ESTS Blackrock Sub

THE EASTERN EUROPEAN TRUST PLC

Results of the Second Company General Meeting

The Directors announce that at a general meeting of the Company's shareholders
held today the ordinary resolution authorising the change in the Company's'
investment policy and the special resolution in respect of the tender offer
were duly passed on a show of hands.

In accordance with listing rule 9.6.2R, a copy of the resolutions has been
submitted to the National Storage Mechanism and will shortly be available for
inspection at www.hemscott.com/nsm.do

The number of proxy votes received in favour of the resolutions was as follows:

Resolution 1: 99.97%
Resolution 2: 99.96%

21 June 2013

For further information please contact:
Simon White/Barbara Powley
BlackRock Investment Management (UK) Limited
020 7743 3000

Alex Blake
Winterflood Investment Trusts
020 3100 0297