TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): BlackRock Frontiers Investment Trust (2). Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights: (X) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) (3). Full name of person(s) subject to the notification obligation (iii): BlackRock Global Funds - Emerging Markets Fund (4). Full name of shareholder(s) (if different from 3.) (iv): N/A (5). Date of the transaction and date on which the threshold is crossed or reached (v): 21 February 2013 (6). Date on which issuer notified: 25 February 2013 (7). Threshold(s) that is/are crossed or reached: Holding has gone below 12% (8). Notified details: A: Voting rights attached to shares (viii, ix) Class/type of shares (if possible using the ISIN code): Ordinary Shares: GB00B3SXM832 Situation previous to the triggering transaction: Number of Shares: 12,146,461 Number of Voting rights: 12,146,461 Resulting situation after the triggering transaction: Number of shares: Direct: 11,075,239 Number of voting rights: Direct (xi): 11,075,239 Indirect (xii): N/A % of voting rights (x): Direct: below: 11.69% Indirect: N/A B. Qualifying Financial Instruments Resulting situation after the triggering transaction: Type of financial instrument: Expiration date (xiii): Exercise/Conversion Period (xiv): Number of voting rights that may be acquired if the instrument is exercised/ converted: % of voting rights: C. Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction: Type of financial instrument: Exercise price: Expiration date (xvii): Exercise/Conversion period (xviii): Number of voting rights instrument refers to: % of voting rights (xix, xx): Nominal: Delta: Total (A + B + C): Number of voting rights: 11,075,239 % of voting rights: 11.69% (9). Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi): Proxy Voting: (10). Name of the proxy holder: N/A (11). Number of voting rights proxy holder will cease to hold: N/A (12). Date on which proxy holder will cease to hold voting rights: N/A (13). Additional information: N/A (14). Contact name: Ms S Beynsberger For BlackRock Investment Management (UK) Limited Company Secretary (15). Contact telephone number: 020 7743 2639 25 February 2013 END -0- Feb/25/2013 16:02 GMT
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