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 28 October 2016 were:

296.98p  Capital only (undiluted)
296.98p  Capital only (Diluted for treasury shares)
300.84p  Including current year income (undiluted)
300.84p  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 25,000 ordinary shares on 18 October 2016,
the Company now has 102,003,113 Ordinary Shares in issue (excluding 8,325,825
Ordinary Shares which are held in Treasury).

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).