Month End Portfolio Info

European Assets Trust NV
17 November 2005

European Assets Trust NV

ALL DATA AS AT 31st October 2005

THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEBSITE, http://
www.fandc.com/ AND THE ZEROCHARGETM WEBSITE, http://www.zerocharge.co.uk/ FROM
APPROXIMATELY 18th November 2005.



Top ten equity holdings                                          %


1          Neopost                                             4.4

2          Indra Sistemas                                      4.1

3          Boliden                                             3.9

4          Logitech                                            3.8

5          Fadesa Inmobiliaria                                 3.7

6          Andritz                                             3.6

7          SBS Broadcasting                                    3.5

8          Neochimiki Lavrentiadis                             3.4

9          Anglo Irish Bank                                    3.3

10        Actelion                                             3.2



            Total                                             36.9



Country breakdown                                                 %



1          France                                             17.9

2          Spain                                              15.2

3          Switzerland                                        12.3

4          Ireland                                            11.6

5          Italy                                               9.6

6          Cash                                                6.8

7          Austria                                             5.9

8          Germany                                             5.0

9          Sweden                                              3.9

10         Luxembourg                                          3.5

11         Greece                                              3.4

12         Other                                               4.9



            Total                                            100.0






Actual gearing: 101.1
Potential gearing: 108.5














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