Statement re Tender Price

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

1 June 2018

BlackRock Greater Europe Investment Trust plc LEI:  5493003R8FJ6I76ZUW55

Results of Tender Offer

Background

The Company offered to repurchase up to 20 per cent of its issued Ordinary Shares excluding treasury shares (88,776,863).

The Tender Offer was undersubscribed and 2,317,172 Ordinary Shares (2.61% of the issued Ordinary Shares excluding treasury shares) were tendered.  The Tender will be satisfied in full.  All tendered Ordinary Shares will be repurchased and held in Treasury.

Tender Price

The Tender Price calculated as at close of business on 31 May 2018 (the “Calculation Date”) was 351.43 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 7 June 2018.

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 7 June 2018.

Balancing share certificates will be despatched and CREST accounts will be settled on or as soon as practicable after 7 June 2018.

Shares in issue

Following implementation of the Tender Offer the Company will have 110,328,938 shares in issue which will include 23,869,247 Ordinary Shares which are held in Treasury. Following the Tender Offer the number of Ordinary Shares that the Company has in issue, less the total number of Ordinary Shares held by the Company in Treasury, is 86,459,691.

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
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.