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 26 February 2016 were: 313.44c per share (US cents) - Capital only226.09p per share (pence sterling) - Capital only316.01c per share (US cents) - Including current year income227.94p 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 to cancellation of 7,000 ordinary shares on 26February 2016, The Company's share capital consists of 36,209,928 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.