The European Investment Trust plc ("the Company")

    The Company announces that on 1 December 2016 it purchased the following number
    of its ordinary shares of 25 pence each on the main market of the London Stock
    Exchange.

    Ordinary Shares:

    Date of purchase:                    1 December 2016                     
                                                                             
    Number of ordinary shares purchased: 2,000                               
                                                                             
    Lowest price per share               712.0p                              
                                                                             
    Highest price per share              714.0p                              

    The Company intends to cancel the purchased shares.

    Following the above transaction, the Company has 42,014,100 ordinary shares in
    issue. Each of the Company's shares carries one vote.  Accordingly, the total
    number of voting rights of the Company is 42,014,100.

    2 December 2016

    Enquiries:

    Kenneth J 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