Holding(s) in Company

SCHEDULE 10                                  
                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1) Name of company:

BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC

2) Name of shareholder having a major interest:

NUTRACO NOMINEES LIMITED

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18:

NON-BENEFICIAL

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them:

NUTRACO NOMINEES LIMITED

5) Number of shares/amount of stock acquired:

NOT NOTIFIED

6) Percentage of issued class:

NOT NOTIFIED

7) Number of shares/amount of stock disposed:

NOT NOTIFIED

8) Percentage of issued class:

NOT NOTIFIED

9) Class of security:

ORDINARY SHARES OF 0.1p EACH

10) Date of transaction:

N/A

11) Date company became aware of holding:

N/A

12) Total holding following this notification:

34,589,524

13) Total percentage holding of issued class following this notification:

30.78% - however, BlackRock Investment Management (UK) Limited will not exceed
the voting limit of 29.99% of the total issued share capital.

14) Any additional information:

BlackRock Greater Europe Investment Trust plc announces that BlackRock
Investment Management (UK) Limited has a notifiable interest in 34,589,524
ordinary shares, being 30.78% of the issued share capital of the Company
(excluding treasury shares). These shares are held on behalf of participants in
the BlackRock investment trust savings products. BlackRock Investment
Management (UK) Limited has a notifiable interest in these shares because, in
certain circumstances and subject to certain limitations agreed with the
Takeover Panel to ensure compliance with the Takeover Code, with effect from 14
March 2007 BlackRock is entitled to exercise the voting rights attached to
these shares if the relevant plan participants do not do so. However, BlackRock
Investment Management (UK) Limited will not exceed the voting limit of 29.99%
of the total issued share capital (excluding treasury shares).

15) Name of contact and telephone number for queries:

Ms C Driscoll - 020 7743 2427

16) Name and signature of authorised company official responsible for
making this notification:

Ms C Driscoll
For BlackRock Investment Management (UK) Limited
Secretary

17) Date of notification:

1 December 2008