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 28 November 2016 were: 383.76c per share (US cents) - Capital only309.20p per share (pence sterling) - Capital only391.38c per share (US cents) - Including current year income315.33p 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 11,400 ordinary shares on 27October 2016, the Company's share capital consists of 35,967,728 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.