-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OE2op4M1ywDiyiALK4osXsdvXuf8ZJuW6x6uSn+Hhzo7C1DZO2wGhwbNfGkTid9g
 rDMP92ati1Xagsv0FSpxBQ==

<SEC-DOCUMENT>0000930413-06-002448.txt : 20060329
<SEC-HEADER>0000930413-06-002448.hdr.sgml : 20060329
<ACCEPTANCE-DATETIME>20060329154707
ACCESSION NUMBER:		0000930413-06-002448
CONFORMED SUBMISSION TYPE:	PRE 14A
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20060523
FILED AS OF DATE:		20060329
DATE AS OF CHANGE:		20060329

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock Global Energy & Resources Trust
		CENTRAL INDEX KEY:			0001306550
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21656
		FILM NUMBER:		06718635

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST
		CENTRAL INDEX KEY:			0001181249
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21184
		FILM NUMBER:		06718640

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK FLORIDA MUNICIPAL 2022 TERM TRUST
		DATE OF NAME CHANGE:	20020819

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST II
		CENTRAL INDEX KEY:			0001176196
		IRS NUMBER:				010722234
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21125
		FILM NUMBER:		06718650

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MARYLAND MUNICIPAL BOND TRUST
		CENTRAL INDEX KEY:			0001169029
		IRS NUMBER:				383645611
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21051
		FILM NUMBER:		06718655

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK FLORIDA MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001137392
		IRS NUMBER:				510409116
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10333
		FILM NUMBER:		06718668

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK PENNSYLVANIA STRATEGIC MUNICIPAL TRUST
		CENTRAL INDEX KEY:			0001089821
		IRS NUMBER:				134069938
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-09417
		FILM NUMBER:		06718670

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC
		CENTRAL INDEX KEY:			0000902731
		IRS NUMBER:				133710958
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-07670
		FILM NUMBER:		06718674

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL TARGET TERM TRUST INC
		CENTRAL INDEX KEY:			0000877358
		IRS NUMBER:				133624797
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-06355
		FILM NUMBER:		06718677

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKSTONE MUNICIPAL TARGET TERM TRUST INC
		DATE OF NAME CHANGE:	19600201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK HIGH YIELD TRUST
		CENTRAL INDEX KEY:			0001068234
		IRS NUMBER:				134031238
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-08991
		FILM NUMBER:		06718678

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK FLORIDA INSURED MUNICIPAL 2008 TERM TRUST
		CENTRAL INDEX KEY:			0000890518
		IRS NUMBER:				223184654
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-07092
		FILM NUMBER:		06718682

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock Enhanced Dividend Achievers Trust
		CENTRAL INDEX KEY:			0001332283
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21784
		FILM NUMBER:		06718631

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		800-882-0052

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock Health Sciences Trust
		CENTRAL INDEX KEY:			0001314966
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21702
		FILM NUMBER:		06718634

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		(888) 825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK GLOBAL FLOATING RATE INCOME TRUST
		CENTRAL INDEX KEY:			0001287480
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21566
		FILM NUMBER:		06718636

	BUSINESS ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-754-5336

	MAIL ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK VARIABLE RATE & INFLATION PROTECTED SECURITIES
		DATE OF NAME CHANGE:	20040416

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK LTD DURATION INCOME TRUST
		CENTRAL INDEX KEY:			0001233681
		IRS NUMBER:				200096695
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21349
		FILM NUMBER:		06718642

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-227

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK LIMITED DURATION INCOME TRUST
		DATE OF NAME CHANGE:	20030611

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MANAGED DURATION INCOME TRUST
		DATE OF NAME CHANGE:	20030529

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MANAGED DURATION TRUST
		DATE OF NAME CHANGE:	20030516

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK INSURED MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001181187
		IRS NUMBER:				816105962
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21178
		FILM NUMBER:		06718648

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MUNICIPAL INCOME TRUST III
		DATE OF NAME CHANGE:	20020819

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW JERSEY MUNICIPAL BOND TRUST
		CENTRAL INDEX KEY:			0001169031
		IRS NUMBER:				383645610
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21050
		FILM NUMBER:		06718654

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK FLORIDA MUNICIPAL BOND TRUST
		CENTRAL INDEX KEY:			0001169028
		IRS NUMBER:				383645608
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21054
		FILM NUMBER:		06718656

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK STRATEGIC BOND TRUST
		CENTRAL INDEX KEY:			0001165216
		IRS NUMBER:				412024432
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10635
		FILM NUMBER:		06718659

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK CALIFORNIA MUNICIPAL 2018 TERM TRUST
		CENTRAL INDEX KEY:			0001159038
		IRS NUMBER:				510413313
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10499
		FILM NUMBER:		06718663

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK INSURED MUNICIPAL 2008 TERM TRUST INC
		CENTRAL INDEX KEY:			0000889430
		IRS NUMBER:				223179975
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-06721
		FILM NUMBER:		06718684

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK STRATEGIC DIVIDEND ACHIEVERS TRUST
		CENTRAL INDEX KEY:			0001277350
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21493
		FILM NUMBER:		06718638

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK CALIFORNIA INSURED MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001181027
		IRS NUMBER:				816105965
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21177
		FILM NUMBER:		06718647

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST III
		DATE OF NAME CHANGE:	20020816

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK CORE BOND TRUST
		CENTRAL INDEX KEY:			0001160864
		IRS NUMBER:				522346891
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10543
		FILM NUMBER:		06718660

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK INSURED MUNICIPAL TERM TRUST INC
		CENTRAL INDEX KEY:			0000882346
		IRS NUMBER:				133642644
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-06512
		FILM NUMBER:		06718671

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKSTONE INSURED MUNICIPAL TERM TRUST INC
		DATE OF NAME CHANGE:	19600201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC
		CENTRAL INDEX KEY:			0000902722
		IRS NUMBER:				133710957
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-07664
		FILM NUMBER:		06718676

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK INCOME TRUST INC
		CENTRAL INDEX KEY:			0000832327
		IRS NUMBER:				133463349
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05542
		FILM NUMBER:		06718679

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKSTONE INCOME TRUST INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC
		CENTRAL INDEX KEY:			0000890519
		IRS NUMBER:				223184653
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-07094
		FILM NUMBER:		06718681

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST INC
		CENTRAL INDEX KEY:			0000894242
		IRS NUMBER:				133690436
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-07354
		FILM NUMBER:		06718628

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK S&P QUALITY RANKINGS GLOBAL EQUITY MANAGED TRUST
		CENTRAL INDEX KEY:			0001280936
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21522
		FILM NUMBER:		06718637

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	S&P QUALITY RANKINGS GLOBAL EQUITY MANAGED TRUST
		DATE OF NAME CHANGE:	20040423

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK S&P GLOBAL QUALITY RANKINGS TRUST
		DATE OF NAME CHANGE:	20040324

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK S&P QUALITY RANKINGS TRUST
		DATE OF NAME CHANGE:	20040220

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW YORK MUNICIPAL INCOME TRUST II
		CENTRAL INDEX KEY:			0001176197
		IRS NUMBER:				010722231
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21124
		FILM NUMBER:		06718649

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK STRATEGIC MUNICIPAL TRUST
		CENTRAL INDEX KEY:			0001089094
		IRS NUMBER:				134069935
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-09401
		FILM NUMBER:		06718669

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL BOND TRUST
		CENTRAL INDEX KEY:			0001167467
		IRS NUMBER:				383645602
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21036
		FILM NUMBER:		06718658

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK TAX FREE INCOME TRUST
		DATE OF NAME CHANGE:	20020213

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK INCOME OPPORTUNITY TRUST INC
		CENTRAL INDEX KEY:			0000880280
		IRS NUMBER:				133634989
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-06443
		FILM NUMBER:		06718672

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			NY
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK NORTH AMERICAN GOVERNMENT INCOME TRUST INC
		DATE OF NAME CHANGE:	19920929

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKSTONE NORTH AMERICAN GOVERNMENT INCOME TRUST INC
		DATE OF NAME CHANGE:	19600201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001137393
		IRS NUMBER:				510409115
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10339
		FILM NUMBER:		06718667

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW JERSEY MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001137440
		IRS NUMBER:				510409123
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10335
		FILM NUMBER:		06718665

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK PREFERRED OPPORTUNITY TRUST
		CENTRAL INDEX KEY:			0001213169
		IRS NUMBER:				270046786
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21280
		FILM NUMBER:		06718643

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK PREFERRED INCOME TRUST
		DATE OF NAME CHANGE:	20030107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST
		CENTRAL INDEX KEY:			0000902719
		IRS NUMBER:				137014351
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-07666
		FILM NUMBER:		06718675

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC
		CENTRAL INDEX KEY:			0000890514
		IRS NUMBER:				223184656
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-07090
		FILM NUMBER:		06718683

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock Long-Term Municipal Advantage Trust
		CENTRAL INDEX KEY:			0001343793
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21835
		FILM NUMBER:		06718629

	BUSINESS ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		800-882-0052

	MAIL ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BlackRock Municipal Advantage Income Trust
		DATE OF NAME CHANGE:	20051108

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW YORK INSURED MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001181024
		IRS NUMBER:				816105964
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21179
		FILM NUMBER:		06718644

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK NEW YORK MUNICIPAL INCOME TRUST III
		DATE OF NAME CHANGE:	20020816

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK VIRGINIA MUNICIPAL BOND TRUST
		CENTRAL INDEX KEY:			0001169034
		IRS NUMBER:				383645607
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21053
		FILM NUMBER:		06718652

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock Global Opportunities Equity Trust
		CENTRAL INDEX KEY:			0001320375
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21729
		FILM NUMBER:		06718632

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW YORK MUNICIPAL 2018 TERM TRUST
		CENTRAL INDEX KEY:			0001159039
		IRS NUMBER:				510413311
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10503
		FILM NUMBER:		06718661

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL 2018 TERM TRUST
		CENTRAL INDEX KEY:			0001159040
		IRS NUMBER:				510413263
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10501
		FILM NUMBER:		06718662

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK BROAD INVESTMENT GRADE 2009 TERM TRUST INC
		CENTRAL INDEX KEY:			0000892789
		IRS NUMBER:				133683683
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-07250
		FILM NUMBER:		06718680

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK CORPORATE TERM TRUST INC
		DATE OF NAME CHANGE:	19930524

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK CORPORATE AMERICA TERM TRUST INC
		DATE OF NAME CHANGE:	19921026

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW YORK MUNICIPAL BOND TRUST
		CENTRAL INDEX KEY:			0001167470
		IRS NUMBER:				383645605
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21037
		FILM NUMBER:		06718653

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK NEW YORK TAX FREE INCOME TRUST
		DATE OF NAME CHANGE:	20020213

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW YORK MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001137390
		IRS NUMBER:				510409117
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10337
		FILM NUMBER:		06718664

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock World Investment Trust
		CENTRAL INDEX KEY:			0001336777
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21800
		FILM NUMBER:		06718630

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		800-882-0052

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC
		CENTRAL INDEX KEY:			0000902717
		IRS NUMBER:				133710959
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-07672
		FILM NUMBER:		06718673

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL 2020 TERM TRUST
		CENTRAL INDEX KEY:			0001181250
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21181
		FILM NUMBER:		06718641

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MUNICIPAL 2022 TERM TRUST
		DATE OF NAME CHANGE:	20020819

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001137391
		IRS NUMBER:				510409109
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-10331
		FILM NUMBER:		06718666

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK FLORIDA INSURED MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001181026
		IRS NUMBER:				816105967
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21180
		FILM NUMBER:		06718646

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK FLORIDA MUNICIPAL INCOME TRUST III
		DATE OF NAME CHANGE:	20020816

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK CALIFORNIA MUNICIPAL BOND TRUST
		CENTRAL INDEX KEY:			0001169027
		IRS NUMBER:				383645606
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21052
		FILM NUMBER:		06718657

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL INCOME TRUST II
		CENTRAL INDEX KEY:			0001176194
		IRS NUMBER:				010722216
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21126
		FILM NUMBER:		06718651

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK HIGH INCOME SHARES
		CENTRAL INDEX KEY:			0000830474
		IRS NUMBER:				042999956
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05495
		FILM NUMBER:		06718633

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		1-888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CIGNA HIGH INCOME SHARES
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK DIVIDEND ACHIEVERS TRUST
		CENTRAL INDEX KEY:			0001265316
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21443
		FILM NUMBER:		06718639

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19808
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19808
</SEC-HEADER>
<DOCUMENT>
<TYPE>PRE 14A
<SEQUENCE>1
<FILENAME>c41536_pre14a.htm
<TEXT>

<HTML>

<HEAD><TITLE></TITLE></HEAD>
<BODY>

<PRE>

                                  SCHEDULE 14A

                                 (Rule 14a-101)

                     INFORMATION REQUIRED IN PROXY STATEMENT

                            SCHEDULE 14A INFORMATION

                Proxy Statement Pursuant to Section 14(a) of the
               Securities Exchange Act of 1934 (Amendment No.   )

Filed by the Registrant [X]
Filed by a Party other than the Registrant [_]

Check the appropriate box:

[X]  Preliminary Proxy Statement          [_]  Soliciting Material Under Rule
[_]  Confidential, For Use of the              14a-12
     Commission Only (as permitted
     by Rule 14a-6(e)(2))
[_]  Definitive Proxy Statement
[_]  Definitive Additional Materials


