BlackRock Announces Revised Estimated Annual Reinvested Distributions for the iShares(R) Funds

   (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.

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

Contacts: Contact for Media: Veritas Communications Pat Bolland 416-640-3306 or Cell: 416-804-7555 [e-mail]