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 29 February 2016 were: 317.40c per share (US cents) - Capital only227.77p per share (pence sterling) - Capital only319.94c per share (US cents) - Including current year income229.59p 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 7,000 ordinary shares on 26February 2016, the Company's share capital consists of 36,209,928 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.