Tender Offer Results

 
TIDMEST TIDMESTS 
 
THE EASTERN EUROPEAN TRUST PLC 
 
28 January 2011 
 
Results of Tender and Tender Price 
 
The Board today announces that the Net Asset Value as at the Calculation Date 
for the Tender Offer was  348.20 pence per Ordinary Share. Accordingly, the 
Tender Price, which has been calculated in accordance with paragraph 3 of Part 
IV of the Circular to Shareholders dated 17 December 2010, is 337.8046  pence 
per Ordinary Share. 
 
The Tender Offer was over-subscribed with 58.08 per cent. of the Company's 
issued share capital being tendered. Following scaling back, 3,676,752 Ordinary 
Shares will be repurchased by the Company at the Tender Price and held in 
treasury; this equates to 7.5 per cent. of the Company's ordinary shares in 
issue at the Record Date. Shareholders who tendered in excess of their basic 
entitlement will have their excess tenders satisfied to the extent of an 
additional approximately 4.67 per cent..   It is expected that cheques will be 
despatched and CREST payments made in the week commencing 31 January 2011. 
 
The Company announces that 1,414,190 Ordinary Shares which were held in 
Treasury were today cancelled. There are 3,250,177 Ordinary Shares currently 
held by the Company in Treasury. Following the implementation of the Tender 
Offer, the Company will have 46,179,527 Ordinary Shares in issue (excluding 
6,926,929 Ordinary Shares held in treasury). 
 
Enquiries 
 
Jonathan Ruck Keene/ Barbara Powley     020 7743 3000 
BlackRock Investment Management (UK) Limited 
 
Jane Lewis                              020 3100 0295 
Winterflood Investment Trusts 
 
 
 
END