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 22 June 2016 were:

127.32p  Capital only and including debt at par value
121.23p  Capital only and including debt at fair value
129.52p  Including current year income and debt at par value
123.43p  Including current year income and debt at fair value

Notes:

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

2.        Following the buyback of 75,000 ordinary shares on 21 June 2016, the
Company has 271,757,282 ordinary shares in issue, excluding 19,355,000 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
271,757,282 Ordinary Shares in issue.