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 10 March 2016 were:

251.82p Capital only (undiluted)
251.18p Capital only (Diluted for subscription shares)
251.18p Capital only (Diluted for subscription shares & treasury shares)
252.77p Including current year income (undiluted)
251.98p Including current year income (Diluted for subscription shares)
251.98p 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).