BEEP Blackrock Emg

NET ASSET VALUE

BLACKROCK EMERGING EUROPE PLC

The unaudited net asset values for BlackRock Emerging Europe plc at close of
business on 18 January 2017 were:

413.41c  per share (US cents) - Capital only
334.95p  per share (pence sterling) - Capital only
420.96c  per share (US cents) - Including current year income
341.06p  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 18,800 ordinary shares on 22
December 2016, the Company's share capital consists of 35,933,428 Ordinary
shares (excluding 5,400,000 ordinary shares held in treasury) carrying one vote
each.