Net Asset Value(s)

NET ASSET VALUE

BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC

The unaudited net asset values for BlackRock Greater Europe Investment Trust
plc at close of business 15 January 2013 were:

209.25p Capital only (undiluted)
209.25p Capital only (Diluted for treasury shares)
209.88p Including current year income (undiluted)
209.88p Including current year income (Diluted for treasury shares)

Notes:

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

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

3. Following the 30 November 2012 tender offer, the Company's issued share
capital now comprises 116,285,355 Ordinary Shares and 6,052,299 Treasury
Shares.

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).