Net Asset Value(s)

Merrill Lynch Greater Europe IT PLC
17 August 2006



NET ASSET VALUE

MERRILL LYNCH GREATER EUROPE INVESTMENT TRUST PLC

The unaudited net asset value for Merrill Lynch Greater Europe Investment Trust
plc at close of business on 16 August 2006 was:

157.98p Undiluted
157.98p Diluted NAV incorporating treasury shares


1. Investments have been valued on a bid price basis.

2. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the Merrill Lynch
Investment Trusts, see MLIMINDEX on Reuters or page 8800 on ICV (Topic 3).

3. The undiluted net asset value above has been calculated based on 133,705,096
ordinary shares.

4. 3,466,164 ordinary shares are held in treasury.




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