Portfolio Holdings as at 30 September 2017

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 30 SEPTEMBER 2017

				% of
Rank	Company	Sector	Country	Net Assets
1	PostNL	Industrials	Netherlands		3.7
2	BNP Paribas	Financials	France		3.7
3	Bayer	Basic Materials	Germany		3.5
4	Novartis	Health Care	Switzerland		3.4
5	Sanofi	Health Care	France		3.3
6	BBVA	Financials	Spain		3.2
7	Commerzbank	Financials	Germany		3.1
8	Royal Dutch Shell *	Oil & Gas	Netherlands		3.1
9	Airbus	Industrials	France		3.1
10	ENI	Oil & Gas	Italy		3.0
11	Telefonica	Telecommunications	Spain		3.0
12	Nordea Bank	Financials	Sweden		3.0
13	Total	Oil & Gas	France		3.0
14	Nokia	Technology	Finland		2.9
15	Roche **	Health Care	Switzerland		2.9
16	BB Biotech	Health Care	Switzerland		2.9
17	DNB	Financials	Norway		2.9
18	ING	Financials	Netherlands		2.8
19	Leoni	Industrials	Germany		2.7
20	Telecom Italia	Telecommunications	Italy		2.5
21	Ubisoft Entertainment	Consumer Goods	France		2.4
22	Michelin	Consumer Goods	France		2.4
23	E.ON	Utilities	Germany		2.4
24	Rocket Internet	Financials	Germany		2.4
25	Ryanair	Consumer Services	Ireland		2.4
26	DIA	Consumer Services	Spain		2.4
27	TDC	Telecommunications	Denmark		2.3
28	Deutsche Post	Industrials	Germany		2.3
29	Petroleum Geo-Services	Oil & Gas	Norway		2.3
30	Adecco	Industrials	Switzerland		2.3
31	Outotec	Industrials	Finland		2.3
32	Danske Bank	Financials	Denmark		2.2
33	Ipsos	Consumer Services	France		2.2
34	Ahold Delhaize	Consumer Services	Netherlands		2.0
35	Siemens	Industrials	Germany		1.8
36	Gemalto	Technology	Netherlands		1.5
37	Ontex	Consumer Goods	Belgium		0.7
	Total equity investments			98.0
	Cash and other net assets			2.0
	Net assets			100.0
	* The investment is in A shares ** The investment is in non-voting shares

GEOGRAPHICAL DISTRIBUTION

30 September 2017	% of Net Assets
France	20.1
Germany	18.2
Netherlands	13.1
Switzerland	11.5
Spain	8.6
Italy	5.5
Finland	5.2
Norway	5.2
Denmark	4.5
Sweden	3.0
Ireland	2.4
Belgium	0.7
Cash and other net assets	2.0
	100.0

SECTOR DISTRIBUTION

30 September 2017	% of Net Assets
Financials	23.3
Industrials	18.2
Health Care	12.5
Oil & Gas	11.4
Consumer Services	9.0
Telecommunications	7.8
Consumer Goods	5.5
Technology	4.4
Basic Materials	3.5
Utilities	2.4
Cash and other net assets	2.0
	100.0

As at 30 September 2017, the net assets of the Company were £440,213,000.

16 October 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