Net Asset Value(s)

NET ASSET VALUE

BLACKROCK FRONTIERS INVESTMENT TRUST PLC
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The unaudited net asset values for the ordinary shares of BlackRock Frontiers Investment Trust plc at close of business on 26 August 2020 were:

130.75c  Capital only USD (cents)
99.11p  Capital only Sterling (pence)
132.74c  Including current year income USD (cents)
100.62p  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 33,210 ordinary shares on 26th August 2020, the Company has 241,622,801 ordinary shares in issue, excluding 200,000 which are held in treasury