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 15 June 2016 were: 353.03c per share (US cents) - Capital only248.75p per share (pence sterling) - Capital only356.49c per share (US cents) - Including current year income251.18p 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 26,400 ordinary shares on 10June 2016, the Company's share capital consists of 36,152,728 Ordinary shares(excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.