iShares Launches Core ETFs for International Equity and Fixed Income Exposure

  iShares Launches Core ETFs for International Equity and Fixed Income
  Exposure

    Complements Six Existing Core Series ETFs with Competitive Pricing for
                             Long-Term Investors

Business Wire

NEW YORK -- October 22, 2012

BlackRock, Inc. (NYSE: BLK) announced today that its iShares Exchange Traded
Funds (ETFs) business, the world’s largest manager of ETFs^1, has launched
four new core funds designed to meet the needs of long-term investors looking
for exposure to international equities and U.S. fixed income.

The funds that launched today will trade on NYSEAcra:

Exposure       Fund name       Ticker  Management  Index
                                          fees
               iShares Core                        MSCI ACWI ex USA
International   MSCI Total       IXUS     0.16%        Investable Market
Equity         International                       Index (IMI)
                Stock ETF
International   iShares Core                           MSCI Emerging Markets
Equity          MSCI Emerging    IEMG     0.18%        Investable Market
               Markets ETF                         Index (IMI)
International   iShares Core     IEFA     0.14%        MSCI EAFE Investable
Equity         MSCI EAFE ETF                       Market Index (IMI)
                iShares Core                           Barclays U.S. 1-5
U.S. Fixed      Short-Term       ISTB     0.12%        Year
Income          U.S. Bond ETF                          Government/Credit     
                                                   Bond Index

These new funds will complement the six existing funds in the iShares Core
Series. This suite combines competitive pricing with diversified,
tax-efficient products. The iShares Core Series is designed to provide broad
equity and fixed-income exposure, and allow long-term investors to tailor the
mix of funds in their portfolio to match their individual choice.

Patrick Dunne, iShares Head of Global Markets & Investments commented, “The
iShares Core Series demonstrates our commitment to delivering quality products
that help investors navigate today’s volatile markets. These products are
designed to meet the needs of long-term investors for cost-effective solutions
combined with the liquidity and tax efficiency investors expect from iShares.

“All three iShares Core international equity ETFs track segments of the
flagship MSCI ACWI Investable Market Index (IMI), providing investors access
to some of the broadest exposure available in the global equity universe
today. The iShares Core Short-Term U.S. Bond ETF tracks the Barclays U.S. 1-5
Year Government/Credit Bond Index, to further meet the needs of investors
using ETFs for targeted fixed income exposure.”

About BlackRock

BlackRock is a leader in investment management, risk management and advisory
services for institutional and retail clients worldwide. At September 30,
2012, BlackRock’s AUM was $3.673 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, 2012, the firm has approximately 10,400
employees in 29 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

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.

Carefully consider the iShares Funds’ investment objectives, risk factors, and
charges and expenses before investing. This and other information can be found
in the Funds’ prospectuses, which may be obtained by calling 1-800-iShares
(1-800-474-2737) or by visiting www.iShares.com. Read the prospectus carefully
before investing.

Investing involves risk, including possible loss of principal.

The iShares Funds are distributed by BlackRock Investments, LLC (together with
its affiliates, “BlackRock”).

In addition to the normal risks associated with investing, international
investments may involve risk of capital loss from unfavorable fluctuation in
currency values, from differences in generally accepted accounting principles
or from economic or political instability in other nations. Emerging markets
involve heightened risks related to the same factors as well as increased
volatility and lower trading volume.

Bonds and bond funds will decrease in value as interest rates rise and are
subject to credit risk, which refers to the possibility that the debt issuers
may not be able to make principal and interest payments or may have their debt
downgraded by ratings agencies. Diversification is no guarantee against market
loss. Transactions in shares of the iShares Funds will result in brokerage
commissions and will generate tax consequences. iShares Funds are obliged to
distribute portfolio gains to shareholders. There can be no assurance that an
active trading market for shares of an ETF will develop or be maintained.

BlackRock does not provide tax advice. Please note that (i) any discussion of
U.S. tax matters contained in this communication cannot be used by you for the
purpose of avoiding tax penalties; (ii) this communication was written to
support the promotion or marketing of the matters addressed herein; and (iii)
you should seek advice based on your particular circumstances from an
independent tax advisor.

The iShares Funds are not sponsored, endorsed, issued, sold or promoted MSCI
Inc., nor are they sponsored, endorsed or issued by Barclays Capital Inc. None
of these companies make any representation regarding the advisability of
investing in the Funds. BlackRock is not affiliated with the companies listed
above.

^1 BlackRock ETP Landscape Report – September 2012

Contact:

BlackRock, Inc.
Christine Hudacko, 415-670-2687
christine.hudacko@blackrock.com
Melissa Garville, 212-810-5528
melissa.garville@blackrock.com
 
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