</PRE>





<TABLE border=0 cellspacing=0 cellpadding=0 width=100%>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST INC. (&#147;BKN&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK INSURED MUNICIPAL 2008 TERM TRUST INC. (&#147;BRM&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC. (&#147;BFC&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK FLORIDA INSURED MUNICIPAL 2008 TERM TRUST (&#147;BRF&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC. (&#147;BLN&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK BROAD INVESTMENT GRADE 2009 TERM TRUST INC. (&#147;BCT&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">THE BLACKROCK INCOME TRUST INC. (&#147;BKT&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">THE BLACKROCK HIGH YIELD TRUST (&#147;BHY&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">THE BLACKROCK MUNICIPAL TARGET TERM TRUST INC. (&#147;BMN&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC. (&#147;RAA&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST (&#147;RFA&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC. (&#147;RNJ&#148;)</FONT>&nbsp; </TD>
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  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC. (&#147;RNY&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">THE BLACKROCK INCOME OPPORTUNITY TRUST INC. (&#145;&#148;BNA&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">THE BLACKROCK INSURED MUNICIPAL TERM TRUST INC. (&#147;BMT&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">THE BLACKROCK PENNSYLVANIA STRATEGIC MUNICIPAL TRUST (&#147;BPS&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">THE BLACKROCK STRATEGIC MUNICIPAL TRUST (&#147;BSD&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK FLORIDA MUNICIPAL INCOME TRUST (&#147;BBF&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK MUNICIPAL INCOME TRUST (&#147;BFK&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST (&#147;BFZ&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK NEW JERSEY MUNICIPAL INCOME TRUST (&#147;BNJ&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK NEW YORK MUNICIPAL INCOME TRUST (&#147;BNY&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK CALIFORNIA MUNICIPAL 2018 TERM TRUST (&#147;BJZ&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK MUNICIPAL 2018 TERM TRUST (&#147;BPK &#147;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK NEW YORK MUNICIPAL 2018 TERM TRUST (&#147;BLH&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK CORE BOND TRUST (&#147;BHK&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK STRATEGIC BOND TRUST (&#147;BHD&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK MUNICIPAL BOND TRUST (&#147;BBK&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK CALIFORNIA MUNICIPAL BOND TRUST (&#147;BZA&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK FLORIDA MUNICIPAL BOND TRUST (&#147;BIE&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK MARYLAND MUNICIPAL BOND TRUST (&#147;BZM&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK NEW JERSEY MUNICIPAL BOND TRUST (&#147;BLJ&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK NEW YORK MUNICIPAL BOND TRUST (&#147;BQH&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK VIRGINIA MUNICIPAL BOND TRUST (&#147;BHV&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK MUNICIPAL INCOME TRUST II (&#147;BLE&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST II (&#147;BCL&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK NEW YORK MUNICIPAL INCOME TRUST II (&#147;BFY&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK INSURED MUNICIPAL INCOME TRUST (&#147;BYM&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">BLACKROCK CALIFORNIA INSURED MUNICIPAL INCOME TRUST (&#147;BCK&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK FLORIDA INSURED MUNICIPAL INCOME TRUST (&#147;BAF&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
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  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK PREFERRED OPPORTUNITY TRUST (&#147;BPP&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK LIMITED DURATION INCOME TRUST (&#147;BLW&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK MUNICIPAL 2020 TERM TRUST (&#147;BKK&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST (&#147;BFO&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK DIVIDEND ACHIEVERS(TM) TRUST (&#147;BDV&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK STRATEGIC DIVIDEND ACHIEVERS(TM) TRUST (&#147;BDT&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD width=100% align=center> <FONT size=2 face="sans-serif">BLACKROCK S&amp;P QUALITY RANKINGS GLOBAL EQUITY MANAGED TRUST (&#147;BQY&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK GLOBAL FLOATING RATE INCOME TRUST (&#147;BGT&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK GLOBAL ENERGY AND RESOURCES TRUST (&#147;BGR&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK HEALTH SCIENCES TRUST (&#147;BME&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK HIGH INCOME SHARES (&#147;HIS&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK GLOBAL OPPORTUNITIES EQUITY TRUST (&#147;BOE&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%> <FONT size=2 face="sans-serif">BLACKROCK ENHANCED DIVIDEND ACHIEVERS (TM) TRUST (&#147;BDJ&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center> <FONT size=2 face="sans-serif">BLACKROCK WORLD INVESTMENT TRUST (&#147;BWC&#148;)</FONT> </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center> <FONT size=2 face="sans-serif">BLACKROCK LONG-TERM MUNICIPAL ADVANTAGE TRUST (&#147;BTA&#148;)</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center width=100%>&nbsp;</TD>
  </TR>
</TABLE>

<PRE>
- --------------------------------------------------------------------------------
                (Name of Registrant as Specified In Its Charter)



- --------------------------------------------------------------------------------
    (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)


Payment of Filing Fee (Check the appropriate box):

[X]  No fee required.
[_]  Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.

1)   Title of each class of securities to which transaction applies:

________________________________________________________________________________
2)   Aggregate number of securities to which transaction applies:

________________________________________________________________________________

3)   Per unit price or other underlying value of transaction  computed  pursuant
     to Exchange  Act Rule 0-11 (set forth the amount on which the filing fee is
     calculated and state how it was determined):

________________________________________________________________________________
4)   Proposed maximum aggregate value of transaction:

________________________________________________________________________________
5)   Total fee paid:

________________________________________________________________________________
[_]  Fee paid previously with preliminary materials:

________________________________________________________________________________
[_]  Check box if any part of the fee is offset as provided by Exchange Act Rule
     0-11(a)(2)  and identify the filing for which the  offsetting  fee was paid
     previously.  Identify the previous filing by registration statement number,
     or the form or schedule and the date of its filing.

     1)   Amount previously paid:

________________________________________________________________________________
     2)   Form, Schedule or Registration Statement No.:

________________________________________________________________________________
     3)   Filing Party:

________________________________________________________________________________
     4)   Date Filed:

________________________________________________________________________________

</PRE>




<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>


<p align="center"><img src="blackrocklogox1x1.jpg">
<p></p>

<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>BLACKROCK CLOSED-END FUNDS<BR>
100 BELLEVUE PARKWAY<BR>
WILMINGTON, DELAWARE 19809</b></FONT></P>

<P><HR NOSHADE WIDTH=120 >

<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>NOTICE OF JOINT ANNUAL MEETING OF<BR>
STOCKHOLDERS/SHAREHOLDERS<BR>
TO BE HELD ON MAY 23, 2006</b></FONT></P>

<P><HR NOSHADE WIDTH=120 >

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notice
is hereby given to the Stockholders/Shareholders of each of the BlackRock
Closed-End Funds listed on Appendix A to the Proxy Statement accompanying this
notice (collectively, the &#147;Trusts&#148;) that:</FONT></P>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Joint Annual Meeting of Stockholders/Shareholders of the Trusts (the &#147;Annual
Meeting&#148;) will be held at the New York East Side Marriott, 525 Lexington
Avenue, New York, New York, on Tuesday, May 23, 2006, at 10:00 a.m. (New York
City time). For the sake of convenience and clarity, individual Trusts are
identified throughout this notice and the attached Proxy Statement by their
trading symbols. A list of the Trusts setting forth each Trust&#146;s full name and
trading symbol is attached to the Proxy Statement accompanying this notice as
Appendix A. The Annual Meeting is being held for the following purposes: </FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="10%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="90%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=2>1.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>For
  shareholders of all Trusts, to elect nominees for the Board of Directors of
  each Trust in which they own shares.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=2>2.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>For each of
  the following Trusts, to amend its respective Declaration of Trust to expand
  the authority of the executive committee of the Board of Directors:</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="11%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BSD</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="10%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="90%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=2>3.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>For each of
  the following Trusts, to amend its respective Certificate of Designation or
  Statement of Preferences, as appropriate, to revise the language regarding
  preferred shares to allow the Trusts to follow the most recent guidelines of
  Standard &amp; Poor&#146;s (&#147;S&amp;P&#148;), Moody&#146;s Investors Service, Inc.
  (&#147;Moody&#146;s&#148;) and/or Fitch Ratings (&#147;Fitch&#148;), as appropriate, for credit rating
  criteria in effect from time to time to maintain a &#147;AAA&#148; rating on preferred
  shares:</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="11%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BMT</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="10%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="90%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=2>4.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>To transact
  such other business as may properly come before the Annual Meeting or any
  adjournments or postponements thereof. </FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>THE BOARD OF
DIRECTORS (THE &#147;BOARD&#148;) OF EACH TRUST, INCLUDING THE INDEPENDENT DIRECTORS,
UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148; EACH OF THE PROPOSALS.</b> </FONT></P>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
encourage you to contact BlackRock toll free at (800) 882-0052 from 9:00 a.m.
to 6:00 p.m. EST if you have any questions.</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Board of each Trust has fixed the close of business on February 28, 2006 as the
record date for the determination of Stockholders/Shareholders entitled to
notice of, and to vote at, the Annual Meeting. We urge you to mark, sign, date,
and mail the enclosed proxy in the postage-paid envelope provided or record
your voting instructions via telephone or the internet (for those Trusts that
permit voting by telephone or internet) so you will be represented at the
Annual Meeting.</FONT></P>

<TABLE ALIGN=RIGHT  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="40%">
<TR style="font-size:1px">
<TD WIDTH="100%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>By order of
  the</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>Board of each
  Trust</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>Vincent B.
  Tritto, Secretary of each Trust </FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><BR><BR><BR><BR><BR>New York, New
York<BR>
April 19, 2006</FONT></p>


<HR SIZE=2 WIDTH="100%" NOSHADE  ALIGN=CENTER>

<div><FONT Face="Times New Roman, Times, Serif" SIZE=2>IT IS
IMPORTANT THAT YOUR SHARES BE REPRESENTED AT THE ANNUAL MEETING IN PERSON OR BY
PROXY. WHETHER OR NOT YOU PLAN TO ATTEND THE ANNUAL MEETING, PLEASE VOTE BY TELEPHONE,
INTERNET OR MAIL. (NOT EVERY TRUST PERMITS VOTING BY INTERNET AND TELEPHONE.
PLEASE CHECK YOUR PROXY CARD.) IF VOTING BY MAIL PLEASE SIGN, DATE AND RETURN
THE ENCLOSED PROXY CARD IN THE ACCOMPANYING POSTAGE-PAID ENVELOPE. IF YOU
ATTEND THE ANNUAL MEETING AND WISH TO VOTE IN PERSON, YOU WILL BE ABLE TO DO SO
AND YOUR VOTE AT THE ANNUAL MEETING WILL REVOKE ANY PROXY YOU MAY HAVE
SUBMITTED. YOUR VOTE IS EXTREMELY IMPORTANT. NO MATTER HOW MANY OR HOW FEW
SHARES YOU OWN, PLEASE SEND IN YOUR PROXY CARD TODAY.</FONT>

<HR SIZE=2 WIDTH="100%" NOSHADE  ALIGN=CENTER>

<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=2>2</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>BLACKROCK CLOSED-END FUNDS<BR>
PROXY STATEMENT<BR>
FOR<BR>
JOINT ANNUAL MEETING OF STOCKHOLDERS/SHAREHOLDERS <BR>
TO BE HELD ON MAY 23, 2006</b></FONT></P>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
document will give you the information you need to vote on the matters listed
on the accompanying Notice of Joint Annual Meeting of Stockholders/Shareholders
(&#147;Notice of Annual Meeting&#148;). Much of the information in this joint proxy
statement (&#147;Proxy Statement&#148;) is required under rules of the Securities and
Exchange Commission (&#147;SEC&#148;); some of it is technical. If there is anything you
don&#146;t understand, please contact us at our toll-free number, (800) 882-0052.</FONT></P>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Proxy Statement is furnished in connection with the solicitation by the
respective Board of Directors or Trustees, as the case may be (the &#147;Board&#148;), of
each of the Trusts (as defined in the Notice of Annual Meeting) of proxies to
be voted at the Joint Annual Meeting of Stockholders/Shareholders of the Trusts
to be held on Tuesday, May 23, 2006, and any adjournment or postponement
thereof (the &#147;Annual Meeting&#148;). The Annual Meeting will be held at the New York
East Side Marriott, 525 Lexington Avenue, New York, New York, on May 26, 2005,
at 10:00 a.m. (New York City time). As used in the Notice of Annual Meeting and
as used herein, the term &#147;Board of Directors&#148; shall include Board of Trustees,
&#147;Directors&#148; shall include Trustees, the term &#147;shareholders&#148; shall include
stockholders and the term &#147;share&#148; shall include stock where the use of the
terms &#147;Board of Trustees&#148; or &#147;Trustees&#148; or &#147;stockholders&#148; or &#147;stock&#148; would
otherwise be appropriate. This Proxy Statement, the Notice of Annual Meeting
and the enclosed proxy card are first being sent to the Trusts&#146; shareholders on
or about April 19, 2006.</FONT></P>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHY
IS A SHAREHOLDER MEETING BEING HELD?</b></FONT></P>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Because
the common shares of each Trust are listed on a nationally recognized stock
exchange that requires each Trust to hold an annual meeting of shareholders. </FONT></P>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHAT
PROPOSALS WILL BE VOTED ON?</b></FONT></P>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the first proposal (the &#147;First Proposal&#148; or &#147;Proposal 1&#148;), shareholders of all
Trusts are being asked to elect nominees for the Board of Directors of each
Trust in which they own shares.</FONT></P>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the second proposal (the &#147;Second Proposal&#148; or &#147;Proposal 2&#148;), shareholders of
the following Trusts are being asked to approve an amendment to the Declaration
of Trust of each such Trust to allow the Trustees to expand the authority of
the executive committee of the Board of Directors:</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="11%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BSD</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the third proposal (the &#147;Third Proposal&#148; or &#147;Proposal 3&#148;), shareholders of the
following Trusts are being asked to approve an amendment to the Certificate of
Designation or Statement of Preferences, as appropriate, to revise the language
regarding preferred shares to allow the Trusts to follow the most recent
guidelines of Standard &amp; Poor&#146;s (&#147;S&amp;P&#148;), Moody&#146;s Investors Service,
Inc. (&#147;Moody&#146;s&#148;) and/or Fitch Ratings (&#147;Fitch&#148;), as appropriate, for credit
rating criteria in effect from time to time to maintain a AAA rating on
preferred shares:</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="11%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BMT</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>Summary:</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="4%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="45%" COLSPAN="2" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" COLSPAN="3" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="18%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>PROPOSALS</B> </FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>TRUST</B> </FONT></P>
</TD>
<TD COLSPAN="5" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<HR SIZE=1 WIDTH="100%" NOSHADE color=black  ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<HR SIZE=1 WIDTH="100%" NOSHADE color=black ALIGN=CENTER>
</TD>
<TD COLSPAN="5" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>#1 To elect
  Directors</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="6" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>All Trusts</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="6" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>#2 To amend the
  Trusts&#146; Declaration of Trust</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BHY </FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BPS</FONT></P>
</TD>
<TD COLSPAN="3" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BSD</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" VALIGN=TOP>
<P style="margin-left:17px;text-indent:-17px"><FONT Face="Times New Roman, Times, Serif" SIZE=2>#3 To amend the
  Trusts&#146; Certificate of Designation or Statement of Preferences, as
  appropriate</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BFC</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BRM</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BLN</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BSD</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>BRF</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>
<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>*</b></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>WILL MY VOTE
  MAKE A DIFFERENCE?</b></FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT Face="Times New Roman, Times, Serif"SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;YES!
Your vote is important and will make a difference in the governance of the
Trust(s), no matter how many shares you own.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>*</b></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>WHO IS
  ASKING FOR YOUR VOTE?</b></FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT Face="Times New Roman, Times, Serif"
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
enclosed proxy is solicited by the Board of each Trust for use at the Annual
Meeting to be held on Tuesday, May 23, 2006, and, if the Annual Meeting is
adjourned or postponed, at any later meetings, for the purposes stated in the
Notice of Annual Meeting (see previous pages). The Notice of Annual Meeting,
the proxy and this Proxy Statement are being mailed on or about April 19, 2006.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>*</b></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>HOW DO THE
  TRUSTS&#146; BOARDS RECOMMEND THAT SHAREHOLDERS VOTE ON THE PROPOSALS?</b></FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT Face="Times New Roman, Times, Serif"
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Board unanimously recommends that you vote <b>&#147;FOR&#148;</b> each respective Proposal on
which you are entitled to vote.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>*</b></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>WHO IS
  ELIGIBLE TO VOTE?</b></FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT Face="Times New Roman, Times, Serif"
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shareholders
of record of each Trust at the close of business on February 28, 2006 are
entitled to be present and to vote at the Annual Meeting or any adjourned or
postponed meeting.</FONT></P>

