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 17 August 2016 were: 375.19c per share (US cents) - Capital only288.33p per share (pence sterling) - Capital only381.59c per share (US cents) - Including current year income293.25p 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.