Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                          
                                                                                              
                                                                                        
1. Identity of the issuer or the underlying issuer                                        
of existing shares to which voting rights are                                       
attached:                                                                      The European Investment Trust plc        
                                                                                        
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)                                                  N/A          
 (if different from 3.):                                                                
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                               5th November 2013   
reached:                                                                                
                                                                                        
6. Date on which issuer notified:                                               6th November 2013   
                                                                                        
7. Threshold(s) that is/are crossed or                                               
reached:                                                                        From 9% to 10%           
                                                                                        

8. Notified details:                                                                               
                                                                                                   
A: Voting rights attached to shares                                                                
                                                                                                   
Class/type     Situation previous            Resulting situation after the triggering transaction    
of             to the triggering                                                                     
shares         transaction                                                                           
                                                                                                   
if possible    Number           Number       Number     Number of voting       % of  voting rights     
using          of               of           of         rights                                         
the ISIN       Shares           Voting       shares                                                  
Code                            Rights                                                               
                                             Direct     Direct  Indirect       Direct   Indirect       
                                                                                                   
Ordinary                                                                                           
Shares                                                                                             
GB0003295010   4,178,687        4,178,687                       4,274,439               10.16%         
                                                                                                                
                                                                                                   
                                                                                                     
B: Qualifying Financial Instruments                                                                
                                                                                                   
Resulting situation after the triggering transaction                                               
                                                                                                   
Type of        Expiration          Exercise/             Number of voting             % of voting     
financial      date                Conversion Period     rights that may be           rights          
instrument                                               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 price   Expiration  Exercise/    Number of voting rights  % of voting rights    
financial                      date        Conversion   instrument refers to                           
instrument                                 period                                                    
                                                                                                   
                                                                                                   
                                                                                 Nominal     Delta         
                                                                                                   
                                                                                                    
Total (A+B+C)                                                                                      
                                                                                                   
Number of voting rights                           Percentage of voting rights                      
                                                                                                   
4,274,439                                         10.16%                                           
                                                                                                   

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