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BlackRock Insured Municipal Term Trust, Inc. Announces Special Distribution

The Board of Directors of BlackRock Insured Municipal Term Trust, Inc. (NYSE:BMT) (the “Fund”) today announced a special tax-exempt income distribution.

Investors in the Fund should consider the distribution declared today, along with the special distribution declared on September 1, 2010 that is also payable on December 29, 2010 and any subsequent liquidating distributions, as part of the final distribution of proceeds in connection with the Fund’s liquidation.

The Fund continues to be managed according to its investment objective to provide current income that is exempt from regular Federal income and to return $10 per share (the initial public offering price per common share) to holders of common shares on or about December 31, 2010.

Details are as follows:

Declaration- 12/1/2010   Ex-Date- 12/13/2010   Record- 12/15/2010   Payable- 12/29/2010

Fund   Ticker   Dividend
BlackRock Insured Municipal Term Trust, Inc. BMT $0.160000
 

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At September 30, 2010, BlackRock’s assets under management were $3.446 trillion. BlackRock offers products that span the risk spectrum to meet clients’ needs, including active, enhanced and index strategies across markets and asset classes. Products are offered in a variety of structures including separate accounts, mutual funds, iShares ® (exchange traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions ®. Headquartered in New York City, as of September 30, 2010, the firm has approximately 8,900 employees in 24 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the firm’s website at www.blackrock.com.

Forward-Looking Statements

This press release, and other statements that BlackRock may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions.

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