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iShares Australia makes new senior appointment

Announcement posted by FCR (Financial & Corporate Relations Pty Limited) 14 Sep 2011

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iShares Australia makes new senior appointment
Sydney, September 14, 2011 – BlackRock Investment Management (Australia) Limited, a wholly owned subsidiary of BlackRock Inc. (NYSE: BLK) today announced that iShares, its world-leading exchange traded fund (ETF) business*, has made a recent senior appointment to its Product and Capital Markets team in Australia.

Jonathan Howie has joined the iShares Product and Capital Markets team as Director, supporting the distribution of iShares ETFs. Jonathan will assist with the development of technical and product-specific content and management of iShares broker/dealer relationships.

Jonathan joined BlackRock from Macquarie Bank, where he held a position within the equities structured products business for two and a half years and more recently on the Delta 1 trading desk. Jonathan holds an MBA from Macquarie University.

The iShares Capital Markets team works with clients to assist with execution and trading strategies and partners with participating dealers to provide investor support in areas such as price improvement and to access liquidity.

The iShares Australian Capital Markets team is part of the Asia Pacific Capital Markets Group and complements well established teams in the US and in Europe. This global coverage model enables iShares' ability to provide round-the-clock support to its international base of clients and products.

Mark Oliver, managing director, iShares Australia said: “We are delighted that Jonathan has joined the iShares team to further our commitment to education and specialist support for ETF investors.
“As the Australian ETF industry grows, and new asset classes become available, I believe  transparency, education and investor support will become increasingly important.  iShares is absolutely committed to building investor awareness and confidence in trading ETFs,” Mr Oliver concluded.
Further information is available at www.iShares.com.au

BACKGROUND INFORMATION

*Source: BlackRock ETF Landscape Industry Highlights, July 2011

About iShares - iShares is the global product leader in exchange traded funds with over 460 funds globally across equities, fixed income and commodities, which trade on 19 exchanges worldwide. In Australia, iShares has 19 ETFs cross-listed on the Australian Securities Exchange (ASX) and 4 domestic ETFs quoted on the ASX, across both domestic and international indices. iShares ETFs were first launched in Australia in October 2007. The iShares funds can be attractive to many individual and institutional investors and financial intermediaries because of their relative low cost, liquidity and trading flexibility. Investors can purchase and sell shares or units (as the case may be) through any brokerage firm, financial adviser, or online broker, and hold the funds in any type of brokerage account. The iShares customer base consists of the institutional segment of superannuation plans and fund managers, as well as the retail segment of individual investors. Visit iShares.com.au for further information.

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide.  At June 30, 2011, BlackRock’s AUM was $3.659 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 June 30, 2011, the firm has approximately 9,700 employees in 26 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 BlackRock's Investment Institute
The BlackRock Investment Institute is a global platform designed to leverage BlackRock's expertise in markets, asset classes and client segments to generate independent investment insights for BlackRock's clients and investment professionals. The Institute aspires to “connect the dots” – the investment perspectives, ideas and resources from individuals and teams within our firm around the world – and share the resulting insights. BlackRock's highly regarded ETF research is an indispensable source of objective, trusted data and analysis for our clients, the firm, and the ETF industry as a whole.

IMPORTANT INFORMATION
Before investing in an iShares exchange traded fund, you should carefully consider whether such products are appropriate for you, read the applicable prospectus or product disclosure statement (“PDS”) available at iShares.com.au and consult an investment adviser.
Issued by BlackRock Asset Management Australia Limited ABN 33 001 804 566, AFSL 225 398 (“BAMAL”) and BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFSL 230523 (“BIMAL”). BIMAL and BAMAL are wholly-owned subsidiaries of BlackRock, Inc. (collectively “BlackRock”).
BlackRock believes the information in this document is correct at the time of issue, but no warranty of accuracy or reliability is given and no responsibility arising in any way for errors or omissions (including responsibility to any person by reason of negligence) is accepted by BlackRock. This information is general in nature, and has been prepared without taking into account any individual’s objectives, financial situation, or needs. Neither the performance nor the repayment of capital or any income (dividends) of an iShares fund is guaranteed by any BlackRock entity. Past performance is not a reliable indicator of future performance. 2011 BlackRock. All rights reserved. iShares is a registered trademark of BlackRock Institutional Trust Company, N.A. All other trademarks, servicemarks, or registered trademarks are the property of their respective owners.