<P><FONT Face="Times New Roman, Times, Serif"
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
share is entitled to one vote. Shares represented by duly executed proxies will
be voted in accordance with your instructions. If you sign the proxy, but don&#146;t
fill in a vote, your shares will be voted in accordance with your Board&#146;s
recommendation. If any other business is brought before your Trust&#146;s Annual
Meeting, your shares will be voted at your Board&#146;s discretion.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2>*</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>HOW MANY
  SHARES OF EACH TRUST WERE OUTSTANDING AS OF THE RECORD DATE?</b> </FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT Face="Times New Roman, Times, Serif"
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Appendix
B sets forth the number of outstanding shares for each Trust at the close of
business on February 28, 2006.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>*</b></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=2><b>WHY DOES
  THIS PROXY STATEMENT LIST SEVERAL CLOSED-END FUNDS?</b> </FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT Face="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT Face="Times New Roman, Times, Serif"
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Trusts have similar proposals and it is cost-efficient to have a joint proxy
statement and one annual meeting. In the event that any shareholder present at
the Annual Meeting objects to the holding of a joint meeting and moves for an
adjournment of his or her Trust&#146;s meeting to a time immediately after the
Annual Meeting so that such Trust&#146;s meeting may be held separately, the persons
named as proxies will vote in favor of such adjournment. Shareholders of each
Trust will vote separately on the respective Proposals relating to their Trust.
In any event, an unfavorable vote on any Proposal by the shareholders of one
Trust will not affect the implementation of such Proposal by another Trust if
the Proposal is approved by the shareholders of that Trust.</FONT></P>

<P ALIGN=CENTER><FONT Face="Times New Roman, Times, Serif" SIZE=2>2</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

</DIV>




<P><FONT SIZE=2><B>The Proposals</B></FONT></P>

<P><FONT SIZE=2><b>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>FIRST
PROPOSAL</U>: TO ELECT DIRECTORS</b></FONT></P>

<P><FONT SIZE=2><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHO
ARE THE NOMINEES FOR DIRECTORS?</b></FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Directors of the Trusts are classified into three classes of Directors: Class
I, Class II and Class III. Each class has a term of three years. The term of
office of one class of Directors is expiring for each Trust and the Directors
of the respective Trust whose terms are expiring are being nominated for
election at the Annual Meeting.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Some
of the Trusts have issued preferred shares. As required by the 1940 Act, owners
of preferred shares, voting as a separate class, are entitled to elect two
directors. Historically, Messrs. Cavanagh and Fabozzi have been the directors
elected by the owners of preferred shares. The Governance Committee has
recommended that Mr. Cavanagh resign from the role of preferred share director
because it is anticipated that he will become the lead independent director
when Dr. Brimmer retires and the committee believes it is more appropriate for
the lead independent director to be elected by all of the shareholders. The
Governance Committee has nominated Kathleen F. Feldstein to replace Mr.
Cavanagh as the second director elected by owners of preferred shares.
Accordingly, the Boards of those Trusts issuing preferred shares here nominated
Kathleen F. Feldstein and Frank J. Fabozzi to be elected by the owners of
preferred shares.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.
Cavanagh, a Class I Director, and Ms. Feldstein, a Class II Director, will each
stand for election to the Board of each Trust schedule to vote for their
respective class at the Annual Meeting. In addition, Mr. Cavanagh will stand
for election to Board of each other Trust that has preferred shares
outstanding, because the common shareholders of those Trusts previously have
not had the opportunity to vote for him. Similarly, Ms. Feldstein will stand
for election to the Board of each other Trust that has preferred shares
outstanding, because the preferred shareholders of those Trusts, voting as a separate
class, previously have not had the opportunity to vote for her as a preferred
share Director.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth the class and nominees to be voted on by each Trust.
Each nominee&#146;s background is described in further detail below. Unless
indicated by an asterisk, each Director will be voted on by holders of common
shares and preferred shares voting together as a single class and the holders
of any preferred shares will have equal voting rights with the holders of common
shares (i.e., one vote per share).</FONT></P>










<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="7%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="6%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="6%">
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="6%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="24%">
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="24%">
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="24%">
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  COLSPAN="4" ROWSPAN="2" style="border-left:1px solid black;border-top:1px solid black; border-bottom:1px solid black;">
  <P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
  </TD>
  <TD  COLSPAN="3"style="border:solid black 1px">
  <P ALIGN=CENTER><FONT SIZE=1><B>DIRECTORS<BR>
  STANDING FOR ELECTION</B></FONT></P>
  </TD>
 </TR>
 <TR>
  <TD style="border-left:1px solid black; border-bottom:1px solid black;">   <P ALIGN=CENTER><FONT SIZE=1><B>Class I Directors</B></FONT></P>
  </TD>
  <TD style="border-left:1px solid black; border-bottom:1px solid black;">   <P ALIGN=CENTER><FONT SIZE=1><B>Class II Directors</B></FONT></P>
  </TD>
  <TD style="border-left:1px solid black; border-bottom:1px solid black;border-right:1px solid black">   <P ALIGN=CENTER><FONT SIZE=1><B>Class III Directors</B></FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BPK</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BFZ</FONT></P>
  </TD>
  <TD>   <P><FONT SIZE=2>BJZ</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BGT</FONT></P>
  </TD>
  <TD  ROWSPAN="3" style="border-left:1px solid black; border-bottom:1px black solid">
  <P ALIGN=CENTER><FONT SIZE=2>Richard
  E. Cavanagh</FONT></P>
  </TD>
  <TD  ROWSPAN="3" style="border-left:1px solid black; border-bottom:1px black solid">
  <P ALIGN=CENTER><FONT SIZE=2>Frank
  J. Fabozzi*<BR>
  Kathleen F. Feldstein*<BR>
  Ralph L. Schlosstein</FONT></P>
  </TD>
  <TD  ROWSPAN="3" style="border-left:1px solid black; border-bottom:1px black solid;border-right:1px black solid">
  <P ALIGN=CENTER><FONT SIZE=2>__</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BBF</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BNJ</FONT></P>
  </TD>
  <TD>   <P><FONT SIZE=2>BLH</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black; border-bottom:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BFK</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=2>BNY</FONT></P>
  </TD>
  <TD style="border-bottom:1px solid black">
   <P><FONT SIZE=2>BMT</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BDT</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BQY</FONT></P>
  </TD>
  <TD>   <P><FONT SIZE=2>BHK</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BME</FONT></P>
  </TD>
  <TD  ROWSPAN="4" style="border-left:1px solid black; border-bottom:1px black solid">
  <P ALIGN=CENTER><FONT SIZE=2>__</FONT></P>
  </TD>
  <TD  ROWSPAN="4" VALIGN=middle style="border-left:1px solid black; border-bottom:1px black solid">
  <P ALIGN=CENTER><FONT SIZE=2>Frank
  J. Fabozzi<BR>
  Kathleen F. Feldstein<BR>
  Ralph L. Schlosstein</FONT></P>
  </TD>
  <TD  ROWSPAN="4" VALIGN=middle style="border-left:1px solid black; border-bottom:1px black solid;border-right:1px black solid">
  <P ALIGN=CENTER><FONT SIZE=2>__</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BOE</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BDJ</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BHD</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>HIS</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BKT</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BNA</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BWC</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black; border-bottom:1px solid black" >
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BGR</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=2>BMN</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=2>BTA</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BPS</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BPP</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BFO</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>RNJ</FONT></P>
  </TD>
  <TD  ROWSPAN="3" VALIGN=middle style="border-left:1px solid black; border-bottom:1px black solid">
  <P ALIGN=CENTER><FONT SIZE=2>Richard
  E. Cavanagh</FONT></P>
  </TD>
  <TD  ROWSPAN="3" VALIGN=middle style="border-left:1px solid black; border-bottom:1px black solid">
  <P ALIGN=CENTER><FONT SIZE=2>Kathleen
  F. Feldstein*</FONT></P>
  </TD>
  <TD  ROWSPAN="3" VALIGN=TOP style="border-left:1px solid black; border-bottom:1px black solid;border-right:1px black solid">
  <P ALIGN=CENTER><FONT SIZE=2>Andrew
  F. Brimmer<BR>
  Kent Dixon<BR>
  Robert S. Kapito</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BSD</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BKK</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>RNY</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>RAA</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black; border-bottom:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>RFA</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=middle style="border-left:1px solid black; border-bottom:1px black solid">
   <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BLW</FONT></P>
  </TD>
  <TD  VALIGN=middle style=" border-bottom:1px black solid">  <P><FONT SIZE=2>BDV</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-bottom:1px black solid">   <P><FONT SIZE=2>BCT</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px black solid">   <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-left:1px solid black; border-bottom:1px black solid">   <P ALIGN=CENTER><FONT SIZE=2>__</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-left:1px solid black; border-bottom:1px black solid">   <P ALIGN=CENTER><FONT SIZE=2>__</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-left:1px solid black; border-bottom:1px black solid;border-right:1px black solid">    <P ALIGN=CENTER><FONT SIZE=2>Andrew
  F. Brimmer<BR>
  Kent Dixon<BR>
  Robert S. Kapito</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BBK</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BKN</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BLE</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BYM</FONT></P>
  </TD>
  <TD  ROWSPAN="5" style="border-left:1px solid black;border-bottom:1px solid black">
  <P ALIGN=CENTER><FONT SIZE=2>Richard
  E. Cavanagh<BR>
  R. Glenn Hubbard</FONT></P>
  </TD>
  <TD  ROWSPAN="5" style="border-left:1px solid black;border-bottom:1px solid black">
  <P ALIGN=CENTER><FONT SIZE=2>Kathleen
  F. Feldstein*</FONT></P>
  </TD>
  <TD  ROWSPAN="5" style="border-left:1px solid black;border-bottom:1px solid black;border-right:1px solid black">
  <P ALIGN=CENTER><FONT SIZE=2>__</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BQH</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BRF</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BCL</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BLJ</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BZA</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BHV</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BRM</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BSE</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BZM</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BIE</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BFY</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BFC</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-left:1px solid black; border-bottom:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BCK</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=2>BAF</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=2>BLN</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=middle style="border-left:1px solid black; border-bottom:1px solid black">
  <P STYLE='TEXT-INDENT:8.65PT'><FONT SIZE=2>BHY</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">

   <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
 <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black">
   <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-left:1px solid black; border-bottom:1px solid black">
 <P ALIGN=CENTER><FONT SIZE=2>Richard
  E. Cavanagh<BR>
  R. Glenn Hubbard</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-left:1px solid black; border-bottom:1px solid black">  <P ALIGN=CENTER><FONT SIZE=2>__</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-left:1px solid black; border-bottom:1px solid black;border-right:1px solid black">   <P ALIGN=CENTER><FONT SIZE=2>__</FONT></P>
  </TD>
 </TR>
</TABLE>




<P><FONT SIZE=2><SUP>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SUP>Voted on by preferred shareholders
only.</FONT></P>

<P ALIGN=CENTER><FONT  SIZE=2>3</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Director elected will hold office for three years or until their respective
class stands for re-election, whichever is shorter, and until their successors
shall have been elected and qualified. The other Directors of the Trusts will
continue to serve under their current terms. The other classes will be elected
at subsequent annual meetings of shareholders.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BCT
holds substantially all of its assets in its wholly owned subsidiary, BCT
Subsidiary Inc. (&#147;BCTS&#148;). The Board of the wholly owned subsidiary is identical
to the Board of its parent company. Accordingly, nominees elected as Directors
of BCT will be appointed by BCT to serve as Directors of BCTS which has
investment objectives and policies identical to BCT.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.
Clay LaForce and Mr. Walter Mondale retired from the Board of Directors on
February 23, 2006. The Board of Directors has not nominated candidates to
replace Messrs. LaForce and Mondale and has not yet determined whether to do
so.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain
information concerning the nominees for each of the Trusts is set forth in the
table below. All of the nominees are currently Directors of each of the Trusts,
including BCTS, and have served in such capacity since each of the Trusts
commenced their respective operations, except for the following exceptions:</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>&#149;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Mr. Richard
  E. Cavanagh has served as Director since his appointment by the Boards of
  BKN, BRM, BFC, BRF, BLN, BCT, BKT, BMN, RAA, RFA, RNJ, RNY, BNA and BMT on
  August 11, 1994 to fill a vacancy;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>&#149;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Mr. Robert
  S. Kapito was appointed by the Boards on August 22, 2002 to fill a vacancy
  for each of the Trusts in existence on such date; </FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>&#149;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Mr. R. Glenn
  Hubbard was appointed to the Board of each Trust November 23, 2004 for each
  of the Trusts in existence on such date; and</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>&#149;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Ms. Kathleen
  F. Feldstein was appointed as a board member to BKT, BNA, BMN, BMT, BGR, RNY,
  RNJ, RFA, RAA, BSD, BPS, BCT, BKN, BRM, BFC, BRF, BLN and BHY and an Advisory
  Board member to the other Trusts then in existence as of January 19, 2005.
  She was elected as a Director to such other Trusts at the annual meeting of
  shareholders on May&nbsp;26, 2005. </FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
of February 28, 2006, each Director holds his/her position as to each of the 56
active closed-end funds advised by BlackRock Advisors, Inc. (the &#147;Fund
Complex&#148;). As of February 28, 2006, the Fund Complex consisted of 56 active
closed-end funds, each with one investment portfolio. Certain information
concerning the nominees for each of the Trusts is set forth in the table below.
Except as indicated, each individual has held the office shown or other offices
in the same company for the last five years. Independent directors are those
who are not interested persons of the Trusts or BlackRock Advisors, Inc. for
purposes of the Investment Company Act of 1940 and comply with the definition
of &#147;independent&#148; (as defined in Rule 10A-3 under the Securities Exchange Act of
1934) (the &#147;Independent Directors&#148;). Unless specified otherwise below, the
business address of the Directors and officers of each of the Trusts is 40 East
52nd Street, New York, New York 10022, and the address of BlackRock Advisors,
Inc. (the &#147;Advisor&#148;) is 100&nbsp;Bellevue Parkway, Wilmington, Delaware 19809.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="22%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="2%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="32%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="2%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="38%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=CENTER><FONT SIZE=1><B>NAME, ADDRESS AND AGE</B></FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=CENTER><FONT SIZE=1><B>PRINCIPAL OCCUPATION(S) DURING <BR>
  PAST 5 YEARS</B></FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=CENTER><FONT SIZE=1><B>OTHER DIRECTORSHIPS HELD BY DIRECTOR OR NOMINEE FOR
  DIRECTOR</B></FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

