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 23 June 2016 were: 374.84c per share (US cents) - Capital only253.17p per share (pence sterling) - Capital only379.50c per share (US cents) - Including current year income256.32p 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 9,900 ordinary shares on 22June 2016, the Company's share capital consists of 36,142,828 Ordinary shares(excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.