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 13 April 2016 were:

131.43p  Capital only
132.98p  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 100,000 ordinary shares on 13 April 2016, the
Company has 70,849,044 ordinary shares in issue, excluding 29,512,261 which are
held in treasury.