Correction : Net Asset Value(s)

NET ASSET VALUE – CORRECTION TO DILUTED NAVs

Due to an administrative error, the diluted NAVs of the Company for 10 May 2016 were incorrectly published.  The NAVs for 10 May 2016 are set out below. The capital only and cum income NAVs of the Company for 10 May 2016 remain unchanged.

BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC

The unaudited net asset values for BlackRock Greater Europe Investment Trust plc at close of business on 10 May 2016 were:

256.70p  Capital only (Undiluted)
256.70p  Capital only (Diluted for treasury shares)
258.16p  Including current year income (Undiluted) XD
258.16p  Including current year income (Diluted for treasury shares) XD

Notes:

1.        Investments have been valued on a bid price basis.

2.        Revenue items are included in the net asset value, with dividends payable deducted on the ex-dividend date.

3.        Following the buyback of 100,000 ordinary shares on 9 May 2016, the Company now has 102,486,916 Ordinary Shares in issue (excluding 7,325,825 Ordinary Shares which are held in Treasury). As announced on 28 April 2016, the Subscription Shares were suspended from listing on 3 May 2016 following the passing of the final exercise date on 29 April 2016. An announcement in respect of the number of Subscription Shares which have been exercised has been released today.

4.        For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

For further information, please contact:

Simon White, Managing Director, Investment Trusts, BlackRock Investment Management (UK) Limited
Tel: [phone]

Press Enquiries:
Lucy Horne, Lansons Communications – Tel:  [phone]
E-mail: [e-mail]

12 May 2016
12 Throgmorton Avenue
London EC2N 2DL