BlackRock California Investment Quality Municipal Trust Inc. Announces Special Distribution

BlackRock Advisors, LLC announced today that BlackRock California Investment Quality Municipal Trust Inc. (NYSE Amex:RAA) has declared a special distribution of tax-exempt income. This distribution is inclusive of RAA’s regular September monthly distribution.

Additional information is available below.

Declaration- 9/1/2010   Ex-Date- 9/13/2010   Record- 9/15/2010   Payable- 9/29/2010

 

Fund

        
        
           
        
        
          Ticker
        
        
           
        
        
           
        
        
          

Per-Share Tax-Free

Distribution

        
        
        
      
      
        
          BlackRock California Investment Quality Municipal Trust Inc.
        
        
           
        
        
          RAA
        
        
           
        
        
           
        
        
          $0.220000
        
        
        
      
      
        
        
        
           
        
        
        
        
           
        
        
           
        
        
        
        
        
      
    
    

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At June 30, 2010, BlackRock’s AUM was $3.151 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 June 30, 2010, the firm has approximately 8,500 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

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BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

With respect to each Fund, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes in political, economic or industry conditions, the interest rate environment or financial and capital markets, which could result in changes in the Fund’s net asset value; (2) the performance of the Fund’s investments; (3) the impact of increased competition; (4) the extent and timing of any distributions or share repurchases; (5) the impact of legislative and regulatory actions and reforms and regulatory, supervisory or enforcement actions of government agencies relating to the Fund or BlackRock, as applicable; and (6) BlackRock’s ability to attract and retain highly talented professionals.

The Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on our website is not a part of this press release.