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TR European Growth (TRG)

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Tuesday 04 July, 2006

TR European Growth

Portfolio Update

TR European Growth Trust PLC
04 July 2006

TR EUROPEAN GROWTH TRUST PLC

HENDERSON GLOBAL INVESTORS

4 JULY 2006



                          TR EUROPEAN GROWTH TRUST PLC

                            Listing Rule 15.4.11 (2)


In accordance with paragraph 15.4.11 (2) of the Listing Rules, TR European
Growth Trust PLC announces its ten largest investments as at 30 June 2006. There
are no holdings with a value greater than 5% of gross assets.


Company
Pfleiderer
Azimut
Lundin Mining
Seadrill
OMV
Rhodia
Thielert
Heijmans
BrainLAB
Sjaelso Gruppen




                                    - ENDS -



For further information, please call:

Stephen Peak
TR European Growth Trust PLC
Telephone: 020 7818 4334


James de Sausmarez
Head of Investment Trusts
Henderson Global Investors
Telephone: 020 7818 3349








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