  </TD>
  <TD  VALIGN=TOP>
  <HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

  </TD>
  <TD  VALIGN=TOP>
  <HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

  </TD>
  <TD  VALIGN=TOP>
  <HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

  </TD>
  <TD  VALIGN=TOP>
  <HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1><b>INTERESTED
  DIRECTORS:</b></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1>Ralph
  L. Schlosstein*<BR>
  Age 55<BR>
  Class II</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Director since 1999 and
  President of BlackRock, Inc. since its formation in 1998 and of BlackRock,
  Inc.&#146;s predecessor entities since 1988. Member of the Management Committee
  and Investment Strategy Group of BlackRock, Inc. Formerly, Managing Director
  of Lehman Brothers, Inc. and Co-head of its Mortgage and Savings Institutions
  Group. Chairman and President of the BlackRock Liquidity Funds and Director
  of several of BlackRock&#146;s alternative investment vehicles. Chairman of the
  Board of Anthracite Capital, Inc. since September 2005.</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Member of the Visiting
  Board of Overseers of the John F. Kennedy School of Government at Harvard
  University, a member of the board of the Financial Institutions Center of The
  Wharton School of the University of Pennsylvania, a trustee of the American
  Museum of Natural History, a trustee of Trinity School in New York City, a
  member of the Board of Advisors of Marujupu LLC, and a trustee of New Visions
  for Public Education, the Public Theater in New York City and the James Beard
  Foundation. Formerly, a director of Pulte Corporation, the nation&#146;s largest
  homebuilder, a Trustee of Denison University and a member of Fannie Mae&#146;s
  Advisory Council.</FONT></P>
  </TD>
 </TR>
</TABLE>

<P ALIGN=CENTER><FONT  SIZE=2>4</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="20%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="1%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="43%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="2%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="31%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1>Robert
  S. Kapito*<BR>
  Age: 49<BR>Class III</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Vice Chairman of BlackRock,
  Inc. Head of the Portfolio Management Group. Also a member of the Management
  Committee, the Investment Strategy Group, the Fixed Income and Global
  Operating Committees and the Equity Investment Strategy Group of BlackRock,
  Inc. Responsible for the portfolio management of the Fixed Income, Domestic
  Equity and International Equity, Liquidity, and Alternative Investment Groups
  of BlackRock.</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Chairman of the Hope and
  Heroes Children&#146;s Cancer Fund. President of the Board of Directors of the
  Periwinkle National Theatre for Young Audiences.</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1><b>INDEPENDENT
  DIRECTORS:</b></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1>Andrew
  F. Brimmer<BR>
  P.O. Box 4546<BR>
  New York, NY 10163<BR>
  Age: 79<BR>Class III</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>President of Brimmer &amp;
  Company, Inc., a Washington D.C.-based economic and financial consulting
  firm, also Wilmer D. Barrett Professor of Economics, University of
  Massachusetts - Amherst. Formerly member of the Board of Governors of the
  Federal Reserve System. Formerly Chairman, District of Columbia Financial
  Control Board.</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Director of CarrAmerica
  Realty Corporation and Borg-Warner Automotive. Formerly Director of AirBorne
  Express, BankAmerica Corporation (Bank of America), BellSouth Corporation,
  College Retirement Equities Fund (Trustee), Commodity Exchange, Inc. (Public
  Governor), Connecticut Mutual Life Insurance Company, E.I. du Pont de Nemours
  &amp; Company, Equitable Life Assurance Society of the United States, Gannett
  Company, Mercedes-Benz of North America, MNC Financial Corporation (American
  Security Bank), NCM Capital Management, Navistar International Corporation,
  PHH Corp. and UAL Corporation (United Airlines). </FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1>Richard
  E. Cavanagh<BR>
  P.O. Box 4546<BR>
  New York, NY 10163<BR>
  Age: 59<BR>
  Class I</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>President and Chief
  Executive Officer of The Conference Board, Inc., a leading global business
  research organization, from 1995-present. Former Executive Dean of the John
  F. Kennedy School of Government at Harvard University from 1988-1995. Acting
  Director, Harvard Center for Business and Government (1991-1993). Formerly
  Partner (principal) of McKinsey &amp; Company, Inc. (1980-1988). Former
  Executive Director of Federal Cash Management, White House Office of
  Management and Budget (1977-1979). Co-author, THE WINNING PERFORMANCE (best
  selling management book published in 13 national editions).</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Trustee of Aircraft Finance
  Trust (AFT) and Chairman of Educational Testing Service (ETS). Director, Arch
  Chemicals, Fremont Group and The Guardian Life Insurance Company of America.</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1>Kent
  Dixon<BR>
  P.O. Box 4546<BR>
  New York, NY 10163<BR>
  Age: 68<BR>
  Class III</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Consultant/Investor. Former
  President and Chief Executive Officer of Empire Federal Savings Bank of
  America and Banc PLUS Savings Association, former Chairman of the Board,
  President and Chief Executive Officer of Northeast Savings.</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Former Director of ISFA
  (the owner of INVEST, a national securities brokerage service designed for
  banks and thrift institutions).</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1>Frank
  J. Fabozzi<BR>
  P.O. Box 4546<BR>
  New York, NY 10163<BR>
  Age: 57<BR>
  Class II</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Consultant. Editor of THE
  JOURNAL OF PORTFOLIO MANAGEMENT and Adjunct Professor of Finance and Becton
  Fellow at the School of Management at Yale University. Author and editor of
  several books on fixed income portfolio management. Visiting Professor of
  Finance and Accounting at the Sloan School of Management, Massachusetts
  Institute of Technology from 1986 to August 1992.</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Director, Guardian Mutual
  Funds Group (18 portfolios). </FONT></P>
  </TD>
 </TR>
</TABLE>

<P ALIGN=CENTER><FONT  SIZE=2>5</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="25%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="2%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="34%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="1%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="35%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1>Kathleen F. Feldstein<BR>
  P.O. Box 4546<BR>
  New York, NY 10163<BR>
  Age: 64<BR>
  Class II</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>President of
  Economics Studies, Inc., a Belmont, MA-based private economic consulting
  firm, since 1987; Chair, Board of Trustees, McLean Hospital in Belmont, MA.</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Director of
  BellSouth Inc., Ionics, Inc. and Knight Ridder, Inc.; Trustee of the Museum
  of Fine Arts, Boston, and of the Committee for Economic Development and
  member of Partners HealthCare and Sherrill House Inc.; Member of the Visiting
  Committee of the Harvard University Art Museums and of the Advisory Board to
  the International School of Business at Brandeis University.</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=1>R. Glenn Hubbard<BR>
  P.O. Box 4546<BR>
  New York, NY 10163<BR>
  Age: 47<BR>
  Class I</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Dean of
  Columbia Business School since July 1, 2004. Columbia faculty member since
  1988. Co-director of Columbia Business School&#146;s Entrepreneurship Program
  1994-1997. Visiting Professor at the John F. Kennedy School of Government at
  Harvard University and the Harvard Business School, as well as the University
  of Chicago. Visiting scholar at the American Enterprise Institute in Washington
  and member of International Advisory Board of the MBA Program of Ben-Gurion
  University. Deputy assistant secretary of the U.S. Treasury Department for
  Tax Policy 1991-1993. Chairman of the U.S. Council of Economic Advisers under
  the President of the United States 2001-2003.</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>Director of
  ADP, Dex Media, Duke Realty, KKR Financial Corporation, and Ripplewood
  Holdings. Advisory boards of the Congressional Budget Office, the Council on
  Competitiveness, the American Council on Capital Formation, the Tax Foundation
  and the Center for Addiction and Substance Abuse. Trustee of Fifth Avenue
  Presbyterian Church of New York.</FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT SIZE=2><b>DO THE TRUSTS
HAVE ANY COMMITTEES?</b></FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes.
The Trusts&#146; Directors have determined that the efficient conduct of the Trusts&#146;
affairs makes it desirable to delegate responsibility for certain specific
matters to committees of the Boards. The committees meet as often as necessary,
either in conjunction with regular meetings of the Directors or otherwise. The
Board has created a Governance Committee comprised of all of the Independent
Directors. The Governance Committee appoints the members and chairperson of the
Compliance Committee, Portfolio Review Committees and the chairperson of the
Governance Committee. The Board appoints the members and chairperson of the
Audit Committee.</FONT></P>

<P><FONT SIZE=2><b>GOVERNANCE
COMMITTEE</b></FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Trusts has a Governance Committee, which also performs the functions
normally performed by a nominating committee. The 1940 Act requires that the
Trusts have a minimum proportion of directors who are not affiliated in any way
with the investment manager, principal underwriter or any broker-dealer of the
Trusts. These Independent Directors must vote separately to approve all
financial arrangements and other agreements with the Trusts&#146; investment manager
and other affiliated parties. Each Trust&#146;s Independent Directors meet regularly
(at least quarterly) as a group in executive session as the Governance
Committee. As part of its duties, the Governance Committee makes
recommendations to the full Board of each Trust with respect to candidates for
the Board and with respect to the compensation of Directors. The Governance
Committee will consider director candidates recommended by shareholders. In
considering candidates submitted by shareholders, the Governance Committee will
take into consideration the needs of the Board and the qualifications of the
candidate. The Governance Committee may also take into consideration the number
of shares held by the recommending shareholder and the length of time that such
shares have been held. To have a candidate considered by the Governance
Committee, a shareholder must submit the recommendation in writing and must
include:</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="90%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>&#149;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>The name of
  the shareholder and evidence of the person&#146;s ownership of shares of the
  applicable Trust(s), including the number of shares owned and the length of
  time of ownership; and</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>&#149;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>The name of
  the candidate, the candidate&#146;s resume or a listing of his or her
  qualifications to be a Director of the Trust(s) and the person&#146;s consent to
  be named as a Director if selected by the Governance Committee and nominated
  by the Board.</FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
shareholder recommendation and information described above must be sent to the
Corporate Secretary, c/o BlackRock, P.O. Box 4546, New York, New York 10163,
and must be received by the Corporate Secretary not less than 120 days </FONT></P>

<P ALIGN=CENTER><FONT  SIZE=2>6</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P><FONT SIZE=2>prior to the
anniversary date of the Trust&#146;s most recent annual meeting of shareholders
(which deadline will be no later than January 23, 2007, for next year&#146;s Annual
Meeting). The Governance Committee believes that the minimum qualifications for
serving as a Director of the Trust(s) are that a candidate demonstrate, by
significant accomplishment in his or her field, an ability to make a meaningful
contribution to the Board&#146;s oversight of the business and affairs of the
Trust(s) and have an impeccable record and reputation for honest and ethical
conduct in both his or her professional and personal activities. In addition,
the Governance Committee examines a candidate&#146;s specific experiences and
skills, time availability in light of other commitments, potential conflicts of
interest and independence from management and the Trust(s). The Governance
Committee also seeks to have the Board represent a diversity of backgrounds and
experience.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Joint Governance Committee Charter of the Trusts is available at BlackRock,
Inc.&#146;s (&#147;BlackRock &#146;s&#148;) website at http://www.blackrock.com/indiv/products/closedendfunds/corpgov.html.</FONT></P>

<P><FONT SIZE=2><b>AUDIT
COMMITTEE</b></FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Trusts has an Audit Committee, composed of four of the Independent
Directors, which is charged with selecting a firm of independent registered
public accountants for its respective Trust and reviewing accounting matters
with the accountants.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee of each Trust presents the following report: </FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee of each Trust has performed the following functions: (i) the
Audit Committee reviewed and discussed the audited financial statements of each
Trust with management of each respective Trust, (ii) the Audit Committee
discussed with the independent registered public accounting firm the matters
required to be discussed by the Statement on Auditing Standards No. 61, (iii)
the Audit Committee received the written disclosures and the letter from the
independent registered public accounting firm required by ISB Standard No. 1
and has discussed with the independent registered public accounting firm their
independence and (iv) the Audit Committee recommended to the Board of Directors
of each Trust that the financial statements be included in each Trust&#146;s Annual
Report for the past fiscal year.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of
the Audit Committee), Cavanagh, Dixon and Fabozzi, all of whom are Independent
Directors. The Board of each Trust has determined that each Trust has three
audit committee financial experts serving on its Audit Committee, Dr. Brimmer,
Mr. Dixon and Mr. Fabozzi, all of whom are independent for the purpose of the
definition of audit committee financial expert as applicable to the Trusts. The
Audit Committee is governed by a written charter, which was revised on May 26, 2005
and re-approved in February 2006 and is attached hereto as Appendix C.</FONT></P>

