Director/PDMR Shareholding

SCHEDULE 11                                  
                                                                               
         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS          

1. Name of company
   
   BlackRock Greater Europe Investment Trust plc
   
2) Name of director
   
   Mr Gerry Holtham
   
3) Please state whether notification indicates that it is in respect of
   holding of the shareholder named in 2 above or holding of that person's
   spouse or children under the age of 18 or in respect of a non-beneficial
   interest
   
   Above named director
   
4) Name of the registered holder(s) and, if more than one holder, the
   number of shares held by each of them (if notified)
   
   Mr Gerry Holtham
   
5) Please state whether notification relates to a person(s) connected
   with the Director named in 2 above and identify the connected person(s)
   
   N/A
   
6) Please state the nature of the transaction. For PEP transactions
   please indicate whether general/single co PEP and if discretionary/non
   discretionary of ordinary shares
   
   Acquisition of ordinary shares in an ISA account in the name of Mr Gerry
   Holtham
   
7) Number of shares/amount of stock acquired
   
   3,000
   
8) Percentage of issued class
   
   0.003%
   
9) Number of shares/amount of stock disposed
   
   N/A
   
10) Percentage of issued class
   
    N/A
   
11) Class of security
   
    Ordinary shares of 0.1p each
   
12) Price per share
   
    190p
   
13) Date of transaction
   
    17 March 2011
   
14) Date company informed
   
    17 March 2011
   
15) Total holding following this notification
   
    11,100 ordinary shares
   
16) Total percentage holding of issued class following this notification
   
    0.011%
   
17) Any additional information
   
    None
   
18) Contact name for queries
   
    Ms C Driscoll
   
19) Contact telephone number
   
    020 7743 2427
   
20) Name of authorised company official responsible for making notification
   
    Ms C Driscoll, BlackRock Investment Management (UK) Limited
    Secretary