Tender Offer

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Canada, Australia of Japan

BlackRock Greater Europe Investment Trust plc

Tender Offer

The Board of BlackRock Greater Europe Investment Trust plc (the 'Company')
announces that it has decided not to implement a semi-annual tender offer in
May 2014.

Over the six months to 28 February 2014, the average discount to net asset
value ('NAV') was 2.2% and ranged from a discount of 5.3% to a premium of 1.2%.
The current discount on a cum income basis (diluted for subscription shares and
treasury shares) is 1.0%. The Board has therefore concluded that it is not in
the interests of shareholders as a whole to implement a semi-annual tender
offer in May 2014.

The Board will continue to monitor the Company's discount/premium to NAV and
will operate six monthly tender offers if it is deemed to be in the interests
of shareholders as a whole.

24 March 2014

For further information, please contact:

Simon White - 020 7743 5284
BlackRock Investment Management (UK) Limited

Sapna Shah - 020 7397 1922
Cenkos Securities plc