BlackRock Asset Management Canada Limited Announces Revised Estimated Annual Reinvested Distributions for the iShares(R) Funds

  (TSX: XAL)(TSX: XBB)(TSX: XCB)(TSX: XCG)(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: 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 announces today the revised estimated annual reinvested distributions for the iShares exchange traded funds for the 2009 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 December 2, 2009.

Unitholders of record on December 30, 2009 will receive reinvested distributions payable on December 31, 2009. The ex-dividend date will be December 24, 2009. The actual taxable amounts of reinvested and cash distributions for 2009, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) early in 2010.

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

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                                                Estimated      Percent of
                                                Reinvested    December 15,
                                               Distribution   2009 NAV per
                                             Per Unit to Dec      unit
Fund Name                         Fund Ticker  15, 2009 ($)
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iShares Alternatives Completion
Portfolio Builder Fund                XAL        0.24352         1.02%
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iShares CDN Bond Index Fund           XBB           -            0.00%
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iShares CDN Corporate Bond Index
Fund                                  XCB        0.20956         1.02%
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iShares CDN Growth Index Fund         XCG           -            0.00%
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iShares Conservative Core
Portfolio Builder Fund                XCR        0.11651         0.54%
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iShares CDN S&P/TSX Small Cap
Index Fund                            XCS           -            0.00%
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iShares CDN Value Index Fund          XCV           -            0.00%
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iShares CDN Dividend Index Fund       XDV           -            0.00%
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iShares CDN Energy Sector Index
Fund                                  XEG           -            0.00%
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iShares CDN MSCI Emerging Markets
Index Fund                            XEM           -            0.00%
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iShares CDN Jantzi Social Fund        XEN           -            0.00%
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iShares CDN Financial Sector Index
Fund                                  XFN           -            0.00%
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iShares CDN Government Bond Index
Fund                                  XGB        0.00698         0.03%
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iShares Global Completion
Portfolio Builder Fund                XGC           -            0.00%
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iShares CDN S&P/TSX Global Gold
Index Fund                            XGD           -            0.00%
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iShares Growth Core Portfolio
Builder Fund                          XGR           -            0.00%
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iShares CDN Composite Index Fund      XIC           -            0.00%
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iShares CDN MSCI EAFE Index Fund      XIN           -            0.00%
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iShares CDN Tech Sector Index Fund    XIT           -            0.00%
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iShares CDN LargeCap 60 Index Fund    XIU           -            0.00%
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iShares CDN Long Bond Index Fund      XLB           -            0.00%
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iShares CDN Materials Sector Index
Fund                                  XMA           -            0.00%
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iShares CDN Completion Index Fund     XMD           -            0.00%
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iShares CDN Real Return Bond Index
Fund                                  XRB        0.01599         0.08%
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iShares CDN REIT Sector Index Fund    XRE           -            0.00%
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iShares CDN Short Bond Index Fund     XSB        0.07262         0.25%
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iShares CDN S&P 500 Index Fund        XSP           -            0.00%
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iShares CDN Russell 2000 Index
Fund                                  XSU           -            0.00%
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iShares CDN Income Trust Sector
Index Fund                            XTR           -            0.00%
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iShares CDN MSCI World Index Fund     XWD           -            0.00%
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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 24th ex-dividend date. BlackRock Asset Management Canada Limited will issue a final press release on December 24, 2009 which will provide the final amounts.

About BlackRock Asset Management Canada Limited

BlackRock Asset Management Canada Limited and its affiliates worldwide ("BlackRock") is one of the largest institutional investment managers in the world. BlackRock leads the world in managing index funds and exchange traded funds (ETFs), with over 200 iShares Funds representing $488 billion in assets. As at September 30, 2009, BlackRock Asset Management Canada Limited managed over $69 billion in Canadian assets and in other assets for Canadian clients, including over $22 billion in the TSX-listed iShares Funds. BlackRock Asset Management Canada Limited has offices in Toronto and Montreal.

Contacts: Contact for Media: Lisa An 416-955-4587 [e-mail] All other inquiries: 1-866-iShares (1-866-474-2737) [e-mail]