Notice of EGM and Publication of Circular and P...

Notice of EGM and publication of prospectus

The Boards of BlackRock Greater Europe Investment Trust plc (the "Company") and
Charter European Trust plc ("Charter") announce that they have reached
agreement in principle in respect of a recommended merger of the assets of the
two companies through a scheme of reconstruction and winding up of Charter (the
"Proposals").  

Accordingly, the Company has today published a Prospectus and a Circular in
connection with the recommended proposals for the reconstruction and winding up
of Charter which provide further details of the Proposals, which, inter alia,
are conditional on the approval by both shareholders in the Company and Charter.
Subject to the approval by the shareholders of both companies, the Company 
shall acquire substantially all of the assets of Charter.

Copies of the above documents have been submitted to the National Storage
Mechanism and will shortly be available for inspection at www.hemscott.com/
nsm.do and on the Company's website at www.blackrock.co.uk/BRGE

Enquiries:

Will Rogers - Cenkos Securities 020 7397 1920

Simon White - BlackRock - 0207 743 5284

Cenkos Securities plc which is authorised and regulated by the Financial
Services Authority, is acting for the Company and for no-one else in connection
with the contents of this announcement and will not be responsible to anyone
other than the Company for providing the protections afforded to clients of
Cenkos or for affording advice in relation to the contents of this announcement
or any matters referred to herein.

This announcement is for information purposes only and does not purport to be
full or complete and any decision regarding the Proposals should be made only
on the basis of the Circular and the Prospectus. This announcement does not
constitute or form part of any offer to issue or sell, or any solicitation of
any offer to subscribe or purchase, any investment in any jurisdiction, nor
shall it (or the fact of its distribution) form the basis of, or be relied on
in connection with, any contract therefor. 

The issue and the distribution of this announcement and the Prospectus in
certain jurisdictions may be restricted by law and persons into whose
possession any document or other information referred to this announcement, the
Circular or the Prospectus comes should inform themselves about and observe any
such restriction.  Any failure to comply with these restrictions may constitute
a violation of the securities laws of any such jurisdiction.