Net Asset Value(s)

Merrill Lynch Greater Europe IT PLC
17 November 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 November 2006 was:

170.92p xd Undiluted
170.92p xd 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 133,705,096
ordinary shares.

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





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