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 28 June 2016 were:

123.68p  Capital only and including debt at par value
116.57p  Capital only and including debt at fair value
124.45p  Including current year income and debt at par value XD
117.33p  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 120,000 ordinary shares on 23 June 2016, the
Company has 271,637,282 ordinary shares in issue, excluding 19,475,000 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
271,637,282 Ordinary Shares in issue.