Source - PRN
NET ASSET VALUE

BLACKROCK FRONTIERS INVESTMENT TRUST PLC
5493003K5E043LHLO706

The unaudited net asset values for the ordinary shares of BlackRock Frontiers
Investment Trust plc at close of business on 13 June 2018 were:

196.41c Capital only USD (cents)
146.94p Capital only Sterling (pence)
200.95c Including current year income USD (cents) XD
150.33p Including current year income Sterling (pence) 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 1,800,000 ordinary shares on 13 June 2018,
the Company has 197,291,108 ordinary shares in issue .