Net Asset Value(s)

Merrill Lynch Greater Europe IT PLC
13 February 2007


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 12 February 2007 was:

176.46p Undiluted
176.46p 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 BlackRock managed
Investment Trusts, see BLRKINDEX on Reuters or page 8800 on ICV (Topic 3).

3. The undiluted net asset value above has been calculated based on 130,238,932
ordinary shares.

4. 5,509,887 ordinary shares held in treasury from 4 December 2006.







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