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 29 August 2014 were:

431.59c per share (US cents) - Capital only
259.86p per share (pence sterling) - Capital only
438.14c per share (US cents) - Including current year income
263.80p 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. The Company's share capital consists of 36,242,928 Ordinary shares
(excluding 5,400,000 ordinary shares held in treasury) carrying one vote each.