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 11 November 2016 were:

121.71p  Capital only and including debt at par value
114.23p  Capital only and including debt at fair value
125.40p  Including current year income and debt at par value
117.93p  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 100,000 ordinary shares on 28 July 2016, the
Company has 267,037,282 ordinary shares in issue, excluding 24,075,000 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
267,037,282 Ordinary Shares in issue.