GARTMORE EUROPEAN INVESTMENT TRUST                                
NAV PER SHARE                                    As at 27-Feb-03  
excluding undistributed current year revenue                      
Ordinary shares (Basic)                          269.0p           
Ordinary shares (Diluted)                        263.6p           
The issuer advises that the following replaces the net asset value
announcement released on                                          
Friday 28 February 2003.                                          



END