<P><FONT SIZE=2><b>PORTFOLIO
REVIEW COMMITTEES</b> </FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
an effort to continue to improve the Board&#146;s oversight and governance of the
Trusts, the Governance Committee created two portfolio review committees (the
&#147;Portfolio Review Committees&#148;). The purposes of each Portfolio Review Committee
are as follows: (1) to support the Independent Directors in acting
independently of BlackRock in pursuing the best interests of the Trusts and
their shareholders, (2) to review the investment objectives, policies and
practices of each Trust under its oversight, (3) to review with respect to each
Trust under its oversight: (a) whether such Trust has complied with its
investment policies and restrictions as reflected in its prospectus and
Statement of Additional Information, (b) appropriate benchmarks and competitive
universes, (c) investment performance, (d) unusual or exceptional investment
matters and (e) other matter bearing on such Trust&#146;s investment results.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Trust&#146;s Portfolio Review Committee was formed in November of 2005. The Taxable
and Municipal Trusts Portfolio Review Committee is chaired by Richard E.
Cavanagh, and Frank J. Fabozzi, Kathleen F. Feldstein, and Ralph L. Schlosstein
are members. The Equity and High Yield Trusts Portfolio Review Committee is
chaired by Kent Dixon, and R. Glenn Hubbard, and Robert S. Kapito are members.
Andrew F. Brimmer is an ex officio member of each Portfolio Review Committee.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Portfolio Review Committees may meet as a whole or separately and concurrently
with each other. Portfolio reviews of particular Trusts will be allocated among
the Portfolio Review Committees as determined by the Governance Committee in
consultation with BlackRock.</FONT></P>

<P ALIGN=CENTER><FONT  SIZE=2>7</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P><FONT SIZE=2><b>COMPLIANCE
COMMITTEE</b></FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Trust has a Compliance Committee that was formed in November of 2005. All
members of the Compliance Committee are Independent Directors. The members and
the chair of the Compliance Committee are determined annually by the Governance
Committee. Dr. Andrew F. Brimmer is the chair of the Compliance Committee for
each of the Trusts. Richard E. Cavanagh, Kathleen&nbsp;F. Feldstein and
R.&nbsp;Glenn Hubbard, are members of the Compliance Committee.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
purposes of the Compliance Committee are to (1) support the Independent
Directors in acting independently of the Adviser in pursuing the best interests
of the Trusts and their shareholders, (2) receive information on and, where
appropriate recommend policies concerning the Trusts compliance with applicable
law, and (3) receive reports from and make recommendations in respect of the
Trusts&#146; Chief Compliance Officer.</FONT></P>

<P><FONT SIZE=2><b>EXECUTIVE
COMMITTEE</b></FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Trust has an Executive Committee composed of Messrs. Schlosstein and Kapito,
which acts on behalf of the full Board on certain matters in the interval
between meetings of the Board.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>*</b></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>DO THE
  TRUSTS HAVE A POLICY WITH RESPECT TO THE ATTENDANCE OF DIRECTORS AT THE
  ANNUAL MEETING?</b></FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is the Trusts&#146; policy to encourage Directors to attend the Annual Meeting. At
the Annual Meeting on May 26, 2005, all of the Trusts&#146; Directors serving at
that time were present.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>*</b></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>HOW CAN THE
  TRUSTS&#146; SHAREHOLDERS SEND COMMUNICATIONS TO THE DIRECTORS?</b> </FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shareholders
and other interested parties may contact the Boards or any member of the Boards
by mail or electronically. To communicate with the Boards or any member of the
Boards, correspondence should be addressed to the Board or the Board members
with whom you wish to communicate by either name or title. All such
correspondence should be sent c/o Secretary of the applicable Trust or Trusts
at P.O. Box 4546, New York, New York 10163. Shareholders may communicate with
the Boards electronically by sending an email to
closedendfundsbod@blackrock.com.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>*</b></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>HOW MANY
  SHARES OF THE TRUSTS DO THE DIRECTORS OWN?</b></FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
chart attached hereto as Appendix D lists the number of shares beneficially
owned by the Directors and the number of share equivalents owned by the
Directors pursuant to the Directors&#146; deferred compensation plan. </FONT></P>

<P ALIGN=CENTER><FONT  SIZE=2>8</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>*</b></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>HOW OFTEN DO
  THE DIRECTORS MEET? </b></FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
each Trust&#146;s last full fiscal year, each Director attended at least 75% of the
aggregate of: (i) all regular meetings of the Board of each Trust (held during
the period for which the Director served on the Board); and (ii) all meetings
of all committees of the Board of each Trust on which the Director served
(during the periods that the Director served). The number of meetings held are
set forth below.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="30%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="22%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="13%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="14%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>


  <TD  ROWSPAN="2" VALIGN=BOTTOM style=" border-right:1px solid black;  border-left:1px solid black;border-top:1px solid black;">
  <P ALIGN=CENTER><FONT SIZE=1><B>Trust</B></FONT></P>
  </TD>
  <TD  ROWSPAN="2" VALIGN=TOP style=" border-right:1px solid black; border-top:1px solid black;">
  <P ALIGN=CENTER><FONT SIZE=1><B>Most Recent Fiscal<BR>
  Year</B></FONT></P>
  </TD>
  <TD  COLSPAN="3" VALIGN=TOP style="border-right:1px solid black; border-top:1px solid black; border-bottom:1px solid black;">
  <P ALIGN=CENTER><FONT SIZE=1><B>Number of Meetings</B></FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-right:1px solid black; ">
  <P ALIGN=CENTER><FONT SIZE=1><B>Full Board</B></FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-right:1px solid black; ">
  <P ALIGN=CENTER><FONT SIZE=1><B>Governance Committee</B></FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-right:1px solid black; ">
  <P ALIGN=CENTER><FONT SIZE=1><B>Audit Committee</B></FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=top style="border-right:1px solid black;  border-left:1px solid black;border-top:1px solid black;">
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=2>BZA,
  BIE, BZM, BBK, <BR>
  BLJ, BQH, BHV, BLE,<BR>
  BCL, BFY, BYM, BCK,<BR>
  BAF and BSE</FONT></P>
  </TD>
  <TD   style="border-right:1px solid black;  border-top:1px solid black; ">
  <P ALIGN=CENTER><FONT SIZE=2>September
  1, 2004 to<BR>
  August 31, 2005&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
  </TD>
    <TD  VALIGN=middle  style="border-right:1px solid black;  border-top:1px solid black">
  <P ALIGN=CENTER><FONT SIZE=2>7</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black">
  <P ALIGN=CENTER><FONT SIZE=2>4</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black">
  <P ALIGN=CENTER><FONT SIZE=2>7</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=top style="border-right:1px solid black;  border-left:1px solid black;border-top:1px solid black;">
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=2>BNA,
  BHD, BCT, BHY,<BR>
  BKN, BKT, RAA, RNJ,<BR>
  RNY, BHK, RFA, BBF,<BR>
  BFK, BFZ, BNJ, BLW,<BR>
  BNY, BQY, BDT, BDV<BR>
  and BGT</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black; ">
  <P ALIGN=CENTER><FONT SIZE=2>November
  1, 2004 to<BR>
  October 31, 2005&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black">
  <P ALIGN=CENTER><FONT SIZE=2>7</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black">
  <P ALIGN=CENTER><FONT SIZE=2>4</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black;">
  <P ALIGN=CENTER><FONT SIZE=2>7</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=top style="border-right:1px solid black;  border-left:1px solid black; border-top:1px solid black; border-bottom:1px solid black;">
  <P STYLE='MARGIN-LEFT:.1IN'><FONT SIZE=2>BMN,
  BFC, BLN, BMT,<BR>
  BRM, BPS, BRF, BSD,<BR>
  BJZ, BLH, BKK, BFO,<BR>
  BPP and BPK</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black; border-bottom:1px solid black;">
  <P ALIGN=CENTER><FONT SIZE=2>January
  1, 2005 to&nbsp;&nbsp;<BR>
  December 31, 2005</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black; border-bottom:1px solid black;">
  <P ALIGN=CENTER><FONT SIZE=2>7</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black; border-bottom:1px solid black;">
  <P ALIGN=CENTER><FONT SIZE=2>4</FONT></P>
  </TD>
  <TD  VALIGN=middle style="border-right:1px solid black;  border-top:1px solid black; border-bottom:1px solid black;">
  <P ALIGN=CENTER><FONT SIZE=2>7</FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annual
meeting information and Directors&#146; attendance for BGR, BOE, BDJ, BME, BWC and
BTA have not been provided because such Trusts have not been in operation for a
full fiscal year. HIS joined the BlackRock Closed-End Fund complex on March 1,
2005. Annual meeting information and Directors&#146; attendance for HIS is not
included because HIS did not operate for one full fiscal year as part of the
BlackRock Closed-End Fund complex.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>*</b></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>WHAT ARE THE
  DIRECTORS PAID FOR THEIR SERVICES?</b></FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth certain information regarding the compensation of
the Trusts&#146; Independent Directors (the Trusts&#146; interested Directors do not
receive a salary from the Trusts).</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="39%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="12%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="16%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="32%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=CENTER><FONT SIZE=1><B>NAME OF DIRECTOR</B></FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  COLSPAN="2" VALIGN=BOTTOM>
  <P ALIGN=CENTER><FONT SIZE=1><B>TOTAL COMPENSATION FROM THE FUND<BR>
  COMPLEX PAID TO DIRECTORS<SUP>(1)</SUP></B></FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM>
  <HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  COLSPAN="2" VALIGN=BOTTOM>
  <HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>Andrew F.
  Brimmer</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$290,000
  (2)(3)(4)</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Richard E.
  Cavanagh</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$210,000
  (2)(4)</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>Kent Dixon</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$210,000
  (2)(4)</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Frank J.
  Fabozzi</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$210,000
  (2)(4)</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>Kathleen F.
  Feldstein</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$190,000 (2)</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>R. Glenn
  Hubbard</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$190,000 (2)</FONT></P>
  </TD>
 </TR>
</TABLE>

<P><HR NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT size=1>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>(1)</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Represents
  the total compensation earned by such persons during the calendar year ended
  December 31, 2005, from the fund complex. </FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>(2)</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Represents
  the aggregate compensation earned by such persons during the calendar year
  ended December 31, 2005. Of this amount, Dr. Brimmer, Mr. Cavanagh, Mr.
  Dixon, Mr. Fabozzi, Ms. Feldstein and Mr. Hubbard deferred $50,000, $50,000,
  $50,000, $50,000, $30,000 and $190,000, respectively, pursuant to the Fund
  Complex&#146;s deferred compensation plan (described below). </FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>(3)</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Dr. Brimmer
  serves as &#147;lead independent director&#148; for each Board in the Fund Complex. For
  his services as lead independent director, Dr. Brimmer was compensated in the
  amount of $50,000 per annum by the Fund Complex allocated among the </FONT></P>
  </TD>
 </TR>
</TABLE>

<P ALIGN=CENTER><FONT  SIZE=2>9</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Trusts in
  the Fund Complex based on each Trust&#146;s relative net assets. Dr. Brimmer
  received an additional $30,000 per annum from the Fund Complex for his
  service as the Audit Committee Chairman of the Fund Complex.</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>(4)</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>Messrs.
  Brimmer, Cavanagh, Dixon and Fabozzi serve on the Audit Committee of the Fund
  Complex and for their service received an additional $20,000 per annum,
  allocated among the Trusts in the Fund Complex based on their relative net
  assets.</FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the last fiscal year, each Independent Director received an annual fee
calculated as follows: (i) $6,000 from each Trust in the Fund Complex and (ii)
$1,000 for each meeting of each Board in the Fund Complex attended by such
Independent Director. The total annual aggregate compensation for each
Independent Director was capped at $190,000 per annum, except that Dr. Brimmer
received an additional $50,000 per annum from the Fund Complex for acting as
the lead independent director for each Board in the Fund Complex and an
additional $30,000 per annum from the Fund Complex for acting as the Audit
Committee Chairman of the Fund Complex and Messrs. Brimmer, Cavanagh, Dixon and
Fabozzi received an additional $20,000 per annum, from the Fund Complex for
their service on the Audit Committee of the Fund Complex. This additional
compensation to Messrs. Brimmer, Cavanagh, Dixon and Fabozzi was allocated
among the Trusts in the Fund Complex based on their relative net assets. In the
event that the $190,000 cap was met with respect to an Independent Director,
the amount of the Independent Director&#146;s fee borne by each Trust in the Fund
Complex was reduced by reference to the net assets of the Trust relative to the
other Trusts in the Fund Complex. In addition, the attendance fees of each
Independent Director of the Trusts were reduced proportionately, based on each
respective Trust&#146;s net assets, so that the aggregate per meeting fee for all
meetings of the Boards of the Trusts (excluding the per annum Audit Committee
fee) held on a single day did not exceed $15,834 for any Independent Director. </FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following Directors&#146; fees were accrued by the following Trusts during their
last fiscal year from January 1, 2005 to December 31, 2005. These amounts
include fees accrued by Messrs. LaForce and Mondale, who were members of the
Board in 2005 and retired on February 23, 2006. </FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="14%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="14%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="16%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BRM</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$73,000</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BGT</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$56,700</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BLH</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$12,800</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BLN</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$27,700</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BPS</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$12,400</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BPP</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$54,500</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BFC</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$25,900</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BSD</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$15,300</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BKK</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$40,200</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BRF</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$20,800</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BMT</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$39,700</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>HIS</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$27,000</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BFO</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$13,100</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BJZ</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$13,500</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BTA<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>&#150;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BMN</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$67,700</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BPK</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$33,200</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
</TABLE>

<P><HR NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT size=1>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BTA was not
  yet formed during this time period. </FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following Directors&#146; fees were accrued by the following Trusts during their
last fiscal year from November 1, 2004 to October 31, 2005:</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="15%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="17%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="15%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="17%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="16%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="17%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BHY</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$12,500</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>RNY</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$12,200</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BHK</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$58,000</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BCT</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$12,700</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BKN</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$36,600</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BHD</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$13,900</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>RAA</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$12,200</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BNA</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$59,600</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BFK</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$79,600</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>RFA</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$12,200</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BBF</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$14,200</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BNJ</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$15,700</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BFZ</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$30,700</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BNY</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$26,600</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BLW</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$79,900</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>RNJ</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$12,200</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BKT</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$58,100</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BDV</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$88,300</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BDT</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$57,800</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BQY</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$15,000</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BDJ<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$23,500</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BGR<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$75,600</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BOE<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$13,100</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BME<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$14,100</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BWC<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$&nbsp;&nbsp;1,000</FONT></P>
  </TD>
 </TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  COLSPAN="2" VALIGN=TOP>
  <P><HR NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT size=1>

