Net Asset Value(s)

NET ASSET VALUE BLACKROCK EMERGING EUROPE PLC The unaudited net asset values for BlackRock Emerging Europe plc at close ofbusiness on 13 October 2016 were: 374.43c per share (US cents) - Capital only307.10p per share (pence sterling) - Capital only382.33c per share (US cents) - Including current year income313.59p per share (pence sterling) - Including current year income Notes: 1. Investments have been valued on a bid price basis. 2. Revenue items included in net asset value. 3. Following the buyback for cancellation of 20,000 ordinary shares on 16September 2016, the Company's share capital consists of 36,020,128 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.