Statement re (insert appropriate text)

Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan
 

2 June 2015

                 BlackRock Greater Europe Investment Trust plc                 
                                                                               

                                 Tender Price                                  
                                                                               

Background
 

The Company offered to repurchase up to 20 per cent of its issued Ordinary
Shares excluding treasury shares (105,743,866).
 

The Tender Offer was undersubscribed and 1,454,802 Ordinary Shares (1.38% of
the issued Ordinary Shares excluding treasury shares) were tendered.  The
Tender will be satisfied in full.
 

Tender Price
 

The Tender Price calculated as at close of business on 1 June 2015 (the
"Calculation Date") was 256.66 pence per Ordinary Share.
 

Payments to Shareholders by cheque, in the case of certificated holders, will
be made in pounds sterling and are expected to be paid on or as soon as
practicable after 8 June 2015.
 

Payments through CREST, in the case of uncertificated holders, will be made in
pounds sterling and are expected to be paid on or as soon as practicable after
8 June 2015.
 

Balancing share certificates will be despatched and CREST accounts will be
settled on or as soon as practicable after 8 June 2015.
 

Shares in issue
 

Following implementation of the Tender Offer on 8 June 2015, all Ordinary
Shares tendered will be repurchased by the Company and cancelled. The Company
also announces that 72,755 Ordinary Shares held in Treasury will be cancelled. 
Following implementation of the Tender Offer the Company will have 109,777,962
Ordinary Shares in issue, which will include 5,488,898 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 104,289,064.  The Company also has 20,565,777 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)                   020 7743 3000                         
Limited                                                                                      
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.