iShares Leads Global ETP Industry Flows with $85.3bn as Investors Turn to ETPs In Record Numbers in 2012

  iShares Leads Global ETP Industry Flows with $85.3bn as Investors Turn to
  ETPs In Record Numbers in 2012

                    Record U.S. iShares inflow of $61.0bn

Business Wire

NEW YORK -- January 7, 2013

BlackRock, Inc. (NYSE: BLK) announced today that its iShares business led the
global industry in 2012 by capturing $85.3bn^1 in new flows of the
record-breaking $262.7bn^2 global Exchange Traded Products (ETP) market flows.

All regions contributed to iShares growth. The iShares U.S. product line led
the way with a record $61.0bn of new assets in 2012, surpassing the previous
record for U.S. iShares ETPs of $59.1bn in 2007. In Europe, the business
captured 56% of all new money entering European ETPs, recording $18.3bn in net
new flows. The iShares Canada business also had a strong year, with its assets
under management (AUM) increasing to $42.0bn, as the broader Canadian market
posted the second highest rate of growth in ETF assets of any region for

iShares global AUM reached $758.6bn^4 as of 31 December 2012.

ETPs are attracting a broader base of global investors than ever before,
driven by regional regulatory developments, deepening ETP liquidity, and
increasing awareness among both retail and institutional clients of the
benefits of ETPs. These efficient tools can be used for strategic and tactical
asset allocation, access to niche exposures and sectors, cash deployment, and
risk management and hedging.

Mark Wiedman, Global Head of iShares commented:

“iShares continues to be the go-to product for all types of investors -- from
capital market participants looking for deep liquidity, to investors seeking
specialized exposures, to a growing segment of the market using ETFs as buy
and hold investment vehicles.”

“As a leading provider, iShares delivers global products in an endeavour to
meet client needs globally. This year, for instance, Asian and Latin American
investors bought more than $10 billion of U.S. and European-domiciled iShares,
in addition to $2.0 billion in locally domiciled iShares.”

“Fixed income was a key driver of flows globally, as investors of all kinds
increasingly adopt ETFs as an essential instrument for accessing the bond
markets. iShares captured $28.8bn globally or 41% of all new flows into fixed
income ETFs.”

For a copy of the complete ETP Landscape Report, please email:

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

About iShares

iShares is a 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 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”).


© 2012 BlackRock. All rights reserved. iSHARES and BLACKROCK are registered
trademarks of BlackRock. All other marks are those of their respective owners.

^1 Source: BlackRock 12/31/12

^2 Source: BlackRock ETP Landscape Report, January 2013

^3 Source: BlackRock 12/31/12

^4 Source: BlackRock; Gross AUM as of 12/31/12


BlackRock, Inc.
Christine Hudacko, 415-670-2687
Diane Henry, 415-670-4567
Melissa Garville, 212-810-5528
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