  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BGR, BOE, BDJ, BME and BWC
  accruals do not represent a full fiscal year because these Trusts were formed
  during the fiscal period.</FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following Directors&#146; fees were accrued by the following Trusts during their
last fiscal year from September 1, 2004 to August 31, 2005:</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="14%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="14%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="14%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BBK</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$21,200</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BHV</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$12,400</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BYM</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$54,400</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BZA</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$12,800</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BLE</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$45,300</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BCK</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$13,100</FONT></P>
  </TD>
 </TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>10</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="14%" VALIGN=TOP BGCOLOR="#E6E6E6">
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP BGCOLOR="#E6E6E6">
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="14%" VALIGN=TOP BGCOLOR="#E6E6E6">
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP BGCOLOR="#E6E6E6">
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="14%" VALIGN=TOP BGCOLOR="#E6E6E6">
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="18%" VALIGN=TOP BGCOLOR="#E6E6E6">
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BIE</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$12,800</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BCL</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$16,100</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BAF</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$18,300</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BZM</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$12,400</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BLJ</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$12,400</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>BSE</FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2>$13,500</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BQH</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$12,800</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BFY</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$13,100</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the Directors received any pension or retirement benefits. Under the deferred
compensation plan (the &#147;Plan&#148;) approved by each Trust&#146;s Board, Independent
Directors may elect to defer receipt of all or a portion of their annual
compensation. As of January 1, 2003, the Board elected to require its
Independent Directors to defer a portion of their annual compensation pursuant
to the Plan. Deferred amounts earn an approximate return as though equivalent
dollar amounts had been invested in common shares of certain BlackRock
closed-end Trusts selected by the Directors. This has approximately the same
economic effect for the Directors as if the Directors had invested the deferred
amounts in such Trusts. The Plan is not funded and obligations thereunder
represent general unsecured claims against the general assets of the Trust.
Each Trust may, however, elect to invest in common shares of those Trusts
selected by the Directors in order to match its deferred compensation
obligations. </FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Independent Directors deferred at least $30,000 of their $190,000 base fee
pursuant to the Plan. Also, members of the Audit Committee of the Fund Complex
deferred all of the $20,000 per annum fee they received for their services on
the Audit Committee pursuant to the Plan.</FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the officers of the Trusts received any compensation, including pension or
retirement benefits, from the Trusts for such period. Messrs. Schlosstein,
Kapito, Gabbay, Klingert, Kong, Gary, Tritto, Battista, Kindelan and Ms.
Ackerley, officers of the Trusts, are also affiliated with the Adviser or its
affiliates. They receive compensation from the Advisor or one of its
affiliates, although under the terms of the investment advisory agreements some
portion of their compensation could be re&#173;imbursable by a particular Trust to
the extent such person&#146;s working time (other than time related to providing
investment advisory services) is devoted to certain of that particular Trust&#146;s
operations. </FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Directors have adopted a new compensation structure for 2006. Under the new
compensation structure, the Trusts anticipate that each Director will be
compensated as follows: </FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="90%">
 <TR style="font-size:1px">
  <TD WIDTH="86%" VALIGN=TOP>
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'>&nbsp;</P>
  </TD>
  <TD WIDTH="13%" VALIGN=TOP>
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-top:1px solid black; border-left:1px solid black; border-right:1px solid black">
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-top:1px solid black;  border-right:1px solid black">
  <P ALIGN=CENTER STYLE='MARGIN-RIGHT:.1IN;    MARGIN-LEFT:.1IN; '><FONT    SIZE=2>New Fee</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black;">
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'><FONT SIZE=2>Annual Board Retainer Fee (continue mandatory deferral of
$30,000)</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-right:1px solid black;">
  <P ALIGN=RIGHT STYLE='MARGIN-RIGHT:.1IN;    MARGIN-LEFT:.1IN; '><FONT    SIZE=2>$190,000</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black;">
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'><FONT SIZE=2>Anuual Board Meeting Fee (6 meetings including 2 telephonic)</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-right:1px solid black;">
  <P ALIGN=RIGHT STYLE='MARGIN-RIGHT:.1IN;    MARGIN-LEFT:.1IN; '><FONT    SIZE=2>0</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black;">
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sub Total Annual Board Retainer and Meeting Fees</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-right:1px solid black;">
  <P ALIGN=RIGHT STYLE='MARGIN-RIGHT:.1IN;    MARGIN-LEFT:.1IN; '><FONT    SIZE=2>190,000</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black;">
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'><FONT SIZE=2>Annual Audit Committee Meeting Fee (6 meetings including 4
  telephonic, which may or may not occur in conjunction with regularly
  scheduled board meetings) (continue mandatory deferral of $20,000)</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-right:1px solid black;">
  <P ALIGN=RIGHT STYLE='MARGIN-RIGHT:.1IN;    MARGIN-LEFT:.1IN; '><FONT    SIZE=2>30,000</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black;">
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'><FONT SIZE=2>Annual Audit Committee Chair Fee</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-right:1px solid black;">
  <P ALIGN=RIGHT STYLE='MARGIN-RIGHT:.1IN;    MARGIN-LEFT:.1IN; '><FONT    SIZE=2>30,000</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black;">
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'><FONT SIZE=2>Annual Lead Director Fee</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-right:1px solid black;">
  <P ALIGN=RIGHT STYLE='MARGIN-RIGHT:.1IN;    MARGIN-LEFT:.1IN; '><FONT    SIZE=2>60,000</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black;">
  <P STYLE='MARGIN-RIGHT:.1IN;MARGIN-LEFT:.1IN'><FONT SIZE=2>Each Board/Audit Committee Meeting Fee in excess of the 6 scheduled
  meetings (either in-person or telephonic, including organizational meetings
  for new funds other than meetings held in conjunction with regularly
  scheduled meetings)</FONT></P>
  </TD>
  <TD  VALIGN=TOP style="border-bottom:1px solid black; border-right:1px solid black;">
  <P ALIGN=RIGHT STYLE='MARGIN-RIGHT:.1IN;    MARGIN-LEFT:.1IN; '><FONT    SIZE=2>3,000</FONT></P>
  </TD>
 </TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
 <TR style="font-size:1px">
  <TD WIDTH="5%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
  <TD WIDTH="95%" VALIGN=TOP>
  <P>&nbsp;</P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>*</b></FONT></P>
  </TD>
  <TD  VALIGN=TOP>
  <P><FONT SIZE=2><b>HOW LARGE A
  STAKE DO THE DIRECTORS HAVE IN THE TRUSTS?</b></FONT></P>
  </TD>
 </TR>
</TABLE>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Directors believe each Director should have a beneficial investment in the
BlackRock closed-end Trusts. The Directors allocate their investments among the
56 active BlackRock closed-end Trusts based on their own investment needs. The
table attached at Appendix E to this Proxy Statement sets forth the dollar
range of equity securities beneficially owned and share equivalents held by
each Director in all of the BlackRock closed-end Trusts represented in this
Proxy Statement as of February 28, 2006.</FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>11</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>




<P><FONT SIZE=2><b>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHAT
VOTE IS REQUIRED TO APPROVE THIS PROPOSAL?</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
affirmative vote of a plurality of the shares present for each Trust at the
Annual Meeting at which a quorum is present and entitled to vote on a Director
is necessary to approve the respective Director nominated under Proposal 1 for
each respective Trust.</FONT></P>

<P><FONT SIZE=2><b>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HOW
DO THE DIRECTORS RECOMMEND I VOTE ON THIS PROPOSAL?</b></FONT></P>

<P><FONT SIZE=2><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE
BOARD OF EACH TRUST HAS APPROVED SUBMITTING THIS PROPOSAL TO SHAREHOLDERS OF
EACH TRUST.  THE BOARD OF EACH TRUST,
INCLUDING THE INDEPENDENT DIRECTORS, UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148;
EACH OF THE DIRECTORS NOMINATED UNDER THIS PROPOSAL.</b></FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>* * * * *</FONT></P>

<P><FONT SIZE=2><b>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>SECOND
PROPOSAL</U>:  FOR EACH OF BHY, BPS AND
BSD, TO AMEND ITS DECLARATION OF TRUST TO EXPAND THE AUTHORITY OF THE EXECUTIVE
COMMITTEE OF THE BOARD OF TRUSTEES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Declaration of Trust of each of BHY, BPS and BSD (the &#147;Proposal 2 Trusts&#148;)
currently permits the following:  &#147;The
Trustees may designate an executive committee which shall have all the authority
of the entire Board of Trustees except such committee cannot declare dividends
and cannot authorize removal of a trustee or any merger, consolidation or sale
of substantially all of the assets of the Trust.&#148;  </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Directors believe that consistency among the Declarations of Trust for the
Trusts organized as Delaware statutory trusts generally enhances efficiency in
administering the various Trusts.  To
this end, the Directors believe that creating a uniform provision regarding
delegation and committees for all of the Delaware statutory trusts is in the
best interests of the shareholders of the Trusts, including the Proposal 2
Trusts.  In order to achieve uniformity
in the BlackRock closed-end Trusts family, it is necessary for each Proposal 2
Trust to revise the provision to allow as follows:  &#147;The Trustees may designate one or more committees which shall
have all or such lesser portion of the authority of the entire Board of
Trustees as the Trustees shall determine from time to time, except to the
extent action by the entire Board of Trustees or particular Trustees is
required by the 1940 Act.&#148;  The
Directors believe that this amendment would increase the efficiency of the
operation of the Proposal 2 Trusts, primarily by permitting the Executive
Committee to declare dividends.  </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
affirmative vote of a majority of the outstanding shares of a Proposal 2 Trust
is necessary to approve Proposal 2 for the respective Trust.  Holders of common shares and preferred
shares vote together as a single class with respect to this proposal.  </FONT></P>

<P><FONT SIZE=2><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE
BOARD OF EACH PROPOSAL 2 TRUST HAS APPROVED SUBMITTING THIS PROPOSAL TO
SHAREHOLDERS OF THE RESPECTIVE PROPOSAL 2 TRUST.  THE BOARD OF EACH PROPOSAL 2 TRUST, INCLUDING THE INDEPENDENT
DIRECTORS, UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148; THIS PROPOSAL.</b></FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>* * * * *</FONT></P>

<P><FONT SIZE=2><b>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>THIRD
PROPOSAL</U>:  FOR EACH OF THE PROPOSAL
3 TRUSTS, TO AMEND ITS RESPECTIVE CERTIFICATE OF DESIGNATION OR STATEMENT OF
PREFERENCES, AS APPROPRIATE, TO REVISE THE LANGUAGE REGARDING PREFERRED SHARES
TO ALLOW THE TRUSTS TO FOLLOW THE MOST RECENT GUIDELINES OF S&amp;P, MOODY&#146;S
AND/OR FITCH, AS APPROPRIATE, FOR CREDIT RATING CRITERIA IN EFFECT FROM TIME TO
TIME TO MAINTAIN A &#147;AAA&#148; RATING ON PREFERRED SHARES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Certificate of Designation or Statement of Preferences, as appropriate, of each
of RAA, RFA, RNJ, RNY, BKN, BFC, BRM, BLN, BSD, BRF and BMT (the &#147;Proposal 3
Trusts&#148;) currently imposes credit rating standards that were in effect for
S&amp;P, Moody&#146;s and/or Fitch, as appropriate, at the time the preferred shares
were initially offered.  In order to
keep current the credit rating standards applicable to Proposal 3 Trusts, it is
necessary to allow the Proposal 3 Trusts to follow the most recent credit
rating criteria of S&amp;P, Moody&#146;s and/or Fitch required to maintain a &#147;AAA&#148;
rating on preferred shares.  Revising
such language will allow the Proposal 3 Trusts to follow the preferred share
testing standards as the standards change over time.  If the Third Proposal is approved by the shareholders of a
Proposal 3 Trust, the Certificate of Designation or Statement of Preferences,
as appropriate, of such Trust will be amended, accordingly.</FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>12</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
affirmative vote of the holders of a majority of the outstanding preferred
shares of a Proposal 3 Trust is necessary to approve Proposal 3 for the
respective Trust.  </FONT></P>

<P><FONT SIZE=2><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE
BOARD OF EACH PROPOSAL 3 TRUST HAS APPROVED SUBMITTING THIS PROPOSAL TO
SHAREHOLDERS OF THE RESPECTIVE PROPOSAL 3 TRUST.  THE BOARD OF EACH PROPOSAL 3 TRUST, INCLUDING THE INDEPENDENT
DIRECTORS, UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148; THIS PROPOSAL.</b></FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>* * * * *</FONT></P>

<P><FONT SIZE=2><b>FURTHER
INFORMATION ABOUT VOTING AND THE ANNUAL MEETING</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
cost of soliciting proxies will be borne by each Trust in proportion to the
amount of proxies solicited on behalf of a Trust bears to the total proxies
solicited on behalf of all of the Trusts.
In addition, certain officers, directors and employees of each of the
Trusts and the Advisor, located at 100 Bellevue Parkway, Wilmington, Delaware
19809 (none of whom will receive additional compensation therefor) may solicit
proxies by telephone or mail.  Also,
certain of the Trusts may employ The Altman Group, Inc. pursuant to its
standard contract as proxy solicitor, the cost of which will be borne
proportionately by each of the Trusts and is estimated to be approximately
$2,500 per Trust.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Abstentions
will be counted as shares present at the Annual Meeting and will not affect the
result of the vote on Proposal 1.
Abstentions on Proposals 2 and 3 will have the same effect as a negative
vote.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
properly executed proxies received prior to the Annual Meeting will be voted at
the Annual Meeting in accordance with the instructions marked thereon or
otherwise as provided therein.
Shareholders may revoke their proxies at any time prior to the time they
are voted by giving written notice to the Secretary of the Trust by delivering
a subsequently dated proxy or by attending and voting at the Annual Meeting.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Board of each Trust has fixed the close of business on February 28, 2006 as the
record date for the determination of shareholders of each Trust entitled to
notice of, and to vote at, the Annual Meeting.
Shareholders of each Trust on that date will be entitled to one vote on
each matter to be voted on by that Trust for each share held and a fractional
vote with respect to each fractional share held with no cumulative voting
rights.</FONT></P>

