Annual Information Update

BLACKROCK GREATER EUROPE INVESTMENT TRUST plc

ANNUAL INFORMATION UPDATE

Annual Information Update for the period from 1 November 2007 up to and
including 31 October 2008.

Pursuant to the requirements of Prospectus Rule 5.2 the following summarises
the information that has been published or made available to the public by the
Company. Please note that some of this information may be out of date.

1. Announcements via a Regulatory Information Service (RIS):

    (RIS Announcements can be viewed at or downloaded via the internet
    from http://dev.uk-wire.com using EPIC code BRGE.)                

1.1 Net Asset Values:

    As far as possible the Company has announced daily the net asset  
    value per share as at the close of the previous business day.     

1.2 Transactions in own shares:

    NONE                                                              

1.3 Holdings in Company:

    1 October 2008                                                    
    1 September 2008                                                  
    4 August 2008                                                     
    1 July 2008                                                       
    2 June 2008                                                       
    1 May 2008                                                        
    1 April 2008                                                      
    3 March 2008                                                      
    4 February 2008                                                   
    8 January 2008                                                    
    3 January 2008                                                    
    3 December 2007                                                   
    1 November 2007                                                   

1.4 Portfolio Updates:

    29 October 2008                                                   
    23 September 2008                                                 
    5 September 2008                                                  
    20 August 2008                                                    
    23 July 2008                                                      
    24 June 2008                                                      
    6 June 2008                                                       
    19 May 2008                                                       
    2 May 2008                                                        
    24 April 2008                                                     
    2 April 2008                                                      
    28 March 2008                                                     
    4 March 2008                                                      
    25 February 2008                                                  
    4 February 2008                                                   
    22 January 2008                                                   
    3 January 2008                                                    
    19 December 2007                                                  
    4 December 2007                                                   
    19 November 2007                                                  
    2 November 2007                                                   

1.5 Other Announcements:

    27 October 2008      Documents Available for Viewing              
    17 October 2008      Final Results                                
    8 September 2008     Tender Offer                                 
    1 September 2008     Compliance with Model Code                   
    31 July 2008         Director/PDMR Shareholding                   
    31 July 2008         Statement re Change of Co-Manager            
    14 July 2008         Interim Management Statement                 
    9 June 2008          Acquisition by Issuer of Shares              
    5 June 2008          Total Voting Rights                          
    3 June 2008          Tender Offer                                 
    20 May 2008          Result of Tender Offer                       
    28 April 2008        Change of Name                               
    28 April 2008        Submission of Documents                      
    16 April 2008        Half Yearly Report                           
    15 April 2008        Result of General Meeting                    
    20 March 2008        Submission of Document                       
    11 March 2008        Tender Offer                                 
    3 March 2008         Listing Rule 15.5.1(4)                       
    28 January 2008      Director/PDMR Shareholding                   
    16 January 2008      Interim Management Statement                 
    11 December 2007     Director/PDMR Shareholding                   
    6 December 2007      Acquisition by Issuer of Shares              
    5 December 2007      Total Voting Rights                          
    3 December 2007      Result of Tender Offer                       
    3 December 2007      Result of Tender Offer                       
    3 December 2007      Total Voting Rights                          
    28 November 2007     Result of AGM                                
    19 November 2007     Result of Tender Offer                       
    1 November 2007      Annual Information Update                    

2. Documents Filed with the Registrar of Companies:

    21 October 2008      Form 288c                                    
    6 October 2008       Form 353                                     
    17 June 2008         Form 169(1B)                                 
    16 June 2008         Form 169A(2)                                 
    5 June 2008          Form 363a                                    
    25 April 2008        Company Name Changed                         
    2 January 2008       Form 169(1B)                                 
    2 January 2008       Form 169A(2)                                 
    1 December 2007      Full Accounts made up to 31 August 2007      
    30 November 2007     AGM Special Resolutions                      

3. Printed Publications:

    The Annual Report and Accounts for the year ended 31 August 2008  
    are available from the Company's registered office, c/o The       
    Company Secretary, BlackRock Greater Europe Investment Trust plc, 
    33 King William Street, London EC4R 9AS or can be downloaded from 
    www.blackrock.co.uk/its                                           

Other sources of information:

The Company's Ordinary shares are listed on the London Stock Exchange and the
price of these shares is published in the Financial Times and the Times under
'Investment Companies' and in the Daily Telegraph under 'Investment Trusts'.
The share price is also available on BlackRock's website at www.blackrock.co.uk/its

Further information can be obtained from BlackRock Investment Management (UK)
Limited as follows:

    Free investor helpline: 0800 445522                               
    Email address: www.blackrock.co.uk/its                            

In addition, regular Factsheets on the Company are produced by BlackRock
Investment Management (UK) Limited and can be downloaded from 
www.blackrock.co.uk

BlackRock Investment Management (UK) Limited
Secretary
3 November 2008