NET ASSET VALUE

BLACKROCK EMERGING EUROPE PLC
549300OGTQA24Y3KMI14

The unaudited net asset values for BlackRock Emerging Europe plc at close of
business on 27 July 2017 were:

453.26c  per share (US cents) - Capital only
346.38p  per share (pence sterling) - Capital only
466.59c  per share (US cents) - Including current year income
356.57p  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 cancellation of 400,000 treasury shares on 17 February
2017, the Company's share capital consists of 35,916,028 Ordinary shares
(excluding 5,000,000 ordinary shares held in treasury) carrying one vote each.