The European Equity Fund, Inc. at its AGM announced each of the three Class III Directors nominated by the Board of Directors, Dr. Kenneth C. Froewiss, Dr. Wolfgang Leoni and Mr. Christian H. Strenger, was elected to serve for a term of three years and until his respective successor is elected and qualifies, one Class II Director nominated by the Board of Directors, Dr. Holger Hatje, was elected to serve a term of two years and until his successor is elected and qualifies; and one Class I Director, Ms. Hepsen Uzcan, was elected to serve a term of one year and until her successor is elected and qualifies.