Net Asset Value(s)

NET ASSET VALUE BLACKROCK EMERGING EUROPE PLC549300OGTQA24Y3KMI14 The unaudited net asset values for BlackRock Emerging Europe plc at close ofbusiness on 23 February 2017 were: 441.70c per share (US cents) - Capital only351.99p per share (pence sterling) - Capital only448.98c per share (US cents) - Including current year income357.79p 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 11,800 ordinary shares on 10February 2017, the Company's share capital consists of 35,916,028 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.