TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
(1). Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached (ii):
The Eastern European Trust PLC
(2). Reason for the notification (please tick the appropriate
box or boxes):
An acquisition or disposal of voting rights: (X)
An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached: ( )
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
(3). Full name of person(s) subject to the notification
obligation (iii):
City of London Investment Management Company Limited
(4). Full name of shareholder(s) (if different from 3.)
(iv):
(5). Date of the transaction and date on which the threshold is
crossed or reached (v):
13 November 2012
(6). Date on which issuer notified:
13 November 2012 after COB
(7). Threshold(s) that is/are crossed or reached (vi, vii):
From 29 % to 27 %
(8). Notified details:
A: Voting rights attached to shares (viii, ix)
Class/type of shares (if possible using the ISIN code):
GB00B0BN1P96
Situation previous to the triggering transaction:
Number of Shares: 10,580,598
Number of Voting rights: 10,580,598
Resulting situation after the triggering transaction:
Number of shares:
Direct: 9,837,674
Number of voting rights:
Direct (xi):
Indirect (xii): 9,837,674
% of voting rights (x):
Direct:
Indirect: 23.12%
B. Qualifying Financial Instruments
Resulting situation after the triggering transaction:
Type of financial instrument:
Expiration date (xiii):
Exercise/Conversion Period (xiv):
Number of voting rights that may be acquired if the instrument
is exercised/ converted:
% of voting rights:
C. Financial Instruments with similar economic effect to
Qualifying Financial Instruments (xv, xvi)
Resulting situation after the triggering transaction:
Type of financial instrument: GB00B86T8K22 Subscription
shares
Exercise price: 273 pence
Expiration date (xvii): 1 July
2013
Exercise/Conversion Period (xviii): 2
January 2013, 1 April 2013 and
1 July 2013
Number of voting rights instrument refers to: 1,923,897 shares to be newly
created at time of conversion
% of voting rights (xix, xx):
Nominal: 22.53%
Delta: 4.52%
Total (A + B + C):
Number of voting rights: 11,761,571
27.64 % if all subscription shares were converted
(9). Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held, if
applicable (xxi):
All Voting Rights on all Shares are controlled by City of London
Investment Management Limited.
Proxy Voting:
(10). Name of the proxy holder:
City of London Investment Management Company Limited
(11). Number of voting rights proxy holder will cease to
hold:
(12). Date on which proxy holder will cease to hold voting
rights:
(13). Additional information:
(14). Contact name:
A B Powley
For BlackRock Investment Management (UK) Limited
Secretary
(15). Contact telephone number:
020 7743 5610
14 November 2012