Net Asset Value(s)

NET ASSET VALUE BLACKROCK EMERGING EUROPE PLC549300OGTQA24Y3KMI14 The unaudited net asset values for BlackRock Emerging Europe plc at close ofbusiness on 21 February 2017 were: 439.15c per share (US cents) - Capital only352.20p per share (pence sterling) - Capital only446.45c per share (US cents) - Including current year income358.05p 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 11,800 ordinary shares on 10February 2017, the Company's share capital consists of 35,916,028 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.