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 on 24 October 2013 were:

249.48p Capital only (undiluted)
246.58p Capital only (Diluted for subscription shares)
246.58p Capital only (Diluted for subscription shares & treasury shares)
255.20p Including current year income (undiluted)
251.30p Including current year income (Diluted for subscription shares)
251.30p including current year income (Diluted for subscription shares & 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 implementation of the May 2013 Tender Offer, the cancellation
of 333,946 ordinary shares held in Treasury and the recent conversion of 70,495
Subscription Shares into Ordinary Shares on 8 August 2013, the Company's issued
share capital now comprises 108,719,211 Ordinary Shares, 5,718,353 Treasury
Shares and 23,184,318 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).