Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                                                    
                                                                                                                  
1. Identity of the issuer or the underlying issuer                               The European Investment Trust plc
of existing shares to which voting rights are                                                                     
attached:                                                                                                         
                                                                                                                  
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                                            Wells Capital Management, Inc.
notification obligation:                                                                                          
                                                                                                                  
4. Full name of shareholder(s)                                                                                    
 (if different from 3.):                                                                                          
                                                                                                                  
5. Date of the transaction and date on                                                                May 20, 2015
which the threshold is crossed or                                                                                 
reached:                                                                                                          
                                                                                                                  
6. Date on which issuer notified:                                                                     June 9, 2015
                                                                                                                  
7. Threshold(s) that is/are crossed or                                                                         10%
reached:                                                                                                          
                                                                                                                  
8. Notified details:                                                                                              
                                                                                                                  
A: Voting rights attached to shares                                                                               
                                                                                                                  
Class/type of     Situation previous            Resulting situation after the triggering                          
shares            to the triggering             transaction                                                       
                  transaction                                                                                     
if possible using                                                                                                 
the ISIN CODE     Number         Number         Number            Number of voting   % of  voting                 
                  of             of             of shares         rights             rights                       
                  Shares         Voting                                                                           
                                 Rights         Direct            Direct   Indirect  Direct  Indirect             
                                                                                                                  
GB0003295010      4,058,501      4,058,501      4,274,301                  4,274,301         10.16%               
                                                                                                                  
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    Expiration    Exercise/        Number of voting         % of voting                  
financial        price       date          Conversion       rights instrument        rights                       
instrument                                 period           refers to                                             
                                                                                                                  
                                                                                     Nominal             Delta    
                                                                                                                  
Total (A+B+C)                                                                                                     
                                                                                                                  
Number of voting rights                                Percentage of voting rights                                
                                                                                                                  
4,274,301                                              10.16%                                                     
                                                                                                                  
9. Chain of controlled undertakings through which the voting rights and/or the                                    
financial instruments are effectively held, if applicable:                                                        
                                                                                                                  
Proxy Voting:                                                                                                     
                                                                                                                  
10. Name of the proxy holder:                                                       Wells Capital Management, Inc.
                                                                                                                  
11. Number of voting rights proxy holder acquired                                                          215,800
to hold:                                                                                                          
                                                                                                                  
12. Date on which proxy holder acquired to hold                                                       May 20, 2015
voting rights:                                                                                                    
                                                                                                                  
13. Additional information:                                                                                       
                                                                                                                  
14. Contact name:                                                                                       Kevin Pham
                                                                                                                  
15. Contact telephone number:                                                                       1-415-222-1728