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 23 March 2016 were:

260.87p  Capital only (undiluted)
258.74p  Capital only (Diluted for subscription shares)
258.74p  Capital only (Diluted for subscription shares & treasury shares)
262.22p  Including current year income (undiluted)
259.86p  Including current year income (Diluted for subscription shares)
259.86p  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 subscription of shares on 08 February 2016, the Company
now has 103,086,916 Ordinary Shares in issue (excluding 6,725,825 Ordinary
Shares which are held in Treasury).  The Company also has 20,530,998
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).