<P ALIGN=CENTER><FONT SIZE=2><b>ADDITIONAL INFORMATION</b></FONT></P>

<P><FONT SIZE=2><b>EXECUTIVE
OFFICERS</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition to Messrs. Schlosstein and Kapito, the following executive officers
hold the same position with each of the Trusts.  </FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR style="font-size:1px" >
<TD WIDTH="31%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="31%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="31%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>NAME AND AGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TITLE</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1><B>OTHER PRINCIPAL OCCUPATIONS IN<BR>
  PAST 5 YEARS</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Anne Ackerley <BR>
  Age:  44</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Vice President</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Managing Director of
  BlackRock since 2000.  Formerly First
  Vice President and Chief Operating Officer, Mergers and Acquisitions Group at
  Merrill Lynch &amp; Co. from 1997 to 2000; First Vice President and Chief
  Operating Officer, Public Finance Group at Merrill Lynch &amp; Co. from 1995
  to 1997; First Vice President, Emerging Markets Fixed Income Research at
  Merrill Lynch &amp; Co. prior thereto.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Bartholomew Battista <BR>
  Age: 47</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Chief Compliance Officer</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Chief Compliance Officer
  and Anti-Money Laundering Compliance Officer of BlackRock since 2004.  Chief Com&#173;pliance Officer and Anti-Money
  Laundering Compliance Officer of BlackRock Funds since 2004.  Managing Director (since 2003), and
  Director (2000-2002) of BlackRock  </FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>13</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR style="font-size:1px" >
<TD WIDTH="31%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="31%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="31%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Compliance
  Officer at Moore Capital Manage&#173;ment from 1995-1998.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Henry Gabbay
  <BR>
  Age: 58</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Treasurer</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Managing
  Director of BlackRock and its predecessor entities.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Jeff Gary <BR>
  Age: 43</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Vice
  President</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Managing
  Director of BlackRock since 2003.
  Formerly, Managing Director and high yield portfolio manager with AIG
  (American General) Investment Group.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Brian P.
  Kindelan <BR>
  Age: 46</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Assistant
  Secretary</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Managing
  Director and Senior Counsel (since January 2005), Director and Senior Counsel
  (2001-2004) and Vice President and Senior Counsel (1998-2000), BlackRock;
  Senior Counsel, PNC Bank Corp. from May 1995 to April 1998; Associate,
  Stradley, Ronon, Stevens &amp; Young, LLP from March 1990 to May 1995. </FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Kevin
  Klingert <BR>
  Age: 43</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Vice
  President</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Managing
  Director of BlackRock and its predecessor entities. </FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>James Kong <BR>
  Age: 45</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Assistant
  Treasurer</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Managing
  Director of BlackRock and its predecessor entities.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Vincent B.
  Tritto <BR>
  Age: 44</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Secretary</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>Managing
  Director, Senior Counsel and Assistant Secretary of BlackRock (since January
  2005) and Director, Senior Counsel and Assistant Secretary (2002-2004) of
  BlackRock.  Formerly, Executive
  Director (2000-2002) and Vice President (1998-2000), Morgan Stanley &amp; Co.
  Incorporated and Morgan Stanley Asset Management Inc. and officer of various
  Morgan Stanley-sponsored investment vehicles; Counsel (1998) and associate
  (1988-1997), Rogers &amp; Wells LLP, New York, NY; Foreign Associate
  (1992-1994), Asahi Law Offices/Masuda &amp; Ejiri, Tokyo, Japan. </FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2><b>INVESTMENT
ADVISOR</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Advisor, located at 100 Bellevue Parkway, Wilmington, Delaware 19809, is a
wholly owned subsidiary of BlackRock, which is one of the largest publicly
traded investment management firms in the United States, with approximately
$452.7 billion of assets under management as of December 31, 2005.  BlackRock manages assets on behalf of
institutions and individual investors worldwide, through a variety of equity,
fixed income, liquidity and alternative investment separate accounts and mutual
funds, including the BlackRock Funds and BlackRock Liquidity Funds.  In addition, BlackRock provides risk
management and investment system services to a growing number of institutional
investors under the BlackRock Solutions<SUP>(R)</SUP> name.  Clients are served from BlackRock&#146;s
headquarters in New York City, as well as offices in Boston, Edinburgh, Hong
Kong, Morristown, San Francisco, Singapore, Sydney, Tokyo and Wilmington.  BlackRock is a member of The PNC Financial
Services Group, Inc. (NYSE: PNC), one of the largest diversified financial
services organizations in the United States, and is majority owned by PNC and
by BlackRock employees.  The Advisor
also acts as the administrator of the Trusts.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackRock,
Inc. and Merrill Lynch &amp; Co., Inc. (&#147;Merrill Lynch&#148;) announced on February
15, 2006 that they had reached an agreement to merge Merrill Lynch&#146;s investment
management business, Merrill Lynch Investment Managers, with BlackRock to
create a new independent company. Merrill Lynch will have a 49.8% economic
interest and a 45% voting interest in the combined company and PNC, which
currently holds a majority interest in BlackRock, will have approximately a 34%
economic and voting interest. The new company will operate under the BlackRock
name and be governed by a board of directors with a </FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>14</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>



<P><FONT SIZE=2>majority of
independent members. Each of Merrill Lynch and PNC has agreed that it will vote
all of its shares on all matters in accordance with the recommendation of
BlackRock&#146;s board in order to assure its independence. Completion of the
transaction is subject to various regulatory approvals, client consents,
approval by BlackRock shareholders and customary conditions.</FONT></P>

<P ><FONT SIZE=2><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The executive officers of the Advisor are:</b></FONT></P>

<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="34%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="47%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1><B>NAME</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1><B>POSITION</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>Laurence D.
  Fink</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>Chief
  Executive Officer</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>Ralph L.
  Schlosstein</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>President</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>Robert S.
  Kapito</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>Vice
  Chairman</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>Robert P.
  Connolly</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>General
  Counsel and Secretary </FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>Bartholomew
  Battista</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>Chief
  Compliance Officer</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.
Schlosstein is a Director of the Trusts, Mr. Kapito is an officer and Director of
the Trusts and Mr. Battista is an officer of the Trusts.</FONT></P>

<P><FONT SIZE=2><b>INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deloitte
&amp; Touche LLP (&#147;D&amp;T&#148;) has been selected as the independent registered
public accounting firm by the Audit Committee of each Trust and ratified by a
majority of each Trust&#146;s Board, including a majority of the Independent
Directors, by vote cast in person, to audit the accounts of each Trust for and
during each Trust&#146;s fiscal year ending in 2006.  None of the Trusts knows of any direct or indirect financial
interest of D&amp;T in the Trusts.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Representatives
of D&amp;T will attend the Annual Meeting, will have the opportunity to make a
statement if they desire to do so and will be available to answer questions.</FONT></P>

<P><FONT SIZE=2><b>AUDIT FEES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
aggregate fees billed to each Trust by D&amp;T for professional services
rendered for the audit of each Trust&#146;s annual financial statements for the most
recent fiscal year (or period) were in the following amounts: </FONT></P>

<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>29,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>22,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>27,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>30,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>69,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>32,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>40,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>27,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>23,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>31,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>26,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>26,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>34,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>15,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>26,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>31,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>88,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>27,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>28,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>27,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>26,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>27,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>26,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>39,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>34,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>26,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>43,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>34,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>28,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>27,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>25,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>25,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>21,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>40,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>30,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>39,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>39,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>32,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BGR<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>29,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>22,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BZM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>28,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BME<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>28,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BOE<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>42,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE="2">BDJ<SUP>(1)</SUP> </FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>33,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE="2">BWC<SUP>(1)</SUP> </FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>47,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE="2">BTA<SUP>(1,2)</SUP> </FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>5,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><HR  size=1 NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(1)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>BGR, BME, BOE, BDJ, BWC
  and BTA have not completed a full fiscal year.  However BGR, BME, BOE, BDJ and BWC have nonetheless paid to
  D&amp;T fees for professional services rendered for the audit of their annual
  financial statements.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(2)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>Initial seed audit fee.</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>15</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
aggregate fees billed to each Trust<SUP>(1)
</SUP>by D&amp;T for professional services rendered for the audit of
each Trust&#146;s annual financial statements for the fiscal year preceding the most
recent one were in the following amounts:</FONT></P>

<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>29,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>22,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>28,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>34,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>60,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>30,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>39,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>26,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>23,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>31,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>26,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>31,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>11,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>25,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>29,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>74,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>26,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>27,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>27,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>26,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>26,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>25,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>38,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>29,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>26,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>41,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>34,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>27,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>27,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>25,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>25,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>21,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT <SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>41,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>35,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDT<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>32,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BQY<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>28,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>32,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>22,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BZM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS<SUP>(2)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>42,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><HR  size=1 NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(1)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>BDV, BDT,
  BQY and BGT had not completed a full fiscal year.  However BDV, BDT, BQY and BGT had nonetheless paid to D&amp;T
  fees for professional services rendered for the audit of their annual
  financial statements.  BGR, BME, BOE,
  BDJ, BWC and BTA are not included in the above chart because such Trusts had
  either not completed their initial fiscal year (or period) or had not yet
  been formed in the fiscal year preceding the most recent one.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(2)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>HIS joined the BlackRock
  Closed-End Fund complex on March 1, 2005.
  Prior to this date the annual audit of the financial statements was performed by
PricewaterhouseCoopers, LLP.</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2><b>AUDIT-RELATED
FEES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The aggregate
fees billed in the most recent fiscal year (or period) to each Trust<SUP>(1)</SUP>
by D&amp;T for assurance and related services reasonably related to the performance
of the audit of each Trust&#146;s annual financial statements are as listed
below.  The nature of these services was
attest services not required by statute or regulation and out-of-pocket
expenses.  The fees for each Trust were
in the following amounts:</FONT></P>

<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BGR<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BZM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>5,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BME<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BOE<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDJ<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BWC<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BTA<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><HR  size=1 NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(1)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>BGR, BME, BOE, BDJ, BWC
  and BTA have not completed a full fiscal year.  </FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
aggregate fees billed in the fiscal year preceding the most recent to each
Trust<SUP>(1) </SUP>by D&amp;T for assurance and related services reasonably
related to the performance of the audit of each Trust&#146;s annual financial
statements were in the amounts listed below.
The nature of these services was attest services not required by statute
or regulation and out-of-pocket expenses.
The fees for each Trust were in the following amounts:</FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>16</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>5,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>3,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>1,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>4,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>4,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>5,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDT<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BQY<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>4,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BZM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS<SUP>(2)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>12,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><HR  size=1 NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(1)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>BDV, BDT,
  BQY and BGT had not completed a full fiscal year.  BGR, BME, BOE, BDJ, BWC and BTA are not included in the above
  chart because such Trusts had either not completed their initial fiscal year
  (or period) or had not yet been formed in the fiscal year preceding the most
  recent one.</FONT></P>
</TD>
</TR>

<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>


<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(2)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>HIS joined
  the BlackRock Closed-End Fund complex on March 1, 2005.  Prior to this date the Trust paid
  PricewaterhouseCoopers, LLP for assurance and related services reasonably
  related to the performance of the audit of the Trust&#146;s annual financial
  statements.</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2><b>TAX FEES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
aggregate fees billed in the most recent fiscal year (or period) to each Trust<SUP>(1)</SUP>
by D&amp;T for professional services rendered for tax compliance, tax advice
and tax planning are as listed below.
The nature of these services was federal, state and local income and
excise tax return preparation and related advice and planning, determination of
taxable income for CMO&#146;s, and miscellaneous tax advice.  The fees for each Trust are in the following
amounts: </FONT></P>

<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>15,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BGR<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>4,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BZM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BME<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BOE<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>3,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDJ<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>3,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BWC<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BTA<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><HR  size=1 NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(1)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>BRG, BME,
  BOE, BDJ, BWC and BTA have not completed a full fiscal year.  However BGR, BME, BOE and BDJ have
  nonetheless paid to D&amp;T fees for professional services rendered for tax
  compliance, tax advice and tax planning.</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
aggregate fees billed in the fiscal year preceding the most recent one to each
Trust<SUP>(1) </SUP>by D&amp;T for tax compliance, tax advice and
tax planning were as listed below.  The
nature of these services was federal, state and local income and excise tax
return preparation and related advice and planning, determination of taxable
income for CMO&#146;s, and miscellaneous tax advice.  The fees for each Trust were in the following amounts:</FONT></P>

<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>8,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>21,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>12,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>8,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>8,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>8,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>11,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>11,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>3,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>7,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>17</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>8,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>9,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>3,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>11,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>13,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>8,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>8,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>8,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>11,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>6,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>6,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>6,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>8,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>4,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>8,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>8,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>6,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>6,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDT<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>6,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BQY<SUP>(1)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>8,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BZM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>8,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS<SUP>(2)</SUP></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>6,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><HR  size=1 NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(1)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>BDV, BDT,
  BQY and BGT had not completed a full fiscal year.  However BDV and BDT had nonetheless paid to D&amp;T fees for
  professional services rendered for tax compliance, tax advice and tax
  planning.  BGR, BME, BOE, BDJ, BWC and
  BTA are not included in the above chart because such Trusts had either not
  completed their initial fiscal year (or period) or had not yet been formed in
  the fiscal year preceding the most recent one.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(2)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>HIS joined
  the BlackRock Closed-End Fund complex on March 1, 2005.  Prior to this date the Trust paid
  PricewaterhouseCoopers, LLP for professional services rendered for tax
  compliance, tax advice and tax planning.</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2><b>ALL OTHER FEES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Trusts hired D&amp;T to conduct a complete review of their compliance
procedures and provide an attestation regarding such review.  </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
aggregate amount billed in the most recent fiscal year (or period) by D&amp;T
for services rendered to the Trusts for this compliance procedures review and
attestation were in the following amounts:</FONT></P>

<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>900</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>4,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>600</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>4,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>3,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>1,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>5,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>2,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>600</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>3,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>5,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BZM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>1,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Trust paid D&amp;T fees for other services other than those described above
during the fiscal year (or period) preceding the most recent one.</FONT></P>

