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 18 June 2015 were:

251.46p  Capital only (undiluted)
250.89p  Capital only (Diluted for subscription shares)
250.89p  Capital only (Diluted for subscription shares & treasury shares)
254.70p  Including current year income (undiluted)
253.59p  Including current year income (Diluted for subscription shares)
253.59p  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 tender offer, the Company now has 104,289,064 Ordinary Shares
in issue, (excluding 5,488,898 Ordinary Shares which are held in Treasury). The
Company also has 20,565,777 Subscription Shares in issue.

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).