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 5 August 2016 were: 364.47c per share (US cents) - Capital only279.11p per share (pence sterling) - Capital only370.99c per share (US cents) - Including current year income284.11p 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 12,000 ordinary shares on 29July 2016, the Company's share capital consists of 36,124,128 Ordinary shares(excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.