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 1 September 2016 were: 369.27c per share (US cents) - Capital only277.65p per share (pence sterling) - Capital only375.42c per share (US cents) - Including current year income282.28p 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 for cancellation of 16,800 ordinary shares on 01September 2016, the Company's share capital consists of 36,057,028 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.