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 31 July 2015 were:

260.49p  Capital only (undiluted)
258.43p  Capital only (Diluted for subscription shares)
258.43p  Capital only (Diluted for subscription shares & treasury shares)
264.12p  Including current year income (undiluted)
261.47p  Including current year income (Diluted for subscription shares)
261.47p  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).