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:
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