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 12 September 2016 were: 378.99c per share (US cents) - Capital only284.81p per share (pence sterling) - Capital only385.11c per share (US cents) - Including current year income289.41p 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 16,900 ordinary shares on 09September 2016, the Company's share capital consists of 36,040,128 Ordinaryshares (excluding 5,400,000 ordinary shares held in treasury) carrying one voteeach.