Portfolio Update

 
TIDMEST TIDMESTS 
 
The Eastern European Trust PLC 
 
26 November 2010 
 
Reminder of your right to subscribe for Ordinary Shares at 299p per share 
 
This announcment is issued by way of reminder only and is not to be read as a 
recommendation to Subscription Shareholders to exercise their Subscription 
Share Rights or otherwise. You will still have furtheropportunitiesto subscribe 
for all or any of the Ordinary Shares to which your Subscription Shares relate 
on 31 March 2011 and 30 June 2011 at 299p per share if you choose not to do so 
on this occasion. 
 
Exercise of Subscription Share Rights held in Certificated form 
 
Shareholders wishing to exercise their Subscription Share Rights, who hold 
their shares in Certificated form, should refer to the instructions on the 
reverse of their Subscription Share Certificate(s). Shareholders must lodge the 
relevant Subscription Share certificate(s) at the office of Computershare 
Priority Applications, Corporate Actions, Bristol BS99 6AJ during the period of 
28 days ending at 5.00 pm on the relevant Subscription Date (31 December 2010), 
having completed the notice of exercise of Subscription Share Rights, and a 
remittance for the aggregate Subscription Price for the Ordinary Shares in 
respect of which the Subscription Share Rights are being exercised. Shares will 
be allotted within ten business days of the relevant Subscription Date (by 17 
January 2011). 
 
Exercise of Subscription Share Rights held through CREST 
 
Shareholders wishing to exercise their Subscription Share Rights, who hold 
their Shares through CREST, should send a USE (Unmatched Stock Event) 
instruction as set out below together with a remittance for the aggregate 
Subscription Price in respect of which the Subscription Share Rights are being 
exercised. When sending a USE instruction Shareholders should use the following 
participation and member account IDs when processing their applications: 
 
CREST Participant ID = 0RA27 
CREST Member Account ID = EASTERN 
 
The USE (instruction should be inputted to settle by 2.00 p.m. on the relevant 
Subscription Date (31 December 2010). Shares will be allotted within ten 
business days of the relevant Subscription Date (by 17 January 2011). 
 
All times referred to relate to the normal CREST daily timetable. It is a 
Subscription Shareholder's responsibility to monitor that timetable for changes 
until 2.00 p.m. on 31 December 2010 and to take appropriate action if any of 
the events are brought forward. 
 
Exercise of Subscription Share Rights held through the BlackRock Stocks & 
Shares ISA or Share Plan 
 
Savings Scheme Participants wishing to exercise their Subscription Share Rights 
should download the Savings Plan Notice of Exercise of Subscription Share 
Rights Form or the Stocks & Shares ISA Notice of Exercise of Subscription Share 
Rights Form which will shortly be available from www.blackrock.co.uk/its, 
complete and return it to the address given at the top of the form. Forms must 
be received at least seven business days before the relevant Subscription Date 
on which the exercise of Subscription Share Rights are applicable and therefore 
should be received by 17 December 2010. Shares arising from the exercise of 
Subscription Share Rights will be issued within ten business days of the 
relevant Subscription Date (by 17 January 2011). 
 
Net asset value and share price information 
 
  * The net asset value per Ordinary Share (fully diluted) and the closing 
    prices for the Company's Ordinary Shares and Subscription Shares, taken 
    from the Daily Official List of the London Stock Exchange on the ?rst 
    dealing day in each of the six months prior to the date of this 
    announcement and on the latest practicable date prior to the date of this 
    announcement, were as follows: 
 
Ordinary Share                     Ordinary Share         Subscription Share 
2010            Net asset value          Price(pence)           Price(pence) 
               (pence) 
1 June          287.66                   261.50                 -* 
1 July          269.05                   246.00                 -* 
2 August        302.99                   274.50                 14.00 
1 September     298.37                   265.50                 11.25 
1 October       312.76                   287.25                 13.50 
1 November      325.84                   304.00                 19.00 
25 November     325.95                   297.50                 20.25 
 
* No price was available as the Subscription Shares were issued on 13 July 2010 
 
Taxation 
 
On exercise of the right to convert any Subscription Shares into Ordinary 
Shares, the Ordinary Shares issued pursuant to the Subscription Share Rights 
will be treated as the same asset in respect of which the Subscription Share 
Rights are exercised. The base cost of each such Ordinary Share will be the 
deemed base cost of the Subscription Share that it replaces, plus the 
subscription price. Further information relating to taxation can be found at 
Part V of the prospectus dated 1 June 2010. 
 
Capitalised terms have the meanings given to them in the prospectus dated 1 
June 2010. 
 
If you have any enquiries regarding the procedures described above, these 
should be referred, in the case of CREST sponsored members, to their CREST 
sponsor and, in the case of other members including CREST sponsors, to the 
Receiving Agent, at Computershare Investor Services PLC, PO Box 859, The 
Pavilions, Bridgwater Road, Bristol BS99 1XZ, telephone [phone]. 
 
Mrs A B Powley 
BlackRock Investment Management (UK) Limited 
Secretary 
The latest practicable date prior to this letter being posted 
 
 
 
 
END