BlackRock Announces March Monthly Cash Distributions for the iShares(R) Funds

  (TSX: XBB)(TSX: XCB)(TSX: XCG)(TSX: XCS)(TSX: XCV)(TSX: XDV)(TSX: XEG)(TSX: XEN)(TSX: XFN)(TSX: XGB)(TSX: XGD)(TSX: XIC)(TSX: XIT)(TSX: XIU)(TSX: XLB)(TSX: XMA)(TSX: XMD)(TSX: XRE)(TSX: XSB)(TSX: XTR)(TSX: XHB)(TSX: XHY)(TSX: XIG)(TSX: XPF)

BlackRock Asset Management Canada Limited, an indirect, wholly owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the March 2011 cash distributions for the iShares funds listed on the Toronto Stock Exchange. Unitholders of record on March 29, 2011 will receive cash distributions payable on March 31, 2011. Details of the "per unit" distribution amounts are as follows:

----------------------------------------------------------------------------
                                                                        Cash
                                                         Fund   Distribution
Fund Name                                              Ticker   Per Unit ($)
----------------------------------------------------------------------------
iShares DEX Universe Bond Index Fund                      XBB        0.08904
----------------------------------------------------------------------------
iShares DEX All Corporate Bond Index Fund                 XCB        0.07019
----------------------------------------------------------------------------
iShares Dow Jones Canada Select Growth Index Fund         XCG        0.06365
----------------------------------------------------------------------------
iShares S&P®/TSX® SmallCap Index Fund                 XCS        0.04786
----------------------------------------------------------------------------
iShares Dow Jones Canada Select Value Index Fund          XCV        0.17516
----------------------------------------------------------------------------
iShares Dow Jones Canada Select Dividend Index Fund       XDV        0.08018
----------------------------------------------------------------------------
iShares S&P/TSX Capped Energy Index Fund                  XEG        0.06967
----------------------------------------------------------------------------
iShares Jantzi Social Index Fund                          XEN        0.10115
----------------------------------------------------------------------------
iShares S&P/TSX Capped Financials Index Fund              XFN        0.05609
----------------------------------------------------------------------------
iShares DEX All Government Bond Index Fund                XGB        0.05404
----------------------------------------------------------------------------
iShares S&P/TSX Global Gold Index Fund                    XGD        0.00000
----------------------------------------------------------------------------
iShares S&P/TSX Capped Composite Index Fund               XIC        0.13766
----------------------------------------------------------------------------
iShares S&P/TSX Capped Information Technology Index
 Fund                                                     XIT        0.00000
----------------------------------------------------------------------------
iShares S&P/TSX 60 Index Fund                             XIU        0.11889
----------------------------------------------------------------------------
iShares DEX Long Term Bond Index Fund                     XLB        0.06934
----------------------------------------------------------------------------
iShares S&P/TSX Capped Materials Index Fund               XMA        0.00000
----------------------------------------------------------------------------
iShares S&P/TSX Completion Index Fund                     XMD        0.13415
----------------------------------------------------------------------------
iShares S&P/TSX Capped REIT Index Fund                    XRE        0.06083
----------------------------------------------------------------------------
iShares DEX Short Term Bond Index Fund                    XSB        0.07401
----------------------------------------------------------------------------
iShares Diversified Monthly Income Fund                   XTR        0.06000
----------------------------------------------------------------------------
iShares DEX HYBrid Bond Index Fund                        XHB        0.08642
----------------------------------------------------------------------------
iShares U.S. High Yield Bond Index Fund (CAD-Hedged)      XHY        0.12842
----------------------------------------------------------------------------
iShares U.S. IG Corporate Bond Index Fund                 XIG        0.07840
----------------------------------------------------------------------------
iShares S&P/TSX North American Preferred Stock Index
 Fund (CAD-Hedged)                                        XPF        0.07591
----------------------------------------------------------------------------

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, 2010, BlackRock's AUM was US $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 the 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.

Contacts: Contact for Media: Veritas Communications Lisa An 416-955-4587 or C - 647-292-2478 [e-mail]