Net Asset Value(s)

NET ASSET VALUE

BLACKROCK FRONTIERS INVESTMENT TRUST PLC
5493003K5E043LHLO706

The unaudited net asset values for the ordinary shares of BlackRock Frontiers
Investment Trust plc at close of business on 19 June 2018 were:

188.15c  Capital only USD (cents)
142.86p  Capital only Sterling (pence)
192.81c  Including current year income USD (cents) XD
146.40p  Including current year income Sterling (pence) 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 share issuance of 400,000 ordinary shares on 14 June
2018, the Company has 197,691,108 ordinary shares in issue .
UK 100

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