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 20 November 2015 were:
123.39p  Capital only 
124.30p  Including current year income XD
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 200,000 ordinary shares on 18 November 2015, the Company has 79,739,044 ordinary shares in issue, excluding 20,622,261 which are held in treasury.