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 4 December 2015 were:

124.82p  Capital only 
125.97p  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 1,250,000 ordinary shares on 
01 December 2015, the Company has 77,489,044 ordinary shares in issue, 
excluding 22,872,261 which are held in treasury.