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)                                                 
 (if different from 3.):                                                          N/A            
                                                                                  
5. Date of the transaction and date on                                            
which the threshold is crossed or reached:                                        11th February 2015  

6. Date on which issuer notified:                                                 12th February 2015  
                                                                                  
7. Threshold(s) that is/are crossed or reached:                                   From 14% to 15%   

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 shares     rights                                    
the ISIN       Shares          Voting                                                                  
CODE                           Rights                                                                  
                                           Direct        Direct   Indirect     Direct    Indirect    

Ordinary       6,306,658       6,306,658                          6,313,158              15.01%
Shares                                                                                               
GB0003295010        


B: Qualifying Financial Instruments                                                                  

Resulting situation after the triggering transaction                                                 

Type of financial   Expiration      Exercise/               Number of voting           % of voting   
instrument          date            Conversion Period       rights that may be         rights        
                                                            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       % of voting rights 
financial                     date          Conversion      rights instrument                         
instrument                                  period          refers to                                 
                                                                                   Nominal   Delta      


Total (A+B+C)                                                                                        
                                                                                                     
Number of voting rights                     Percentage of voting rights                       
                                                                                                     
6,313,158                                   15.01%                                            


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