THE EUROPEAN INVESTMENT TRUST PLC - Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer                                   The European
of existing shares to which voting rights are                                        Investment Trust plc
attached:

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                          X

An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the                                            Investec Wealth &
notification obligation:                                                            Investment Limited

4. Full name of shareholder(s)
 (if different from 3.):                                                            N/A

5. Date of the transaction and date on
which the threshold is crossed or                                                   21st July 2014
reached:

6. Date on which issuer notified:                                                   22nd July 2014

7. Threshold(s) that is/are crossed or
reached:                                                                            From 12% to 13%


8. Notified details:

A: Voting rights attached to shares

Class/type      Situation previous               Resulting situation after the triggering transaction
of              to the triggering
shares          transaction

if possible     Number           Number          Number         Number of voting      % of  voting rights
using           of               of              of shares      rights
the ISIN        Shares           Voting
CODE                             Rights
                                                 Direct         Direct    Indirect    Direct     Indirect
Ordinary
Shares

GB0003295010    5,465,674        5,465,674                                5,475,584              13.02%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial   Expiration       Exercise/                Number of voting            % of voting
instrument          date             Conversion Period        rights that may be          rights
                                                              acquired if the
                                                              instrument is
                                                              exercised/ converted


C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

Type of       Exercise price  Expiration    Exercise/        Number of voting       % of voting rights
financial                     date          Conversion       rights instrument
instrument                                  period           refers to
                                                                                    Nominal     Delta


Total (A+B+C)

Number of voting rights                      Percentage of voting rights

5,475,584                                    13.02%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Client holdings registered in the name of Nominee companies 100% owned by
Investec Wealth & Investment Limited.

Proxy Voting:

10. Name of the proxy holder:                           N/A

11. Number of voting rights proxy holder will cease
to hold:                                                N/A

12. Date on which proxy holder will cease to hold
voting rights:                                          N/A

13. Additional information:                             N/A


14. Contact name:                                       Phil Beardwell Chartered FCSI
                                                        Senior Compliance Manager

15. Contact telephone number:                           020 7597 1356