Top 10 Holdings

European Assets Trust NV
04 October 2005


Listing Rule 15

In accordance with paragraph 15.4.11(2) of the Listing Rules European Assets
Trust plc announces its top ten holdings, including all holdings with a value
greater than 5% of its gross assets, as at 30-Sep-05:


European Assets Trust
Top 10 Holdings

Company                                            % Total Assets

Neopost                                            4.6
Indra Sistemas                                     4.3
Logitech Inter(Regd)                               3.9
Fadesa Inmobiliaria                                3.8
Andritz                                            3.4
Boliden                                            3.3
Neochimiki Lv Lavren                               3.2
SBS Broadcasting                                   3.1
Voestalpine                                        3.0
Latecoere                                          3.0


For further information please contact:

Michael Campbell
F&C Asset Management plc
0131 465 1000


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