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 22 September 2015 were:

238.33p  Capital only (undiluted)
238.33p  Capital only (Diluted for subscription shares)
238.33p  Capital only (Diluted for subscription shares & treasury shares)
241.96p  Including current year income (undiluted)
241.96p  Including current year income (Diluted for subscription shares)
241.96p  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 conversion of 20,599 Subscription Shares into Ordinary
Shares on 7 August 2015, the Company now has 104,309,663 Ordinary Shares in
issue (excluding 5,488,898 Ordinary Shares which are held in Treasury).  The
Company also has 20,545,178 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).