Barclays Canada Announces Final Annual Reinvested Distributions for the iShares Funds

  Barclays Global Investors Canada Limited (iShares)(TSX: XBB)(TSX: XCB)(TSX: XCG)(TSX: XCV)(TSX: XDV)(TSX: XEG)(TSX: XFN)(TSX: XGB)(TSX: XGD)(TSX: XIC)(TSX: XIN)(TSX: XIT)(TSX: XIU)(TSX: XLB)(TSX: XMA)(TSX: XMD)(TSX: XRB)(TSX: XRE)(TSX: XSB)(TSX: XSP)(TSX: XTR)(TSX: XSU)(TSX: XEN)(TSX: XCS)(TSX: XCR)(TSX: XGR)(TSX: XGC)(TSX: XAL) -

Barclays Global Investors Canada Limited (Barclays Canada) announces today the final annual reinvested distributions for the iShares® exchange traded funds. These annual reinvested distributions generally represent realized capital gains within the funds or special dividends received by 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. The net asset value and the number of units outstanding for each iShares Fund will not change as a result of these reinvested distributions. These reinvested distributions do not include the fourth quarter cash distributions which were reported in a separate press release dated December 17, 2008.

Unitholders of record on December 30, 2008 will receive reinvested distributions payable on December 31, 2008. The ex-dividend date will be December 24, 2008. The actual taxable amounts of reinvested and cash distributions for 2008, including the tax characteristics of the distributions, will be reported to brokers (through the CDS Clearing and Depository Services Inc.) early in 2009.

The following chart shows the final annual reinvested distributions per unit for each of the iShares Funds.

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                                                           Final Reinvested
Fund Name                                           Fund   Distribution Per
                                                  Ticker   Unit for 2008 ($)
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iShares CDN Bond Index Fund                          XBB            0.00000
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iShares CDN Corporate Bond Index Fund                XCB            0.00000
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iShares CDN Growth Index Fund                        XCG            0.02413
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iShares CDN S&P/TSX Small Cap Index Fund             XCS            0.00368
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iShares CDN Value Index Fund                         XCV            0.00000
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iShares CDN Dividend Index Fund                      XDV            0.00000
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iShares CDN Energy Sector Index Fund                 XEG            0.00000
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iShares CDN Jantzi Social Fund                       XEN            0.01413
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iShares CDN Financial Sector Index Fund              XFN            0.00300
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iShares CDN Government Bond Index Fund               XGB            0.00000
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iShares CDN S&P/TSX Global Gold Index Fund           XGD            0.00000
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iShares CDN Composite Index Fund                     XIC            0.00371
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iShares CDN MSCI EAFE Index Fund                     XIN            0.00000
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iShares CDN Tech Sector Index Fund                   XIT            0.80222
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iShares CDN LargeCap 60 Index Fund                   XIU            0.14652
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iShares CDN Long Bond Index Fund                     XLB            0.00000
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iShares CDN Materials Sector Index Fund              XMA            0.08137
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iShares CDN Completion Index Fund                    XMD            0.00062
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iShares CDN Real Return Bond Index Fund              XRB            0.43942
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iShares CDN REIT Sector Index Fund                   XRE            0.01513
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iShares CDN Short Bond Index Fund                    XSB            0.00000
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iShares CDN S&P 500 Index Fund                       XSP            0.00000
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iShares CDN Russell 2000 Index Fund                  XSU            0.00000
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iShares CDN Income Trust Sector Index Fund           XTR            0.00061
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iShares Conservative Core Portfolio Builder Fund     XCR            0.01328
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iShares Growth Core Portfolio Builder Fund           XGR            0.02022
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iShares Global Completion Portfolio Builder Fund     XGC            0.02038
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iShares Alternatives Completion Portfolio
 Builder Fund                                        XAL            0.03016
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About Barclays Canada

Barclays Canada is an indirect subsidiary of Barclays PLC and part of Barclays Global Investors (BGI), a division of Barclays PLC and one of the largest institutional investment managers in the world and the largest manager of index funds and exchange traded funds (ETFs). BGI leads the world in ETFs, with over 200 iShares Funds representing over $290 (USD) billion in assets. As at November 30, 2008, Barclays Canada managed over $53 billion in Canadian assets and in other assets for Canadian clients, including over $14 billion in the TSX-listed iShares Funds. Barclays Canada has offices in Toronto and Montreal.

Contacts: Contact for Media: Narrative Advocacy Media Lindsay Mattick-Davidson [phone] or C - [phone] Email: [e-mail] All other inquiries: 1-866-iShares (1-866-474-2737) Email: [e-mail]