Important Information Regarding U.S. Withholding Tax

Important Information Regarding U.S. Withholding Tax 
TORONTO, ONTARIO -- (Marketwire) -- 01/18/13 --
(TSX:XAL)(TSX:XCR)(TSX:XGC)(TSX:XGR)(TSX:XHY)(TSX:XIG)(TSX:XPF) 
Seven Canadian iShares(R) Funds managed by BlackRock Asset Management
Canada Limited (the "Funds") invest in one or more U.S. Regulated
Investment Companies ("RICs") that earn and distribute qualified
interest-related dividends. On January 2, 2013, the U.S. President
signed into law the American Taxpayer Relief Act of 2012, (the
"Act"). The Act retroactively extended the U.S. withholding tax
exemption for qualifying income distributed by the relevant RICs to
foreign entities, including the Funds. As a result, the Funds are in
a position to reclaim a portion of the taxes withheld in 2012.  
The Funds will record a tax reclaim receivable amount on January 21,
2013 which will result in an increase in the net asset value and net
asset value per unit of the Funds. 
iShares Funds Which Will Record a Tax Reclaim Receivable Amount 


 
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Fund Name                                                       Fund Ticker 
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iShares Alternatives Completion Portfolio Builder Fund              XAL     
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iShares Conservative Core Portfolio Builder Fund                    XCR     
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iShares Global Completion Portfolio Builder Fund                    XGC     
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iShares Growth Core Portfolio Builder Fund                          XGR     
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iShares U.S. High Yield Bond Index Fund (CAD-Hedged)                XHY     
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iShares U.S. IG Corporate Bond Index Fund (CAD-Hedged)              XIG     
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iShares S&P/TSX North American Preferred Stock Index Fund (CAD-             
Hedged)                                                             XPF     
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Prior to the expiration of the previous law in 2012, the Funds
benefitted from an exemption from U.S. withholding tax on qualifying
income received from investments in RICs. However, this exemption
tentatively expired in 2012 and the Funds were subject to withholding
at a rate of 15% for a portion of the year. Without further changes
in legislation or a further extension of the withholding tax
exemption, the U.S. withholding tax exemption on qualifying income
will expire with respect to distributions paid by US RICs with fiscal
years beginning after December 31, 2013.  
Further information on iShares funds can be found at www.iShares.ca. 
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(R) (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(R). 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(R) ETFs 
The iShares business 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. 
iShares(R) Funds are managed by BlackRock Asset Management Canada
Limited. Commissions, management fees and expenses all may be
associated with investing in iShares Funds. Please read the relevant
prospectus before investing. The Funds are not guaranteed, their
values change frequently and past performance may not be repeated.
Tax, investment and all other decisions should be made, as
appropriate, only with guidance from a qualified professional.  
Commissions, trailing commissions, management fees and expenses all
may be associated with mutual fund investments. Please read the
prospectus before investing. Mutual funds are not guaranteed, their
values change frequently and past performance may not be repeated.
Contacts:
Media Relations Contact:
Veritas Communications
Tara Wood
416-955-4571 or C: 416-301-5724
wood@veritascanada.com
www.blackrock.com
 
 
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