Net Asset Value(s)

NET ASSET VALUE

BLACKROCK NORTH AMERICAN INCOME TRUST PLC
549300WWOCXSC241W468

The unaudited net asset values for BlackRock North American Income Trust plc at
close of business on 27 June 2019 were:

178.23p  Capital only
179.67p  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 share issuance of 450,000 ordinary shares on 27th June
2019, the Company has 74,374,044 ordinary shares in issue, excluding 25,987,261
which are held in treasury.