Portfolio Holdings as at 31 August 2017

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 31 AUGUST 2017

Rank	Company	Sector	Country	% of Net Assets
1	PostNL	Industrials	Netherlands		3.6
2	BNP Paribas	Financials	France		3.6
3	Novartis	Health Care	Switzerland		3.5
4	Bayer	Basic Materials	Germany		3.4
5	Sanofi	Health Care	France		3.4
6	BBVA	Financials	Spain		3.3
7	E.ON	Utilities	Germany		3.1
8	Ubisoft Entertainment	Consumer Goods	France		3.0
9	Roche *	Health Care	Switzerland		3.0
10	Commerzbank	Financials	Germany		3.0
11	Total	Oil & Gas	France		2.9
12	Royal Dutch Shell **	Oil & Gas	Netherlands		2.9
13	BB Biotech	Health Care	Switzerland		2.9
14	Telefonica	Telecommunications	Spain		2.9
15	DNB	Financials	Norway		2.9
16	ING	Financials	Netherlands		2.8
17	Airbus	Industrials	France		2.8
18	Nokia	Technology	Finland		2.8
19	Ryanair	Consumer Services	Ireland		2.7
20	DIA	Consumer Services	Spain		2.6
21	ENI	Oil & Gas	Italy		2.6
22	Nordea Bank	Financials	Sweden		2.6
23	Leoni	Industrials	Germany		2.6
24	Michelin	Consumer Goods	France		2.4
25	Telecom Italia	Telecommunications	Italy		2.3
26	Danske Bank	Financials	Denmark		2.3
27	Deutsche Post	Industrials	Germany		2.2
28	Rocket Internet	Financials	Germany		2.2
29	Adecco	Industrials	Switzerland		2.2
30	Outotec	Industrials	Finland		2.2
31	Piaggio	Consumer Goods	Italy		2.1
32	Stora Enso	Basic Materials	Finland		2.0
33	Petroleum Geo-Services	Oil & Gas	Norway		1.9
34	Gemalto	Technology	Netherlands		1.9
35	Ahold Delhaize	Consumer Services	Netherlands		1.9
36	TDC	Telecommunications	Denmark		1.7
37	Siemens	Industrials	Germany		1.7
38	Ipsos	Consumer Services	France		1.6
	Total equity investments			99.5
	Cash and other net assets			0.5
	Net assets			100.0
	* The investment is in non-voting shares ** The investment is in A shares

GEOGRAPHICAL DISTRIBUTION

31 August 2017	% of Net Assets
France	19.7
Germany	18.2
Netherlands	13.1
Switzerland	11.6
Spain	8.8
Finland	7.0
Italy	7.0
Norway	4.8
Denmark	4.0
Ireland	2.7
Sweden	2.6
Cash and other net assets	0.5
	100.0

SECTOR DISTRIBUTION

31 August 2017	% of Net Assets
Financials	22.7
Industrials	17.3
Health Care	12.8
Oil & Gas	10.3
Consumer Services	8.8
Consumer Goods	7.5
Telecommunications	6.9
Basic Materials	5.4
Technology	4.7
Utilities	3.1
Cash and other net assets	0.5
	100.0

As at 31 August 2017, the net assets of the Company were £440,370,000.

14 September 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