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Early Declaration Of Regular Distributions And Special Distribution Announced For BlackRock Municipal 2020 Term Trust

BlackRock Municipal 2020 Term Trust (NYSE:BKK, the “Fund”) today declared monthly distributions for February, March and April 2013 and a special distribution of tax-exempt income payable in April 2013. The applicable dates and amounts are detailed below.

Monthly Distributions:

                 
 
February 2013 Distribution:
Declaration- 1/2/2013 Ex-Date- 2/13/2013 Record- 2/15/2013 Payable- 3/1/2013
 
March 2013 Distribution:
Declaration- 1/2/2013 Ex-Date- 3/13/2013 Record- 3/15/2013 Payable- 4/1/2013
 
April 2013 Distribution:
Declaration- 1/2/2013 Ex-Date- 4/11/2013 Record- 4/15/2013 Payable- 4/30/2013

Monthly Per-Share Distribution Amount:

Fund           Ticker       Distribution      

ChangeFrom PriorDistribution

BlackRock Municipal 2020 Term Trust BKK $0.062250 -

Special Distribution of Tax-Free Income

Declaration- 1/2/2013       Ex-Date- 4/11/2013       Record- 4/15/2013       Payable- 4/30/2013      
 
Fund Ticker Per-Share Distribution
BlackRock Municipal 2020 Term Trust BKK $0.165000

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At September 30, 2012, BlackRock’s AUM was $3.673 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, 2012, the firm has approximately 10,400 employees in 29 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 BlackRock’s website at www.blackrock.com.

Forward-Looking Statements

This press release, and other statements that BlackRock or the Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Fund or 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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