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 23 September 2020 were:

159.75p  Capital only
160.37p  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 Buyback of 25,000 ordinary shares on 22nd September
2020, the Company has 80,304,044 ordinary shares in issue, excluding
20,057,261  which are held in treasury.