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 28 June 2016 were: 345.29c per share (US cents) - Capital only259.21p per share (pence sterling) - Capital only350.20c per share (US cents) - Including current year income262.89p 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 9,900 ordinary shares on 22June 2016, the Company's share capital consists of 36,142,828 Ordinary shares(excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.