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 20 September 2016 were: 376.50c per share (US cents) - Capital only290.69p per share (pence sterling) - Capital only382.62c per share (US cents) - Including current year income295.42p 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 20,000 ordinary shares on 16September 2016, the Company's share capital consists of 36,020,128 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.