Net Asset Value(s)

NET ASSET VALUE

BLACKROCK INCOME STRATEGIES TRUST PLC

The unaudited net asset values for BlackRock Income Strategies Trust PLC at
close of business on 1 April 2016 were:

130.52p  Capital only and including debt at par value
124.63p  Capital only and including debt at fair value
130.89p  Including current year income and debt at par value XD
125.00p  Including current year income and debt at fair value XD

Notes:

1.        Investments have been valued on a bid price basis.

2.        Following the buyback of 200,000 ordinary shares on 31 March 2016,
the Company has 272,907,282 ordinary shares in issue, excluding 18,205,000
which are held in treasury.

3.        Revenue items included in net asset value, with dividends payable
deducted on the ex-dividend date.

4.        The unaudited NAV above has been calculated on the basis of
272,907,282 Ordinary Shares in issue.