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 18 May 2016 were:

252.45p  Capital only (undiluted)
252.45p  Capital only (Diluted for treasury shares)
254.07p  Including current year income (undiluted) XD
254.07p  Including current year income (Diluted for 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 100,000 ordinary shares on 18 May 2016, the
Company now has 102,903,113 Ordinary Shares in issue (excluding 7,425,825
Ordinary Shares which are held in Treasury). As announced on 28 April 2016, the
Subscription Shares were suspended from listing on 3 May 2016 following the
passing of the final exercise date on 29 April 2016. An announcement in respect
of the number of Subscription Shares which have been exercised has been
released on 12 May 2016.

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).