The European Investment Trust plc (the "Company")

    The Company announces that, following the conclusion of the Annual General
    Meeting to be held on 24 January 2017, Mr Douglas McDougall will be retiring as
    a non-executive Director of the Company. Mr McDougall has been on the Board
    since 1999 and has been Chairman of the Company since that year.

    Following Mr McDougall's retirement, Mr Michael MacPhee, a non-executive
    Director of the Company, will succeed Mr McDougall as Chairman of the Company.

    30 November 2016

    Enquiries:

    Kenneth Greig
    Edinburgh Partners AIFM Limited
    Tel: 0131 270 3800

    The Company's registered office address is:

    Beaufort House
    51 New North Road
    Exeter
    EX4 4EP