Portfolio Holdings as at 31 July 2018

THE EUROPEAN INVESTMENT TRUST PLC
PORTFOLIO HOLDINGS AS AT 31 JULY 2018

				% of
Rank	Company	Sector	Country	Net Assets
1	Roche *	Health Care	Switzerland		3.8
2	PostNL	Industrials	Netherlands		3.5
3	Royal Dutch Shell **	Oil & Gas	Netherlands		3.2
4	Total	Oil & Gas	France		3.1
5	Telefonica	Telecommunications	Spain		3.1
6	Novartis	Health Care	Switzerland		3.1
7	ENI	Oil & Gas	Italy		3.0
8	ING	Financials	Netherlands		3.0
9	Sanofi	Health Care	France		3.0
10	Bayer	Health Care	Germany		2.9
11	Ahold Delhaize	Consumer Services	Netherlands		2.8
12	ISS	Industrials	Denmark		2.8
13	Getinge	Health Care	Sweden		2.7
14	Nokia	Technology	Finland		2.7
15	BBVA	Financials	Spain		2.7
16	Nordea Bank	Financials	Sweden		2.6
17	Ryanair	Consumer Services	Ireland		2.6
18	Ipsos	Consumer Services	France		2.6
19	Rocket Internet	Financials	Germany		2.6
20	Siemens	Industrials	Germany		2.5
21	Commerzbank	Financials	Germany		2.5
22	BNP Paribas	Financials	France		2.5
23	E.ON	Utilities	Germany		2.5
24	Glanbia	Consumer Goods	Ireland		2.4
25	Deutsche Post	Industrials	Germany		2.4
26	Danske Bank	Financials	Denmark		2.4
27	DNB	Financials	Norway		2.3
28	Ontex	Consumer Goods	Belgium		2.3
29	Adecco	Industrials	Switzerland		2.2
30	Michelin	Consumer Goods	France		2.2
31	Leoni	Industrials	Germany		2.2
32	Orange	Telecommunications	France		2.1
33	BB Biotech	Health Care	Switzerland		2.0
34	Mediobanca	Financials	Italy		2.0
35	Petroleum Geo-Services	Oil & Gas	Norway		2.0
36	Airbus	Industrials	France		1.9
37	Cyfrowy Polsat	Consumer Services	Poland		1.9
38	Outotec	Industrials	Finland		1.7
39	DIA	Consumer Services	Spain		0.9
40	Indra Sistemas	Technology	Spain		0.9
	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

31 July 2018	% of Net Assets
Germany	17.6
France	17.4
Netherlands	12.5
Switzerland	11.1
Spain	7.6
Sweden	5.3
Denmark	5.2
Ireland	5.0
Italy	5.0
Finland	4.4
Norway	4.3
Belgium	2.3
Poland	1.9
Cash and other net assets	0.4
	100.0

SECTOR DISTRIBUTION

31 July 2018	% of Net Assets
Financials	22.6
Industrials	19.2
Health Care	17.5
Oil & Gas	11.3
Consumer Services	10.8
Consumer Goods	6.9
Telecommunications	5.2
Technology	3.6
Utilities	2.5
Cash and other net assets	0.4
	100.0

As at 31 July 2018, the net assets of the Company were £439,995,000.

15 August 2018

Legal Entity Identifier: 213800QNN9EHZ4SC1R12

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