Net Asset Value(s)

NET ASSET VALUE BLACKROCK EMERGING EUROPE PLC The unaudited net asset values for BlackRock Emerging Europe plcat close of business on 4 December 2015 were: 342.74c per share (US cents) – Capital only226.93p per share (pence sterling) – Capital only345.36c per share (US cents) – Including current year income228.66p 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. The Company’s share capital consists of 36,242,928 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.