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 27 September 2016 were: 377.99c per share (US cents) - Capital only291.09p per share (pence sterling) - Capital only384.06c per share (US cents) - Including current year income295.76p 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 20,000 ordinary shares on 16September 2016, the Company's share capital consists of 36,020,128 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.