BlackRock Canada Announces Special Capital Gains Distributions for Certain Forward-Using iShares(R) Funds

(TSX:CAB)(TSX:CAB.A)(TSX:CYH)(TSX:CYH.A) - 

BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect,
wholly owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced special
capital gains distributions for the 2013 tax year for the iShares Advantaged
Canadian Bond Index Fund ("CAB") and the iShares Global Monthly Advantaged
Dividend Index Fund ("CYH"). 




----------------------------------------------------------------------------
                                                          Special Reinvested
                                                            Distribution Per
Fund Name                                  Fund Ticker                  Unit
----------------------------------------------------------------------------
iShares Advantaged Canadian Bond Index                                      
 Fund                                              CAB               1.13514
                                         -----------------------------------
                                                 CAB.A               0.47319
----------------------------------------------------------------------------
iShares Global Monthly Advantaged                                           
 Dividend Index Fund                               CYH               3.92992
                                         -----------------------------------
                                                 CYH.A               4.06333
----------------------------------------------------------------------------



These are special capital gains distributions, which will be paid in the form of
reinvested distributions. Reinvested distributions will be automatically
reinvested in additional units of the respective funds rather than paid in cash,
and do not include ongoing monthly, quarterly, or semi-annual cash distribution
amounts or any additional capital gains distributions. The additional units will
be immediately consolidated with the previously outstanding units such that the
number of outstanding units following the distribution will equal the number of
units outstanding prior to the distribution.


The ex-dividend date for the special capital gains distributions will be
November 26, 2013. The record date for the special capital gains distributions
will be November 28, 2013, payable on December 3, 2013. The actual taxable
amounts of these reinvested special distributions will be reported to brokers
(through CDS Clearing and Depository Services, Inc. or "CDS") in early 2014. 


On September 17, 2013, BlackRock Canada announced changes to seven forward-using
iShares Funds, including CAB and CYH, in response to proposed new federal
taxation rules that would deem gains on the settlement of certain forward
agreements to be included in ordinary income rather than treated as capital
gains. Each of CAB and CYH obtains exposure to a reference portfolio through a
forward agreement. In connection with the changes made to CAB and CYH, their
respective forward agreements were terminated in the fourth quarter of 2013.
Each of CYH and CAB experienced significant capital gains in 2013 due primarily
to the appreciation in value of its reference portfolio that was realized upon
the termination of its forward agreement. 


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

About BlackRock 

BlackRock is a leader in investment management, risk management and advisory
services for institutional and retail clients worldwide. At September 30, 2013,
BlackRock's AUM was US$4.096 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(R) (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(R). Headquartered in New
York City, as of September 30, 2013, the firm has approximately 11,200 employees
in 30 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

iShares is the global product leader in exchange traded funds with over 600
funds globally across equities, fixed income and commodities, which trade on 20
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 shares 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 and high net worth individuals.


iShares(R) Funds are managed by BlackRock Asset Management Canada Limited.
Commissions, management fees and expenses all may be associated with investing
in iShares Funds. Please read the relevant prospectus before investing. The ETFs
are not guaranteed, their values change frequently and past performance may not
be repeated. Tax, investment and all other decisions should be made, as
appropriate, only with guidance from a qualified professional. 


(C) 2013 BlackRock Asset Management Canada Limited. All rights reserved.
iSHARES(R) and BLACKROCK(R) are registered trademarks of BlackRock, Inc., or its
subsidiaries in the United States and elsewhere. Used with permission.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Contact for Media:
Veritas Communications
Maeve Hannigan
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C - 647-618-8621
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