NET ASSET VALUEBLACKROCK FRONTIERS INVESTMENT TRUST PLC5493003K5E043LHLO706The unaudited net asset values for BlackRock Frontiers Investment Trust PLC atclose of business on 31 December 2020 were:162.93c Capital only USD (cents)119.20p Capital only Sterling (pence)163.86c Including current year income USD (cents) XD119.88p Including current year income Sterling (pence) XDNotes:1.        Investments have been valued on a bid price basis.2.        Revenue items included in net asset value, with dividends payablededucted on the ex-dividend date.3.        Following the buyback of 35,000 ordinary shares on 17th September2020, the Company has 241,210,518 ordinary shares in issue, excluding 612,283which are held in treasury