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Early Declaration Of Regular Distributions And Declaration Of Special Distributions Announced For Certain BlackRock Closed-End Funds

The Boards of Directors/Trustees of the BlackRock closed-end funds listed below (the “Funds”) announced the early declaration of regular monthly distributions and declaration of special distributions. Details are as follows:

Early Declaration of Regular Monthly Distributions:

Three tax-exempt Funds declared regular monthly distributions for October, November and December 2010. The applicable dates and amounts are detailed below.

Dates:      
October 2010 Distribution:
Declaration – 9/1/10 Ex-Date – 10/13/10 Record Date – 10/15/10 Payable Date – 11/01/10
 
November 2010 Distribution:
Declaration – 9/1/10 Ex-Date – 11/10/10 Record Date – 11/15/10 Payable Date – 12/01/10
 
December 2010 Distribution:
Declaration – 9/1/10 Ex-Date – 12/13/10 Record Date – 12/15/10 Payable Date – 12/31/10
         
Fund   Ticker   Monthly Distribution
BlackRock California Municipal 2018 Term Trust   BJZ   $0.072000
BlackRock New York Municipal 2018 Term Trust, Inc.   BLH   $0.082000
BlackRock Municipal 2018 Term Trust   BPK   $0.078000
   

The following tax-exempt Fund also declared regular monthly distributions for October, November and December 2010, but has a different payable schedule in December 2010. The applicable dates and amount are detailed below.

Dates:      
October 2010 Distribution:
Declaration – 9/1/10 Ex-Date – 10/13/10 Record Date – 10/15/10 Payable Date – 11/01/10
 
November 2010 Distribution:
Declaration – 9/1/10 Ex-Date – 11/10/10 Record Date – 11/15/10 Payable Date – 12/01/10
 
December 2010 Distribution:
Declaration – 9/1/10 Ex-Date – 12/13/10 Record Date – 12/15/10 Payable Date – 12/29/10
         
Fund   Ticker   Monthly Distribution
BlackRock Insured Municipal Term Trust, Inc.   BMT   $0.005000
   

Declaration of Special Tax-Free Distributions:

The following Funds declared special tax-free income distributions as detailed below.

Dates:      
Declaration – 9/1/10 Ex-Date – 12/13/10 Record Date – 12/15/10 Payable Date – 12/31/10
         
Fund   Ticker   Special Tax-Free Distribution
BlackRock New York Municipal 2018 Term Trust, Inc.   BLH   $0.073000
   
Declaration – 9/1/10   Ex-Date – 12/13/10   Record Date – 12/15/10   Payable Date – 12/29/10
         
Fund   Ticker   Special Tax-Free Distribution
BlackRock Insured Municipal Term Trust, Inc.   BMT   $0.237000
   

Investors in BMT should consider the distributions payable on December 29, 2010, along with any subsequent liquidating distributions, as part of the final distribution of proceeds in connection with the fund’s scheduled maturity on or about December 31, 2010.

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