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 29 April 2016 were:

257.08p  Capital only (undiluted)
255.57p  Capital only (Diluted for subscription shares)
255.57p  Capital only (Diluted for subscription shares & treasury shares)
258.57p  Including current year income (undiluted) XD
256.80p  Including current year income (Diluted for subscription shares) XD
256.80p  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 buyback of 175,000 ordinary shares on 19 April 2016,
the Company now has 102,586,916 Ordinary Shares in issue (excluding 7,225,825
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).