TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

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
notification obligation:                                                         Investec Wealth & 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 reached:                                       20th May 2015

6. Date on which issuer notified:                                                21st May 2015

7. Threshold(s) that is/are crossed or reached:                                  From 15% to 16%

8. Notified details:

A: Voting rights attached to shares

Class/type    Situation previous         Resulting situation after the triggering
of            to the triggering          transaction
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      6,710,692      6,710,692                      6,748,957          16.04%
Shares
GB0003295010


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


Total (A+B+C)

Number of voting rights                 Percentage of voting rights

6,748,957                               16.04%


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