Portfolio Holdings as at 31 October 2015

THE EUROPEAN INVESTMENT TRUST PLC

PORTFOLIO HOLDINGS AS AT 31 OCTOBER 2015

Rank	Company	Sector	Country	% of Net Assets
1	PostNL	Industrials	Netherlands	3.9
2	BNP Paribas	Financials	France	3.6
3	Roche*	Health Care	Switzerland	3.5
4	Bayer	Basic Materials	Germany	3.4
5	Total	Oil & Gas	France	3.3
6	Novartis	Health Care	Switzerland	3.2
7	Ryanair	Consumer Services	Ireland	3.2
8	ENI	Oil & Gas	Italy	3.2
9	Stora Enso	Basic Materials	Finland	3.1
10	GAM	Financials	Switzerland	3.0
11	Sanofi	Health Care	France	3.0
12	Royal Dutch Shell A	Oil & Gas	Netherlands	3.0
13	E.ON	Utilities	Germany	2.9
14	Telecom Italia	Telecommunications	Italy	2.9
15	Valeo	Consumer Goods	France	2.9
16	SAP	Technology	Germany	2.8
17	DIA	Consumer Services	Spain	2.7
18	Rocket Internet	Financials	Germany	2.7
19	Unipol Gruppo Finanziario	Financials	Italy	2.6
20	Swedbank A	Financials	Sweden	2.6
21	Commerzbank	Financials	Germany	2.5
22	Hexagon B	Technology	Sweden	2.5
23	Prysmian	Industrials	Italy	2.5
24	Petroleum Geo-Services	Oil & Gas	Norway	2.4
25	BBVA	Financials	Spain	2.4
26	United Internet	Technology	Germany	2.4
27	ABB	Industrials	Switzerland	2.3
28	DNB	Financials	Norway	2.2
29	Aryzta	Consumer Goods	Switzerland	2.2
30	TDC	Telecommunications	Denmark	2.1
31	Leoni	Industrials	Germany	2.1
32	Orange	Telecommunications	France	2.1
33	Piaggio	Consumer Goods	Italy	1.9
34	Nokia	Technology	Finland	1.8
35	Delta Lloyd	Financials	Netherlands	1.7
36	Ipsos	Consumer Services	France	1.4
37	Outotec	Industrials	Finland	1.3
	Total equity investments			97.3
	Cash and other net assets			2.7
				100.0

* The investment is in non-voting shares

GEOGRAPHICAL DISTRIBUTION

31 October 2015	% of Net Assets
Germany	18.8
France	16.3
Switzerland	14.2
Italy	13.1
Netherlands	8.6
Finland	6.2
Spain	5.1
Sweden	5.1
Norway	4.6
Ireland	3.2
Denmark	2.1
Cash and other net assets	2.7
	100.0

SECTOR DISTRIBUTION

31 October 2015	% of Net Assets
Financials	23.3
Industrials	12.1
Oil & Gas	11.9
Health Care	9.7
Technology	9.5
Consumer Services	7.3
Telecommunications	7.1
Consumer Goods	7.0
Basic Materials	6.5
Utilities	2.9
Cash and other net assets	2.7
	100.0

As at 31 October 2015, the net assets of the Company were £324,460,000.

16 November 2015

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