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 June 2016 were: 362.95c per share (US cents) - Capital only246.99p per share (pence sterling) - Capital only366.88c per share (US cents) - Including current year income249.66p 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 26,400 ordinary shares on 10June 2016, the Company's share capital consists of 36,152,728 Ordinary shares(excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.