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 23 September 2016 were: 389.67c per share (US cents) - Capital only300.67p per share (pence sterling) - Capital only395.77c per share (US cents) - Including current year income305.38p 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.