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 8 August 2019 were:

185.93p  Capital only
188.02p  Including current year income

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 100,000 ordinary shares on 29th July
2019, the Company has 76,574,044 ordinary shares in issue, excluding 23,787,261
which are held in treasury.