Net Asset Value(s)

NET ASSET VALUE BLACKROCK FRONTIERS INVESTMENT TRUST PLC5493003K5E043LHLO706 The unaudited net asset values for the ordinary shares of BlackRock FrontiersInvestment Trust plc at close of business on 01 May 2019 were: 173.28c Capital only USD (cents)132.46p Capital only Sterling (pence)177.00c Including current year income USD (cents)135.30p Including current year income Sterling (pence) Notes: 1. Investments have been valued on a bid price basis. 2. Revenue items included in net asset value, with dividends payablededucted on the ex-dividend date. 3. Following the share issuance of 250,000 ordinary shares on 04thFebruary 2019, the Company has 240,672,801 ordinary shares in issue.