
                                                                             
                                        Phone: [phone]            

END OF ANNOUNCEMENT