Director Shareholding

Merrill Lynch Greater Europe IT PLC
20 September 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

Merrill Lynch Greater Europe Investment Trust plc

2) Name of director

John Walker-Haworth

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)

Waterhouse Nominees Limited A/C BOSPC

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 (conversion of shares held in Merrill Lynch
European Investment Trust plc to shares in Merrill Lynch Greater Europe
Investment Trust plc under the Scheme of reconstruction)

7) Number of shares/amount of stock acquired

33,932

8) Percentage of issued class

0.02%

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

Nil - roll-over under Scheme of reconstruction

13) Date of transaction

20 September 2004

14) Date company informed

20 September 2004

15) Total holding following this notification

33,932 ordinary shares

16) Total percentage holding of issued class following this notification

0.02%

17) Any additional information

None

18) Contact name for queries

Miss A J Marsh

19) Contact telephone number

020 7743 5430

20) Name of authorised company official responsible for making notification

Miss A J Marsh, Merrill Lynch Investment Managers Group Services Limited
Secretary


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