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 November 2012 were:

186.00p Capital only (undiluted)
186.00p Capital only (Diluted for treasury shares)
186.65p Including current year income (undiluted) XD
186.65p Including current year income (Diluted for treasury shares) XD

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 conversion of 1,153,955 Subscription Shares into Ordinary
shares on 8 November 2012 the Company's issued share capital now comprises
120,947,078 Ordinary Shares, 4,760,637 Treasury Shares and 22,330,058
Subscription 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).