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The European Equity Fund, Inc. (NYSE: EEA) is a non-diversified, closed-end management investment company. The Fund seeks long term capital appreciation through investment primarily (normally at least 80% of its assets) in equity and equity linked securities of companies domiciled in countries utilizing the Euro currency. The Fund may also invest up to 20% of its assets in securities of issuers domiciled in European countries that do not use the Euro currency. Its benchmark is the MSCI-EMU Index, which is an unmanaged capitalization-weighted index that as of June 30, 2005 comprised of 319 stocks of companies domiciled in the 12 countries utilizing the Euro currency.



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