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 4 December 2015 were:

257.12p  Capital only (undiluted) 
255.61p  Capital only (Diluted for subscription shares) 
255.61p  Capital only (Diluted for subscription shares & treasury shares) 
257.07p  Including current year income (undiluted) XD
255.57p  Including current year income (Diluted for subscription shares) XD
255.57p  Including current year income (Diluted for subscription shares & treasury shares) XD

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 November 2015 tender offer, the Company now has 
103,075,838 Ordinary Shares in issue (excluding 6,725,825 Ordinary Shares 
which are held in Treasury).  The Company also has 20,542,076 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).