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 20 March 2018 were: 219.09c Capital only USD (cents)156.34p Capital only Sterling (pence)220.02c Including current year income USD (cents)157.01p 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 500,000 ordinary shares on 19 March2018, the Company has 192,991,108 ordinary shares in issue .