Tender Offer

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BlackRock Greater Europe Investment Trust plc

Tender Offer

The Board of BlackRock Greater Europe Investment Trust plc (the Company) announces that it has decided not to implement a semi-annual tender offer in May 2016.

Over the six months to 29 February 2016, the average discount (cum income) to net asset value (NAV) was 2.9% and ranged from a discount of 5.0% to a premium of 0.7%. The discount on a cum income basis (diluted for subscription shares and treasury shares) at close of business on 18 March 2016 was 3.2%.  The Board has therefore concluded that it is not in the interests of shareholders as a whole to implement a semi-annual tender offer in May 2016.

The Board will continue to monitor the Company’s discount/premium to NAV and will look to buyback shares and/or operate six monthly tender offers if it is deemed to be in the interests of shareholders as a whole.

21 March 2016

For further information, please contact:

Simon White – 020 7743 5284
BlackRock Investment Management (UK) Limited

Sapna Shah – 020 7397 1922
Cenkos Securities plc