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 15 August 2016 were: 376.45c per share (US cents) - Capital only292.31p per share (pence sterling) - Capital only382.89c per share (US cents) - Including current year income297.32p 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.