Net Asset Value(s)

BlackRock Frontiers Investment Trust Plc - Net Asset Value(s)

PR Newswire

London, September 21

NET ASSET VALUE

BLACKROCK FRONTIERS INVESTMENT TRUST PLC5493003K5E043LHLO706

The unaudited net asset values for the ordinary shares of BlackRock FrontiersInvestment Trust plc at close of business on 23 September 2020 were:

125.36c Capital only USD (cents)98.22p Capital only Sterling (pence)127.53c Including current year income USD (cents)99.92p Including current year income Sterling (pence)

Notes:

1. Investments have been valued on a bid price basis.

2. Revenue items included in net asset value, with dividends payablededucted on the ex-dividend date.

3. Following the buyback of 35,000 ordinary shares on 17th September2020, the Company has 241,210,518 ordinary shares in issue, excluding 612,283which are held in treasury