Henderson Euro Trust - Reclassification of Shares - Updated Replacement

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

HENDERSON EUROPEAN TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800GS89AL1DK3IN50

24 September 2025

HENDERSON EUROPEAN TRUST PLC

(the "Company")

Updated Correction: Approval of reclassification of Shares

Please see an updated correction below to the announcement released on 24 September 2025 in relation to the Approval of reclassification of Shares. The only update to the previously published correction is that the number of Shares to be reclassified as Reclassified Shares with "A" rights, being the right to receive New FEV Shares, should appear as 219,332,790 rather than 219,322,790 as in the original correction notice. The updated announcement is appended below.

Approval of reclassification of Shares

In connection with the recommended proposals for the voluntary winding-up of the Company and combination with Fidelity European Trust PLC ("FEV") and further to the Company's announcement on 10 September 2025 regarding the results of Shareholder Elections pursuant to the Scheme, the Board announces that, in accordance with the terms of the Scheme, the reclassification of the Company's Shares has been approved by the Board. The Shares shall be reclassified as follows, effective from 8.00 a.m. tomorrow, 25 September 2025:

·    219,332,790 Shares / 70.96 per cent. of issued Shares will be reclassified as Reclassified Shares with "A" rights, being the right to receive New FEV Shares; and

·    89,775,401 Shares / 29.04 per cent. of issued Shares will be reclassified as Reclassified Shares with "B" rights, being the right to receive cash.

The FCA and the London Stock Exchange have approved the reclassification of Shares for listing purposes. The listing of, and dealings in, the Reclassified Shares are expected to be suspended at 7.30 a.m. on 26 September 2025.

Defined terms used in this announcement have the meanings given in the Company's circular to Shareholders dated 21 August 2025 (the "Circular"). The Circular is available for viewing at the National Storage Mechanism which can be located at  https://data.fca.org.uk/#/nsm/nationalstoragemechanism  and on the Company's website at  www.hendersoneuropeantrust.com .

 For further information please contact:

Henderson European Trust plc

Vicky Hastings
Chair of the Board                                               Contact via Deutsche Numis

Deutsche Numis, Sole Corporate Broker and Financial Adviser
Nathan Brown
Tel: 020 7547 0569
E: nathan.brown@db.com
Matt Goss
Tel: 020 7260 1642
E: matt.goss@db.com

Greenbrook, PR Adviser
Alan Tovey
Teresa Berezowski

Tel. 020 7952 2000

E.   HendersonEuropeanTrust@greenbrookadvisory.com

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.