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 28 May 2019 were:

172.46p  Capital only
173.47p  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 200,000 ordinary shares on 22nd May
2019, the Company has 72,749,044 ordinary shares in issue, excluding 27,612,261
which are held in treasury.