BRGS Blackrock GR Ss

Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan

03 December 2013

                 BlackRock Greater Europe Investment Trust plc
                                 Tender Price

Background

The Company offered to repurchase up to 20 per cent of its issued Ordinary
Shares excluding treasury shares (109,591,474).

The Tender Offer was undersubscribed and 2,627,623 Ordinary Shares (2.39% of
the issued Ordinary Shares excluding treasury shares) were tendered. The Tender
will be satisfied in full.

Tender Price

The Tender Price calculated as at close of business on 2 December 2013 (the
"Calculation Date") was 240.27 pence per Ordinary Share.

Payments to Shareholders by cheque, in the case of certificated holders, will
be made in pounds sterling and are expected to be paid on or as soon as
practicable after 9 December 2013.

Payments through CREST, in the case of uncertificated holders, will be made in
pounds sterling and are expected to be paid on or as soon as practicable after
9 December 2013.

Balancing share certificates will be despatched and CREST accounts will be
settled on or as soon as practicable after 9 December 2013.

Definitions

Terms defined in the Circular have the same meaning when used herein unless the
context otherwise requires.

Enquiries

BlackRock Investment Management (UK) Limited   020 7743 3000
Simon White
Caroline Driscoll

Cenkos Securities plc                          020 7397 8900
Will Rogers
Sapna Shah

Cenkos Securities plc is acting for the Company in connection with the Tender
Offer and no one else and will not be responsible to anyone other than the
Company for providing the protections offered to clients of Cenkos Securities
plc nor for providing advice in relation to the Tender Offer.