BlackRock Emerging Europe : Net Asset Value(s)

PR Newswire

London, November 8

NET ASSET VALUE

BLACKROCK EMERGING EUROPE PLC
549300OGTQA24Y3KMI14

The unaudited net asset values for BlackRock Emerging Europe plc at close of
business on 8 November 2018 were:

429.52c  per share (US cents) - Capital only
327.21p  per share (pence sterling) - Capital only
441.22c  per share (US cents) - Including current year income
336.12p  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.

4.      On 19 October, proposals for the liquidation and reconstruction of
BlackRock Emerging Europe plc were published.  These proposals are subject to
shareholder approval at a General Meeting to be held on 15 November 2018. The
Company's daily net asset value includes an accrual in respect of expected
costs associated with the liquidation.  This accrual accounts for costs
directly attributable to the liquidation. It is expected disposal costs will
also be encountered while selling down the portfolio however such costs cannot
be reliably estimated until the sale is executed. Consequently disposal costs
have not been accrued in the valuation at this point.