Net Asset Value(s)

Merrill Lynch Greater Europe IT PLC
06 December 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 5 December 2005 was:

138.30p Undiluted
138.30p Diluted NAV incorporating treasury shares


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.

3. Treasury shares are not currently dilutive.



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