Net Asset Value(s)

NET ASSET VALUE BLACKROCK NORTH AMERICAN INCOME TRUST PLC549300WWOCXSC241W468 The unaudited net asset values for BlackRock North American Income Trust plc atclose of business on 20 January 2020 were: 191.14p Capital only192.89p Including current year income Notes: 1. Investments have been valued on a bid price basis. 2. Revenue items included in net asset value, with dividends payablededucted on the ex-dividend date. 3. Following the share issuance of 250,000 ordinary shares on 17thJanuary 2020, the Company has 81,004,044 ordinary shares in issue, excluding19,357,261 which are held in treasury.