Net Asset Value(s)

Merrill Lynch Greater Europe IT PLC
23 September 2005



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 22 September 2005 was:

131.40p


1. 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).

2. The net asset value above has been calculated based on 140,414,347 ordinary
shares, which reflects the tendering of 24,426,938 ordinary shares on 2 June
2005.


                      This information is provided by RNS
            The company news service from the London Stock Exchange