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 16 June 2016 were: 342.69c per share (US cents) - Capital only243.62p per share (pence sterling) - Capital only346.15c per share (US cents) - Including current year income246.08p 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.