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 10 March 2016 were:

125.72p Capital only
126.76p 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 75,000 ordinary shares on 10 March 2016, the
Company has 72,324,044 ordinary shares in issue, excluding 28,037,261 which are
held in treasury.