Net Asset Value(s)

NET ASSET VALUE

BLACKROCK FRONTIERS INVESTMENT TRUST PLC
5493003K5E043LHLO706

The unaudited net asset values for BlackRock Frontiers Investment Trust PLC at
close of business on 1 September 2022 were:

167.20c Capital only USD (cents) 
145.04p Capital only Sterling (pence)
170.62c Including current year income USD (cents)
148.01p Including current year income Sterling (pence)

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 51,884,770 treasury shares on 31st March
2021, the Company has 241,822,801 ordinary shares in issue, including
52,497,053 which are held in treasury
UK 100