Portfolio Holdings as at 30 November 2016

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 30 NOVEMBER 2016

				% of
Rank	Company	Sector	Country	Net Assets
1	PostNL	Industrials	Netherlands	5.6
2	BNP Paribas	Financials	France	4.1
3	Royal Dutch Shell A	Oil & Gas	Netherlands	4.0
4	Stora Enso	Basic Materials	Finland	3.7
5	Total	Oil & Gas	France	3.7
6	Sanofi	Health Care	France	3.5
7	Roche*	Health Care	Switzerland	3.3
8	ENI	Oil & Gas	Italy	3.2
9	DNB	Financials	Norway	3.1
10	Bayer	Basic Materials	Germany	3.1
11	Adecco	Industrials	Switzerland	3.0
12	Ubisoft Entertainment	Consumer Goods	France	3.0
13	Novartis	Health Care	Switzerland	2.9
14	Ryanair	Consumer Services	Ireland	2.9
15	BBVA	Financials	Spain	2.9
16	SKF	Industrials	Sweden	2.8
17	ING	Financials	Netherlands	2.7
18	Delta Lloyd	Financials	Netherlands	2.7
19	Airbus	Industrials	France	2.7
20	Michelin	Consumer Goods	France	2.6
21	Nokia	Technology	Finland	2.4
22	DIA	Consumer Services	Spain	2.4
23	Siemens	Industrials	Germany	2.4
24	Outotec	Industrials	Finland	2.4
25	Leoni	Industrials	Germany	2.3
26	Telefonica	Telecommunications	Spain	2.3
27	Rocket Internet	Financials	Germany	2.3
28	Telecom Italia	Telecommunications	Italy	2.3
29	E.ON	Utilities	Germany	2.3
30	Commerzbank	Financials	Germany	2.2
31	Danske Bank	Financials	Denmark	2.1
32	BB Biotech	Health Care	Switzerland	2.1
33	Petroleum Geo-Services	Oil & Gas	Norway	2.1
34	Prysmian	Industrials	Italy	2.0
35	TDC	Telecommunications	Denmark	1.9
36	Ipsos	Consumer Services	France	1.8
37	Piaggio	Consumer Goods	Italy	1.4
	Total equity investments			102.2
	Cash and other net liabilities			(2.2)
	Net assets			100.0
	* The investment is in non-voting shares

GEOGRAPHICAL DISTRIBUTION

30 November 2016	% of Net Assets
France	21.4
Netherlands	15.0
Germany	14.6
Switzerland	11.3
Italy	8.9
Finland	8.5
Spain	7.6
Norway	5.2
Denmark	4.0
Ireland	2.9
Sweden	2.8
Cash and other net liabilities	(2.2)
	100.0

SECTOR DISTRIBUTION

30 November 2016	% of Net Assets
Industrials	23.2
Financials	22.1
Oil & Gas	13.0
Health Care	11.8
Consumer Services	7.1
Consumer Goods	7.0
Basic Materials	6.8
Telecommunications	6.5
Technology	2.4
Utilities	2.3
Cash and other net liabilities	(2.2)
	100.0

As at 30 November 2016, the net assets of the Company were £362,979,000.

14 December 2016

Enquiries:

Kenneth Greig
Edinburgh Partners AIFM Limited
Tel: [phone]

The Company’s registered office address is:

Beaufort House
51 New North Road
Exeter
EX4 4EP