NET ASSET VALUE

BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC

The unaudited net asset values for BlackRock Greater Europe Investment Trust
plc at close of business on 16 January 2014 were:

254.99p Capital only (undiluted)
251.20p Capital only (Diluted for subscription shares)
251.06p Capital only (Diluted for subscription shares & treasury shares)
255.20p Including current year income (undiluted)
251.37p Including current year income (Diluted for subscription shares)
251.23p including current year income (Diluted for subscription shares & treasury shares)

Notes:

1. Investments have been valued on a bid price basis.

2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.

3. Following the cancellation of 88,677 Ordinary Shares which the Company was
holding in Treasury and the 2,627,623 Ordinary Shares arising from the Tender
Offer on 9 December 2013, the Company's issued share capital comprises
112,593,527 Ordinary Shares (including 5,629,676 Treasury Shares) and
22,312,055 Subscription Shares.

4. 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 ICB (Topic 3).