Portfolio Holdings as at 30 September 2016

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 30 SEPTEMBER 2016

				% of
Rank	Company	Sector	Country	Net Assets
1	PostNL	Industrials	Netherlands	5.1
2	Royal Dutch Shell A	Oil & Gas	Netherlands	3.9
3	Roche*	Health Care	Switzerland	3.7
4	Total	Oil & Gas	France	3.6
5	BNP Paribas	Financials	France	3.6
6	Stora Enso	Basic Materials	Finland	3.4
7	Bayer	Basic Materials	Germany	3.3
8	Novartis	Health Care	Switzerland	3.3
9	Sanofi	Health Care	France	3.3
10	ENI	Oil & Gas	Italy	3.3
11	DIA	Consumer Services	Spain	3.3
12	Ubisoft Entertainment	Consumer Goods	France	3.2
13	Nokia	Technology	Finland	3.2
14	Leoni	Industrials	Germany	3.1
15	Adecco	Industrials	Switzerland	2.8
16	DNB	Financials	Norway	2.8
17	BBVA	Financials	Spain	2.7
18	Michelin	Consumer Goods	France	2.7
19	SKF	Industrials	Sweden	2.7
20	Ryanair	Consumer Services	Ireland	2.7
21	Rocket Internet	Financials	Germany	2.6
22	Airbus	Industrials	France	2.5
23	Ipsos	Consumer Services	France	2.5
24	Telecom Italia	Telecommunications	Italy	2.5
25	Siemens	Industrials	Germany	2.5
26	E.ON	Utilities	Germany	2.4
27	Telefonica	Telecommunications	Spain	2.4
28	Prysmian	Industrials	Italy	2.2
29	Delta Lloyd	Financials	Netherlands	2.2
30	Outotec	Industrials	Finland	2.1
31	TDC	Telecommunications	Denmark	2.1
32	Danske Bank	Financials	Denmark	2.1
33	Commerzbank	Financials	Germany	2.0
34	Swedbank A	Financials	Sweden	2.0
35	Piaggio	Consumer Goods	Italy	1.6
36	Unipol	Financials	Italy	1.6
37	Petroleum Geo-Services	Oil & Gas	Norway	1.6
38	Uniper	Utilities	Germany	0.4
	Total equity investments			103.0
	Cash and other net liabilities			(3.0)
	Net assets			100.0
	* The investment is in non-voting shares

GEOGRAPHICAL DISTRIBUTION

30 September 2016	% of Net Assets
France	21.4
Germany	16.3
Italy	11.2
Netherlands	11.2
Switzerland	9.8
Finland	8.7
Spain	8.4
Sweden	4.7
Norway	4.4
Denmark	4.2
Ireland	2.7
Cash and other net liabilities	(3.0)
	100.0

SECTOR DISTRIBUTION

30 September 2016	% of Net Assets
Industrials	23.0
Financials	21.6
Oil & Gas	12.4
Health Care	10.3
Consumer Services	8.5
Consumer Goods	7.5
Telecommunications	7.0
Basic Materials	6.7
Technology	3.2
Utilities	2.8
Cash and other net liabilities	(3.0)
	100.0

As at 30 September 2016, the net assets of the Company were £350,667,000.

14 October 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