Net Asset Value(s)

NET ASSET VALUE BLACKROCK EMERGING EUROPE PLC The unaudited net asset values for BlackRock Emerging Europe plc atclose of business on 23 October 2015 were: 355.43c per share (US cents) – Capital only231.56p per share (pence sterling) – Capital only358.55c per share (US cents) – Including current year income233.60p 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) carryingone vote each.