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           Gartmore European Investment Trust p.l.c. (The "Company")           

               Market Purchase by the Company of its Own Shares                

Shares Bought Back to be held in Treasury

Gartmore European Investment Trust p.l.c., managed by Gartmore Investment
Limited, today purchased 14,000 Ordinary 50p shares at a price of 557.5 pence
per share to be held in Treasury.

The purchase represents 0.05% of Ordinary shares in issue and is the
fifty-seventh purchase of Ordinary shares pursuant to a general authority
granted at the Annual General Meeting of the Company on 1 February 2008.

The purchase will reduce the number of Ordinary shares in issue that have full
voting rights to 29,957,162.

The Company's called-up share capital will continue to be 32,704,149 Ordinary
shares, of which 2,746,987 (8.40%) are held in Treasury and have no voting
rights.

Total Voting Rights

The figure of 29,957,162 Ordinary shares, having full voting rights may be used
by holders as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to their interest
in, the Company under the Disclosure and Transparency Rules.

Gartmore Investment Limited

Company Secretary

7 August 2008



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