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 10 March 2016 were:

129.43p Capital only and including debt at par value
123.42p Capital only and including debt at fair value
129.48p Including current year income and debt at par value XD
123.47p 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 250,000 ordinary shares on 7 March 2016, the
Company has 273,887,282 ordinary shares in issue, excluding 17,225,000 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 273,887,282
Ordinary Shares in issue.