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 7 May 2014 were:

245.97p Capital only (undiluted)
245.97p Capital only (Diluted for subscription shares)
245.96p Capital only (Diluted for subscription shares & treasury shares)
247.29p Including current year income (undiluted) XD
247.29p Including current year income (Diluted for subscription shares) XD
247.23p including current year income (Diluted for subscription shares & 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 issuance of 100,000 shares from treasury on 4 April 2014, the
Company's issued share capital now comprises of 107,575,830 Ordinary Shares
(excluding 5,429,676 Treasury Shares) and 21,900,076 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).