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 1 June 2016 were:

262.23p  Capital only (undiluted)
262.23p  Capital only (Diluted for treasury shares)
265.06p  Including current year income (undiluted)
265.06p  Including current year income (Diluted for 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 buyback of 100,000 ordinary shares on 18 May 2016, the
Company now has 102,903,113 Ordinary Shares in issue (excluding 7,425,825
Ordinary Shares which are held in Treasury). The listing of the remaining
20,014,801 Subscription Shares was cancelled at 8.00 a.m. on 1 June 2016 and
the Subscription Shares were simultaneously reclassified into Deferred Shares.
The Deferred Shares will be redeemed with effect from noon on 17 June 2016 at
which time the Company's share capital will only be comprised of Ordinary
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).