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                                                        24th July 2014
reached:

6. Date on which issuer notified:                                                        25th July 2014

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

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

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

Ordinary
Shares

GB0003295010   5,484,564        5,484,564                      5,449,364                12.95%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of        Expiration          Exercise/            Number of voting             % of voting
financial      date                Conversion Period    rights that may be           rights
instrument                                              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 rights    % of voting rights
financial                     date         Conversion   instrument refers to
instrument                                 period
                                                                                   Nominal      Delta

Total (A+B+C)

Number of voting rights                           Percentage of voting rights

5,449,364                                         12.95%

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