Result of Tender offer

Not for release, publication or distribution in or into the United States,     
Canada, Australia or Japan                                                     
                                                                               
6 June 2013                                                                    
                                                                               
                 BlackRock Greater Europe Investment Trust plc                 
                          Results of the Tender Offer                          
                                                                               
Results                                                                        
                                                                               
As announced on 3 June 2013, 7,636,639 Ordinary Shares (6.56% of the issued    
Ordinary Shares excluding treasury shares) were tendered. The Tender Offer was 
undersubscribed and will therefore be satisfied in full. The Tender Price      
calculated as at close of business on 31 May 2013 (the "Calculation Date") was 
232.56 pence per Ordinary Share.                                               
                                                                               
Shares in issue                                                                
                                                                               
Following implementation of the Tender Offer on 10 June 2013, all Ordinary     
Shares tendered will be repurchased by the Company and cancelled. The Company  
also announces that 333,946 Ordinary Shares held in Treasury will be cancelled.
Following implementation of the Tender Offer the Company will have 114,367,069 
Ordinary Shares in issue, which will include 5,718,353 Ordinary Shares which   
are held in Treasury. The number of Ordinary Shares that the Company has in    
issue, less the total number of Ordinary Shares held by the Company in         
Treasury, will be 108,648,716. The Company also has 23,254,813 Subscription    
Shares in issue.                                                               
                                                                               
Definitions                                                                    
                                                                               
Terms defined in the Circular have the same meaning when used herein unless the
context otherwise requires.                                                    
                                                                               
Enquiries                                                                      

BlackRock Investment Management (UK) Limited   020 7743 3000                   
Simon White                                                                    
Caroline Driscoll                                                              
                                                                               
Cenkos Securities plc                          020 7397 8900                   
Will Rogers                                                                    
Sapna Shah                                                                     

Cenkos Securities plc is acting for the Company in connection with the Tender  
Offer and no one else and will not be responsible to anyone other than the     
Company for providing the protections offered to clients of Cenkos Securities  
plc nor for providing advice in relation to the Tender Offer.