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 27 June 2016 were: 337.81c per share (US cents) - Capital only256.94p per share (pence sterling) - Capital only342.75c per share (US cents) - Including current year income260.70p 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.