Net Asset Value(s)

NET ASSET VALUEBLACKROCK EMERGING EUROPE PLCThe unaudited net asset values for BlackRock Emerging Europe plc at close ofbusiness on 29 April 2016 were:375.86c per share (US cents) - Capital only256.56p per share (pence sterling) - Capital only378.28c per share (US cents) - Including current year income258.22p per share (pence sterling) - Including current year incomeNotes: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 23,800 ordinary shares on 10March 2016, the Company's share capital consists of 36,186,128 Ordinary shares(excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.