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 24 October 2016 were: 382.15c per share (US cents) - Capital only313.05p per share (pence sterling) - Capital only390.07c per share (US cents) - Including current year income319.55p 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 9,000 ordinary shares on 21October 2016, the Company's share capital consists of 35,979,128 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.