Net Asset Value(s)

NET ASSET VALUE
BLACKROCK NORTH AMERICAN INCOME TRUST PLC
The unaudited net asset values for BlackRock North American Income Trust plc at close of business on 23 October 2015 were:
121.67p  Capital only 
123.22p  Including current year income 
Notes:
1.       Investments have been valued on a bid price basis.
2.       Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.
3.       Following the buyback of 250,000 ordinary shares on 8 May 2015, the Company has 80,039,044 ordinary shares in issue, excluding 20,322,261 which are held in treasury.