NET ASSET VALUEBLACKROCK FRONTIERS INVESTMENT TRUST PLC5493003K5E043LHLO706The unaudited net asset values for BlackRock Frontiers Investment Trust PLC atclose of business on 23 January 2023 were:178.71c Capital only USD (cents)144.45p Capital only Sterling (pence)179.93c Including current year income USD (cents) XD145.44p 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 51,884,770 treasury shares on 31st March2021, the Company has 241,822,801 Ordinary Shares in issue, including52,497,053 which are held in Treasury.