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 12 August 2016 were: 373.82c per share (US cents) - Capital only289.04p per share (pence sterling) - Capital only380.32c per share (US cents) - Including current year income294.06p 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 23,000 ordinary shares on 12August 2016, the Company's share capital consists of 36,101,128 Ordinary shares(excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.