Portfolio Holdings as at 30 April 2017

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 30 APRIL 2017

				% of
Rank	Company	Sector	Country	Net Assets
1	PostNL	Industrials	Netherlands		4.8
2	BNP Paribas	Financials	France		3.6
3	Sanofi	Health Care	France		3.5
4	Bayer	Basic Materials	Germany		3.5
5	Novartis	Health Care	Switzerland		3.4
6	Roche*	Health Care	Switzerland		3.3
7	BBVA	Financials	Spain		3.2
8	Telefonica	Telecommunications	Spain		3.2
9	Total	Oil & Gas	France		3.2
10	Royal Dutch Shell**	Oil & Gas	Netherlands		3.0
11	Ubisoft Entertainment	Consumer Goods	France		3.0
12	Ryanair	Consumer Services	Ireland		2.9
13	Airbus	Industrials	France		2.9
14	Outotec	Industrials	Finland		2.8
15	ENI	Oil & Gas	Italy		2.8
16	ING	Financials	Netherlands		2.8
17	Nokia	Technology	Finland		2.8
18	BB Biotech	Health Care	Switzerland		2.7
19	DIA	Consumer Services	Spain		2.7
20	Commerzbank	Financials	Germany		2.6
21	Leoni	Industrials	Germany		2.5
22	DNB	Financials	Norway		2.5
23	Michelin	Consumer Goods	France		2.4
24	Adecco	Industrials	Switzerland		2.4
25	Ahold Delhaize	Consumer Services	Netherlands		2.3
26	Danske Bank	Financials	Denmark		2.3
27	E.ON	Utilities	Germany		2.3
28	Telecom Italia	Telecommunications	Italy		2.3
29	Petroleum Geo-Services	Oil & Gas	Norway		2.1
30	Gemalto	Technology	Netherlands		2.1
31	SKF	Industrials	Sweden		2.1
32	Siemens	Industrials	Germany		2.0
33	Stora Enso	Basic Materials	Finland		1.9
34	Rocket Internet	Financials	Germany		1.9
35	Ipsos	Consumer Services	France		1.7
36	TDC	Telecommunications	Denmark		1.7
37	Piaggio	Consumer Goods	Italy		1.5
	Total equity investments			98.7
	Cash and other net assets			1.3
	Net assets			100.0
	* The investment is in non-voting shares ** The investment is in A shares

GEOGRAPHICAL DISTRIBUTION

30 April 2017	% of Net Assets
France	20.3
Netherlands	15.0
Germany	14.8
Switzerland	11.8
Spain	9.1
Finland	7.5
Italy	6.6
Norway	4.6
Denmark	4.0
Ireland	2.9
Sweden	2.1
Cash and other net assets	1.3
	100.0

SECTOR DISTRIBUTION

30 April 2017	% of Net Assets
Industrials	19.5
Financials	18.9
Health Care	12.9
Oil & Gas	11.1
Consumer Services	9.6
Telecommunications	7.2
Consumer Goods	6.9
Basic Materials	5.4
Technology	4.9
Utilities	2.3
Cash and other net assets	1.3
	100.0

As at 30 April 2017, the net assets of the Company were £409,337,000.

15 May 2017

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