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 11 March 2016 were: 347.27c per share (US cents) - Capital only241.25p per share (pence sterling) - Capital only349.68c per share (US cents) - Including current year income242.92p 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 23,800 ordinary shares on 10March 2016, the Company's share capital consists of 36,186,928 Ordinary shares(excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.