BlackRock Asset Management Canada Limited (iShares)
TSX : XAL
TSX : XBB
TSX : XCB
TSX : XCG
TSX : XCR
TSX : XCS
TSX : XCV
TSX : XDV
TSX : XEG
TSX : XEM
TSX : XEN
TSX : XBZ
TSX : XLA
TSX : XID
TSX : XCH
TSX : XIG
TSX : XHY
TSX : XHB
TSX : XPF
TSX : XFN
TSX : XGB
TSX : XGC
TSX : XGD
TSX : XGR
TSX : XIC
TSX : XIN
TSX : XIT
TSX : XIU
TSX : XLB
TSX : XMA
TSX : XMD
TSX : XRB
TSX : XRE
TSX : XSB
TSX : XSP
TSX : XSU
TSX : XTR
TSX : XWD

BlackRock Asset Management Canada Limited (iShares)

December 17, 2010 16:09 ET

CORRECTION FROM SOURCE: BlackRock Announces Revised Estimated Annual Reinvested Distributions for the iShares® Funds

TORONTO, ONTARIO--(Marketwire - Dec. 17, 2010) - A correction from source is being issued with respect to the BlackRock Asset Management Canada Limited release that was issued December 17th, 2010 at 13:39 ET. The fund name under the symbol XTR was called iShares S&P/TSX Income Trust Index Fund but should have been iShares Diversified Monthly Income Fund. The correct version follows:

(TSX:XAL)(TSX:XBB)(TSX:XBZ)(TSX:XCB)(TSX:XCG)(TSX:XCH)(TSX:XCR)(TSX:XCS)(TSX:XCV)(TSX:XDV)(TSX:XEG)(TSX:XEM)(TSX:XEN)(TSX:XFN)(TSX:XGB)(TSX:XGC)(TSX:XGD)(TSX:XGR)(TSX:XHB)(TSX:XHY)(TSX:XIC)(TSX:XID)(TSX:XIG)(TSX:XIN)(TSX:XIT)(TSX:XIU)(TSX:XLA)(TSX:XLB)(TSX:XMA)(TSX:XMD)(TSX:XPF)(TSX:XRB)(TSX:XRE)(TSX:XSB)(TSX:XSP)(TSX:XSU)(TSX:XTR)(TSX:XWD)

BlackRock Asset Management Canada Limited announces today the revised estimated annual reinvested distributions for the iShares exchange-traded funds for the 2010 tax year. These annual reinvested distributions generally represent realized capital gains within the funds. The reinvested distributions are not paid in cash but will be reported as taxable distributions and can be used to increase the investor's adjusted cost base of the fund. These estimated reinvested distributions do not include the fourth quarter cash distributions which are reported in a separate press release. These estimates replace the previous estimates issued in a press release dated November 18, 2010.

Unitholders of record on December 30, 2010 will receive reinvested distributions payable on December 31, 2010. The ex-dividend date will be December 24, 2010. The actual taxable amounts of reinvested and cash distributions for 2010, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) early in 2011. 

The following chart shows the estimated annual reinvested distributions per unit for each of the iShares funds.

Fund Name   Fund Ticker   Estimated Reinvested Distribution Per Unit to Dec 15, 2010 ($)   Percent of December 15, 2010 NAV per unit
iShares Alternatives Completion Portfolio Builder Fund   XAL   0.54409   2.20%
iShares DEX Universe Bond Index Fund   XBB   0.02433   0.08%
iShares MSCI Brazil Index Fund   XBZ   -   0.00%
iShares DEX All Corporate Bond Index Fund   XCB   0.27896   1.37%
iShares Dow Jones Canada Select Growth Index Fund   XCG   -   0.00%
iShares China Index Fund   XCH   -   0.00%
iShares Conservative Core Portfolio Builder Fund   XCR   0.51478   2.31%
iShares S&P®/TSX® SmallCap Index Fund   XCS   0.74867   4.11%
iShares Dow Jones Canada Select Value Index Fund   XCV   0.10756   0.52%
iShares Dow Jones Canada Select Dividend Index Fund   XDV   -   0.00%
iShares S&P/TSX Capped Energy Index Fund   XEG   -   0.00%
iShares MSCI Emerging Markets Index Fund   XEM   0.00190   0.01%
iShares Jantzi Social Index Fund   XEN   -   0.00%
iShares S&P/TSX Capped Financials Index Fund   XFN   0.02681   0.12%
iShares DEX All Government Bond Index Fund   XGB   0.04154   0.20%
iShares Global Completion Portfolio Builder Fund   XGC   0.17425   0.73%
iShares S&P/TSX Global Gold Index Fund   XGD   0.56693   2.17%
iShares Growth Core Portfolio Builder Fund   XGR   0.46390   1.95%
iShares DEX HYBrid Bond Index Fund   XHB   -   0.00%
iShares U.S. High Yield Bond Index Fund (CAD-Hedged)   XHY   0.38348   1.88%
iShares S&P/TSX Capped Composite Index Fund   XIC   -   0.00%
iShares S&P CNX Nifty India Index Fund   XID   -   0.00%
iShares U.S. IG Corporate Bond Index Fund   XIG   0.70040   3.45%
iShares MSCI EAFE Index Fund (CAD-Hedged)   XIN   -   0.00%
iShares S&P/TSX Capped Information Technology Index Fund   XIT   -   0.00%
iShares S&P/TSX 60 Index Fund   XIU   -   0.00%
iShares S&P Latin America 40 Index Fund   XLA   -   0.00%
iShares DEX Long Term Bond Index Fund   XLB   -   0.00%
iShares S&P/TSX Capped Materials Index Fund   XMA   -   0.00%
iShares S&P/TSX Completion Index Fund   XMD   -   0.00%
iShares S&P/TSX North American Preferred Stock Index Fund (CAD-Hedged)   XPF   -   0.00%
iShares DEX Real Return Bond Index Fund   XRB   0.42108   1.96%
iShares S&P/TSX Capped REIT Index Fund   XRE   -   0.00%
iShares DEX Short Term Bond Index Fund   XSB   -   0.00%
iShares S&P 500 Index Fund (CAD-Hedged)   XSP   0.32207   2.26%
iShares Russell 2000® Index Fund (CAD-Hedged)   XSU   -   0.00%
iShares Diversified Monthly Income Fund   XTR   -   0.00%
iShares MSCI World Index Fund   XWD   0.00559   0.02%

Further information on iShares funds can be found at www.iShares.ca.

Possible changes to reinvested distribution per unit amounts

The amounts shown above could change if the iShares funds experience subscriptions or redemptions prior to the December 24, 2010 ex-dividend date. BlackRock Asset Management Canada Limited will issue a final press release on December 24, 2010 which will provide the final amounts.

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 AUM was $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 Company's website at www.blackrock.com.

About iShares ETFs

The iShares business is a global product leader in ETFs with over 410 funds globally across equities, fixed income and commodities, which trade on 16 exchanges worldwide. The iShares funds are bought and sold like common stocks on securities exchanges. The iShares funds are attractive to many individual and institutional investors and financial intermediaries because of their relative low cost, tax efficiency and trading flexibility. Investors can purchase and sell securities through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account. The iShares customer base consists of the institutional segment of pension plans and fund managers, as well as the retail segment of financial advisors. 

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