Net Asset Value(s)

NET ASSET VALUE BLACKROCK NORTH AMERICAN INCOME TRUST PLC549300WWOCXSC241W468 The unaudited net asset values for BlackRock North American Income Trust plc atclose of business on 5 February 2020 were: 188.88p Capital only190.77p Including current year income 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 share issuance of 100,000 ordinary shares on 30thJanuary 2020, the Company has 81,204,044 ordinary shares in issue, excluding19,157,261 which are held in treasury.