Result of EGM

BlackRock Greater Europe Investment Trust plc

Results of General Meeting

The Board of BlackRock Greater Europe Investment Trust plc (the "Company")
refers to the circular and the prospectus published by the Company on 26
January 2012 (the "Circular" and the "Prospectus") respectively) concerning the
proposed issue of up to 40 million New Ordinary Shares and 8 million New
Subscription Shares in the Company, in connection with the recommended
proposals for the reconstruction and winding-up of Charter European Trust plc.

Following the General Meeting which was held today, the Board is pleased to
announce that the Special Resolution put to shareholders was passed on a vote
on a show of hands:

To (a) grant the Directors authority to allot Ordinary Shares in connection
with the Issue; (b) grant the Directors authority to allot Subscription Shares
in connection with the Issue; (c) authorise the Directors to allot Ordinary
Shares and Subscription Shares in connection with the Issue and resell any
Ordinary Shares held by the Company in treasury as if pre-emption rights did
not apply; (d) approve any consolidation, sub-division or redemption of share
capital to give effect to the rights of holders of Subscription Shares; (e)
authorise the Directors to purchase up to 14.99% of the Company's Ordinary
Shares for cancellation or to be held in treasury; (f) authorise the Directors
to purchase up to 14.99% of the Company's Subscription Shares for cancellation;
(g) authorise the Directors to purchase up to a maximum of 20% of the Company's
Ordinary Shares in issue as at 31 May 2012 by means of a Tender Offer; (h)
authorise the Directors to purchase up to a maximum of 20% of the Company's
Ordinary Shares in issue as at 30 November 2012 by means of a Tender Offer; and
(i) cancel the entire amount standing to the credit of the Company's share
premium account.


Under listing rule 9.6.2 a copy of the Special Resolution has been submitted to
the National Storage Mechanism, and will shortly be made available for
inspection at:

www.hemscott.com/nsm.do

Proxy votes received For, Against and Abstain in respect of the resolution were
as follows:

For: 37,126,683
Against: 548,402
Abstain: 547,325

Capitalised terms used in this announcement will have the same meanings
attributed to them in the Circular and Prospectus unless otherwise defined.

23 February 2012


Enquiries:

Will Rogers - Cenkos Securities 020 7397 1920

Simon White - BlackRock - 0207 743 5284