Updated Quarter-End Portfolio Data Now Available For BlackRock Tax-Exempt Closed-End Funds

BlackRock Advisors, LLC today announced that quarter-end portfolio data for BlackRock’s tax-exempt closed-end funds (the “Funds”), as of September 30, 2011, is now available to the public on BlackRock’s website at www.blackrock.com.

On an ongoing basis, BlackRock intends to update this quarterly portfolio data for the Funds within approximately 4 to 6 weeks of the end of each calendar quarter. The updated quarterly portfolio data will be available in the “Closed-End Funds” section of www.blackrock.com. Investors and others are advised to periodically check the website for updated portfolio and performance information and the release of other information about the Funds.

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At September 30, 2011, BlackRock’s AUM was $3.345 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, 2011, the firm has approximately 10,200 employees in 27 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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