Portfolio Holdings as at 30 June 2017

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 30 JUNE 2017

				% of
Rank	Company	Sector	Country	Net Assets
1	PostNL	Industrials	Netherlands		4.3
2	Novartis	Health Care	Switzerland		3.5
3	Bayer	Basic Materials	Germany		3.5
4	BNP Paribas	Financials	France		3.5
5	Sanofi	Health Care	France		3.4
6	Ryanair	Consumer Services	Ireland		3.3
7	BBVA	Financials	Spain		3.2
8	Roche*	Health Care	Switzerland		3.1
9	Commerzbank	Financials	Germany		3.1
10	Royal Dutch Shell **	Oil & Gas	Netherlands		2.9
11	Total	Oil & Gas	France		2.9
12	Telefonica	Telecommunications	Spain		2.9
13	ING	Financials	Netherlands		2.8
14	Airbus	Industrials	France		2.8
15	Nokia	Technology	Finland		2.8
16	BB Biotech	Health Care	Switzerland		2.8
17	DIA	Consumer Services	Spain		2.7
18	Ubisoft Entertainment	Consumer Goods	France		2.6
19	E.ON	Utilities	Germany		2.6
20	ENI	Oil & Gas	Italy		2.6
21	DNB	Financials	Norway		2.6
22	Nordea Bank	Financials	Sweden		2.5
23	Adecco	Industrials	Switzerland		2.4
24	Michelin	Consumer Goods	France		2.4
25	Danske Bank	Financials	Denmark		2.3
26	Leoni	Industrials	Germany		2.3
27	Telecom Italia	Telecommunications	Italy		2.3
28	Gemalto	Technology	Netherlands		2.2
29	Rocket Internet	Financials	Germany		2.1
30	Deutsche Post	Industrials	Germany		2.1
31	Outotec	Industrials	Finland		2.1
32	Ahold Delhaize	Consumer Services	Netherlands		2.0
33	Stora Enso	Basic Materials	Finland		2.0
34	Ipsos	Consumer Services	France		1.9
35	Siemens	Industrials	Germany		1.8
36	Petroleum Geo-Services	Oil & Gas	Norway		1.8
37	Piaggio	Consumer Goods	Italy		1.8
38	TDC	Telecommunications	Denmark		1.7
	Total equity investments			99.6
	Cash and other net assets			0.4
	Net assets			100.0
	* The investment is in non-voting shares ** The investment is in A shares

GEOGRAPHICAL DISTRIBUTION

30 June 2017	% of Net Assets
France	19.5
Germany	17.5
Netherlands	14.2
Switzerland	11.8
Spain	8.8
Finland	6.9
Italy	6.7
Norway	4.4
Denmark	4.0
Ireland	3.3
Sweden	2.5
Cash and other net assets	0.4
	100.0

SECTOR DISTRIBUTION

30 June 2017	% of Net Assets
Financials	22.1
Industrials	17.8
Health Care	12.8
Oil & Gas	10.2
Consumer Services	9.9
Telecommunications	6.9
Consumer Goods	6.8
Basic Materials	5.5
Technology	5.0
Utilities	2.6
Cash and other net assets	0.4
	100.0

As at 30 June 2017, the net assets of the Company were £425,738,000.

14 July 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