NET ASSET VALUE BLACKROCK EMERGING EUROPE PLC The unaudited net asset values for BlackRock Emerging Europe plc at close of business on 26 November 2014 were: 404.19c per share (US cents) - Capital only 255.93p per share (pence sterling) - Capital only 410.77c per share (US cents) - Including current year income 260.10p 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.