Annual Information Update

MERRILL LYNCH GREATER EUROPE INVESTMENT TRUST plc

ANNUAL INFORMATION UPDATE

Annual Information Update for the period from 31 October 2006 up to and
including 31 October 2007.

Pursuant to the requirements of Prospectus Rule 5.2 the following summarises
the information that has been published or made available to the public by the
Company.  Please note that some of this information may be out of date.

1.     Announcements via a Regulatory Information Service (RIS):

  (RIS Announcements can be viewed at or downloaded via the internet from http:
  //dev.uk-wire.com using EPIC code MGE.)                                      

1.1   Net Asset Values:

  As far as possible the Company has announced daily the net asset value per   
  share as at the close of the previous business day.                          

1.2   Transactions in own shares:

  NONE   

1.3   Holdings in Company:

  1 October 2007     
  3 September 2007   
  14 August 2007     
  2 August 2007      
  3 July 2007        
  7 June 2007        
  4 June 2007        
  2 May 2007         
  2 April 2007       
  14 March 2007      

1.4   Portfolio Updates:

  24 October 2007     
  2 October 2007      
  28 September 2007   
  4 September 2007    
  29 August 2007      
  2 August 2007       
  23 July 2007        
  3 July 2007         
  20 June 2007        
  4 June 2007         
  23 May 2007         
  2 May 2007          
  16 April 2007       
  3 April 2007        
  23 March 2007       
  2 March 2007        
  23 February 2007    
  2 February 2007     
  22 January 2007     
  3 January 2007      
  21 December 2006    
  4 December 2006     
  16 November 2006    
  2 November 2006     

1.5   Other Announcements:

  26 October 2007  Submission of Documents        
  17 October 2007  Final Results                  
  29 August 2007   Tender Offer                   
  25 June 2007     Director/PDMR Shareholding     
  6 June 2007      Acquisition by Issuer of Shares
  4 June 2007      Voting Rights & Capital        
  1 June 2007      Voting Rights & Capital        
  1 June 2007      Result of Tender Offer         
  22 May 2007      Result of Tender Offer         
  26 April 2007    Submission of Documents        
  18 April 2007    Interim Results                
  9 March 2007     Tender Offer                   
  15 December 2006 Director/PDMR Shareholding     
  7 December 2006  Voting Rights & Capital        
  1 December 2006  Result of Tender Offer         
  21 November 2006 Result of Tender Offer         
  21 November 2006 Result of AGM                  
  31 October 2006  Annual Information Update      

2.     Documents Filed with the Registrar of Companies:

  10 July 2007     Form 169A(2)                           
  28 June 2007     Form 169(1B)                           
  22 June 2007     Form 363a                              
  30 December 2006 Form 169(1B)                           
  16 December 2006 Form 169A(2)                           
  22 November 2006 AGM Special Resolutions                
  22 November 2006 Full Accounts made up to 31 August 2006

3.     Printed Publications:

  The Annual Report and Accounts for the year ended 31 August 2007 are         
  available from the Company's registered office, c/o The Company Secretary,   
  Merrill Lynch Greater Europe Investment Trust plc, 33 King William Street,   
  London EC4R 9AS or can be downloaded from www.blackrock.co.uk/its            

Other sources of information:

The Company's Ordinary shares are listed on the London Stock Exchange and the
price of these shares is published in the Financial Times and the Times under
'Investment Companies' and in the Daily Telegraph under "Investment Trusts". 
The share price is also available on BlackRock's website at www.blackrock.co.uk
/its.

Further information can be obtained from BlackRock Merrill Lynch Investment
Managers as follows:

  Free investor helpline:             0800 445522                          
  Email address:                      www.blackrock.co.uk/its

In addition, regular Factsheets on the Company are produced by BlackRock
Investment Management (UK) Limited and can be downloaded from 
www.blackrock.co.uk.

BlackRock Investment Management (UK) Limited
Secretary
1 November 2007