Annual General Meeting – update

To:                   RNS

From:               European Assets Trust PLC

Date:               17 April 2020

LEI:                  213800N61H8P3Z4I8726

Annual General Meeting and Investors' Briefing

Following the introduction of UK Government Covid-19 guidance on social distancing and the prohibition of non-essential travel and public gatherings, the Board of European Assets Trust PLC ("the Company") has made the difficult decision to amend the format of this year's Annual General Meeting ("AGM").

This year's AGM, which will be held on Thursday, 14 May 2020 at 3.00pm at Exchange House, Primrose Street, London, EC2A 2NY, will be purely functional and will not incorporate a presentation from the investment manager, Sam Cosh. Shareholders will not be permitted to attend, and attendance will be limited to the minimum number of Directors and officers sufficient to form a quorum.

Instead, the investment manager's presentation will be available on the Company's website www.europeanassets.co.uk together with some frequently asked questions. Shareholders who may have any additional questions on this presentation, the Report and Accounts or the resolutions proposed for this year's AGM, can email their queries to [email protected].

The Board would therefore encourage all shareholders to utilise their Form of Proxy, appointing the Chairman as your proxy. This will allow your votes to count despite you being unable to attend. Appointment of a proxy other than the Chairman will result in your vote not being counted, as the person appointed as your proxy will not be admitted to the AGM.

Enquiries:

Scott McEllen

BMO Investment Business Limited                 Tel:  0207 628 8000