21 Aug 2006 16:21
EUROPEAN UTILITIES TRUST PLCThe net asset value per Ordinary Income share of European Utilities Trust plcas at the close of business on 18 August 2006 was 240.69p.The net asset value per Zero Dividend Preference share of European UtilitiesTrust plc was 288.63p.Funds under management were ‚£34,787,738.The portfolio has been valued using bid prices.Movements in the fair value of the Company's derivative financial instrument isrecognised in the net asset value. This comprises of an interest rate swapassociated with the Company's borrowings.The analysis of the gross assets less current liabilities at 18 August 2006 bygeographical area is as follows:Austria 5% Finland 4% France 10% Germany 15% Italy 7% Portugal 4% Spain 9% United Kingdom 33% Cash 13% 100%ENDEUROPEAN UTILITIES TRUST PLC