Issue of Equity

European Assets Trust NV
20 December 2006

European Assets Trust NV



To:         Company Announcements

From:       European Assets Trust NV

Date:       20 December 2006







ISSUE OF EQUITY



On 19 December 2006, European Assets Trust NV sold 65,000 of its Ordinary Shares
held in treasury at a price of £9.57 per share, which equates to a discount to
the estimated net asset value at the time of transaction of 2.2%.  Following
this transaction, there are 16,433,475 shares in issue and there are 2,045,000
shares held in treasury since the implementation of the liquidity enhancement
policy.





Michael Campbell
For F&C Asset Management plc
Managers



Enquiries:  0131 465 1000




                      This information is provided by RNS
            The company news service from the London Stock Exchange