<P><FONT SIZE=2><b>AGGREGATE
NON-AUDIT FEES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
aggregate non-audit fees billed in the most recent fiscal year (or period) by
D&amp;T for services rendered to the Trusts are in the following amounts:</FONT></P>

<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN="BOTTOM" ALIGN="CENTER">
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,900</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>9,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN="BOTTOM" BGCOLOR="#E6E6E6" WIDTH="9%" ALIGN="CENTER">
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>15,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN="BOTTOM" WIDTH="9%" ALIGN="CENTER">
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>12,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>9,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>9,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN="BOTTOM" BGCOLOR="#E6E6E6" WIDTH="9%" ALIGN="CENTER">
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>9,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>13,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>9,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN="BOTTOM" WIDTH="9%" ALIGN="CENTER">
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>12,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>9,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN="BOTTOM" BGCOLOR="#E6E6E6" WIDTH="9%" ALIGN="CENTER">
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>13,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>9,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN="BOTTOM" WIDTH="9%" ALIGN="CENTER">
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>14,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN="BOTTOM" BGCOLOR="#E6E6E6" WIDTH="9%" ALIGN="CENTER">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>18</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,600</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>12,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>13,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>8,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>12,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,300</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,700</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>11,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>12,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>8,100</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>13,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>9,500</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>11,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ><FONT SIZE=2>BZM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>9,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>10,800</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=RIGHT><FONT SIZE=2>4,200</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,400</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ><FONT SIZE=2>BTA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>$</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The aggregate
non-audit fees billed in the fiscal year preceding the most recent one by
D&amp;T for services rendered to the Trusts<SUP>(1)</SUP>were in
the following amounts:</FONT></P>

<TABLE BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="80%">
<TR style="font-size:1px" >
<TD WIDTH="10%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="1%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
 <TR>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BKN</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>17,200</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BLJ</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>10,000</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BFC</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>11,100</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BHY</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>15,400</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BCT</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>21,000</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BKT</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BLE</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>15,300</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BHV</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>9,900</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BQH</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>10,100</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>RAA</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>12,800</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>RFA</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>11,000</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BMN</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>12,900</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>RNJ</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>12,800</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BCL</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>13,600</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BSD</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>5,900</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BMT</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>11,700</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BFY</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>13,300</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>RNY</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>12,800</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BCK</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>10,400</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BYM</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>12,700</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BPS</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>5,400</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BBF</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>13,500</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BFK</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>17,000</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BNA</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BFZ</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>14,300</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BAF</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>10,700</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BPK</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>9,700</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BNY</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>11,100</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BSE</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>10,400</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BNJ</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>13,500</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BLW</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BPP</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>11,500</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BJZ</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>8,800</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BHK</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>7,500</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BHD</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>10,500</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BLH</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>8,600</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BBK</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>10,900</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BKK</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>7,000</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BIE</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>10,200</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BZA</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>10,100</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BFO</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>5,700</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BRF</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>9,000</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BGT<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BDV<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>6,000</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BDT<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>6,000</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BQY<SUP>(1)</SUP></FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>0</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>BRM</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=2>12,800</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM>
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
 <TR>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BLN</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>11,200</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>BZM</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>10,000</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE="2">HIS<SUP>(2)</SUP> </FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=2>$</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=2>18,500</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
  <TD  VALIGN=BOTTOM BGCOLOR="#E6E6E6">
  <P><FONT SIZE=1>&nbsp;</FONT></P>
  </TD>
 </TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<P><HR  size=1 NOSHADE WIDTH=120 COLOR=GRAY ALIGN=LEFT>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(1)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>BDV, BDT,
  BQY and BGT had not completed a full fiscal year.  BGR, BME, BOE, BDJ, BWC and BTA are not included in the above
  chart because such Trusts had either not completed their initial fiscal year
  (or period) or had not yet been formed in the fiscal year preceding the most
  recent one.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P style="margin-top:-3px"><SUP><FONT SIZE=2>(2)</FONT></SUP></P>
</TD>
<TD VALIGN=TOP>
<P style="margin-top:3px"><FONT SIZE=2>HIS joined the BlackRock
  Closed-End Fund complex on March 1, 2005.
  Prior to this date the aggregate non-audit fees billed in the fiscal
  year preceding the most recent one for services rendered were paid by the
  Trust to PricewaterhouseCoopers, LLP.</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, the aggregate non-audit fees billed by D&amp;T for services rendered
to the Advisor, or any entity controlling, controlled by, or under common
control with the Advisor that provides ongoing services to the Trusts were
$286,150 for the most recent fiscal year of the Trusts and $0 for the fiscal year
preceding the most recent one of the Trusts.</FONT></P>

<P><FONT SIZE=2><b>AUDIT
COMMITTEE&#146;S PRE-APPROVAL POLICIES AND PROCEDURES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
May 22, 2003, the Audit Committee of each Trust adopted Pre-Approval Policies
and Procedures.  Since the adoption of
such policies and procedures, the Audit Committee of each Trust has
pre-approved all audit and non-audit services provided by D&amp;T for the
Trusts, and all non-audit services provided by D&amp;T for the Advisor, or any
entity controlling, controlled by, or under common control with the Advisor,
that provides ongoing services to the Trusts, which are related to the
operations of the Trusts.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Advisor and affiliates of the Advisor performing services for one or more
Trusts paid no fees to D&amp;T in any Trust&#146;s most recent fiscal year for
services other than those described above or for any other services, including
for information systems design and implementation.</FONT></P>

<P><FONT SIZE=2><b>PRINCIPAL
EXECUTIVE OFFICES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
principal executive office of each Trust is located at 100 Bellevue Parkway,
Wilmington, Delaware 19809.</FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>19</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P><FONT SIZE=2><b>PRINCIPAL
SHAREHOLDERS</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
of February 28, 2006, to the knowledge of each Trust, no person beneficially
owned more than 5% of any Trust, except as set forth in the following table:</FONT></P>

<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="20%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="23%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="20%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="20%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM nowrap>
<P ALIGN=CENTER><FONT SIZE=1><B>NAME &amp; ADDRESS OF BENEFICIAL <BR>OWNER</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AMOUNT OF<BR> BENEFICIAL<BR> OWNERSHIP</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>PERCENT OF CLASS</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</tr>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>

<TR BGCOLOR="#E6E6E6">
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Karpus
  Management, Inc.<BR>
  14 Tobey Village Office Park<BR>
  Pittsford, New York 14534</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>149,225</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>5.1</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Karpus
  Management, Inc.<BR>
  14 Tobey Village Office Park<BR>
  Pittsford, New York 14534</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>1,183,232</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>10.5</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR BGCOLOR="#E6E6E6">
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Karpus
  Management, Inc.<BR>
  14 Tobey Village Office Park<BR>
  Pittsford, New York 14534</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>3,850,875</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>8.5</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Karpus
  Management, Inc.<BR>
  14 Tobey Village Office Park<BR>
  Pittsford, New York 14534</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>1,541,728</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>5.7</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR BGCOLOR="#E6E6E6">
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>First Trust
  Portfolios L.P.<BR>
  1001 Warrenville Road<BR>
  Lisle, Illinois 505321</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>344,973</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>6.5</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>First Trust
  Portfolios L.P.<BR>
  1001 Warrenville Road<BR>
  Lisle, Illinois 50532</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>959,752</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>6.4</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR BGCOLOR="#E6E6E6">
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>First Trust
  Portfolios L.P.<BR>
  1001 Warrenville Road<BR>
  Lisle, Illinois 50532</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>627,245</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>7.9</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>First Trust
  Portfolios L.P.<BR>
  1001 Warrenville Road<BR>
  Lisle, Illinois 50532</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>147,145</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>5.4</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR BGCOLOR="#E6E6E6">
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>First Trust
  Portfolios L.P.<BR>
  1001 Warrenville Road<BR>
  Lisle, Illinois 50532</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>1,266,792</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>5.6</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>First Trust
  Portfolios L.P.<BR>
  1001 Warrenville Road<BR>
  Lisle, Illinois 50532</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>1,598,569</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>5.9</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR BGCOLOR="#E6E6E6">
<TD VALIGN=TOP>
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>First Trust
  Portfolios L.P.<BR>
  1001 Warrenville Road<BR>
  Lisle, Illinois 60532</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>188,601</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>5.6</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>First Trust
  Portfolios L.P.<BR>
  1001 Warrenville Road<BR>
  Lisle, Illinois 60532</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>576,694</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>8.2</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>20</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="20%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="23%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="20%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="20%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM nowrap>
<P ALIGN=CENTER><FONT SIZE=1><B>NAME &amp; ADDRESS OF BENEFICIAL <BR>OWNER</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AMOUNT OF <BR>BENEFICIAL <BR>OWNERSHIP</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>PERCENT OF CLASS</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</tr>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR BGCOLOR="#E6E6E6">
<TD VALIGN=TOP>
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>First Trust
  Portfolios L.P.<BR>
  1001 Warrenville Road<BR>
  Lisle, Illinois 60532</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>4,465,848</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>8.3</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP nowrap>
<P><FONT SIZE=2>M.H.
  Whittier Corp. James E. Greene,<BR> Arlo G. Sorensen,<BR> Michael J. Casey and
  Whittier<BR> Trust Co. (Jointly Held)<BR><BR></FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>242,400</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>24.1</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to the above chart, all shares are common shares. </FONT></P>

<P><FONT SIZE=2><b>FINANCIAL
STATEMENTS AND OTHER INFORMATION</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EACH
TRUST WILL FURNISH, WITHOUT CHARGE, A COPY OF SUCH TRUST&#146;S MOST RECENT ANNUAL
REPORT AND THE MOST RECENT SEMI-ANNUAL REPORT SUCCEEDING THE ANNUAL REPORT, IF
ANY, TO ANY SHAREHOLDER UPON REQUEST.
REQUESTS SHOULD BE DIRECTED TO BLACKROCK ADVISORS, INC., 100 BELLEVUE
PARKWAY, WILMINGTON, DELAWARE 19809 (TELEPHONE NUMBER (800) 882-0052).</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Monthly
performance and other information regarding the Trusts may be found on
BlackRock&#146;s website, which can be accessed at http://www.blackrock.com/indiv/products/closedendfunds/funds.html.  This reference
to BlackRock&#146;s website is
intended to allow investors to access information regarding the Trusts and does
not, and is not intended to, incorporate BlackRock&#146;s website into this Proxy
Statement.</FONT></P>

<P><FONT SIZE=2><b>SECTION 16(A)
BENEFICIAL OWNERSHIP REPORTING COMPLIANCE</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
16(a) of the Securities Exchange Act of 1934 and Section 30(h) of the 1940 Act
require each Trust&#146;s officers and Directors, officers and directors of the
Trusts&#146; investment advisor, affiliated persons of the investment advisor, and
persons who beneficially own more than 10% of the Trusts&#146; shares to file
certain reports of ownership (&#147;Section 16 filings&#148;) with the SEC and the New
York Stock Exchange or the American Stock Exchange (as applicable) and each of
the Trusts.  Due to administrative
oversight Form 4 reports were filed late on behalf of Messrs. Hubbard (BWC) and
Dixon (BWC, BDJ).</FONT></P>

<P><FONT SIZE=2><b>PRIVACY
PRINCIPLES OF THE TRUSTS</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Trusts are committed to maintaining the privacy of shareholders and to
safeguarding their non-public personal information.  The following information is provided to help you understand what
personal information the Trusts collect, how the Trusts protect that information
and why, in certain cases, the Trusts may share information with select other
parties.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Generally,
the Trusts do not receive any non-public personal information relating to their
shareholders, although certain non-public personal information of their
shareholders may become available to the Trusts.  The Trusts do not disclose any non-public personal information
about their shareholders or former shareholders to anyone, except as permitted
by law or as is necessary in order to service shareholder accounts (for
example, to a transfer agent or third party administrator).</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Trusts restrict access to non-public personal information about the
shareholders to employees of the Advisor with a legitimate business need for
the information.  The Trusts maintain
physical, electronic and procedural safeguards designed to protect the
non-public personal information of their shareholders. </FONT></P>

<P><FONT SIZE=2><b>DEADLINE FOR
SHAREHOLDER PROPOSALS</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shareholder
proposals intended for inclusion in the Trusts&#146; proxy statement in connection
with the Trusts&#146; 2007 annual meeting of shareholders pursuant to Rule 14a-8
under the Securities Exchange Act of 1934 must be received by a Trust at such
Trust&#146;s principal executive offices by December 20, 2006.  In order for proposals made outside of Rule
14a-8 under the </FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>21</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P><FONT SIZE=2>Exchange Act
to be considered &#147;timely&#148; within the meaning of Rule 14a-4(c) under the
Exchange Act, such proposals must be received by a Trust at the Trust&#146;s
principal executive offices not later than March 5, 2007.</FONT></P>

<P><FONT SIZE=2><b>OTHER MATTERS</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
management of the Trusts knows of no other matters which are to be brought
before the Annual Meeting.  However, if
any other matters not now known properly come before the Annual Meeting, it is
the intention of the persons named in the enclosed form of proxy to vote such
proxy in accordance with their judgment on such matters.</FONT></P>

<TABLE ALIGN=CENTER  BORder=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px" >
<TD WIDTH="50%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="50%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Very truly
  yours, </FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2><b>RALPH L.
  SCHLOSSTEIN</b></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Chairman</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2><b>ROBERT S.
  KAPITO</b></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>President</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>April 19,
  2006</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>22</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>


<P ALIGN=CENTER><FONT SIZE=2><b>APPENDIX A</b></FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>A list of the Trusts setting forth each
Trust&#146;s full name and trading symbol is set forth below:</FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="72%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="12%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="14%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE="1"><B>NAME</B> </FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE="1"><B>TRADING<BR>
SYMBOL</B> </FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<HR SIZE=1 WIDTH="65%" NOSHADE COLOR=BLACK ALIGN=left>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK INSURED MUNICIPAL 2008 TERM TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK FLORIDA INSURED MUNICIPAL 2008 TERM TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK BROAD INVESTMENT GRADE 2009 TERM TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK INCOME TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK HIGH YIELD TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK MUNICIPAL TARGET TERM TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP nowrap>
<P><FONT SIZE=2>THE
  BLACKROCK CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP nowrap>
<P><FONT SIZE=2>THE
  BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK INCOME OPPORTUNITY TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK INSURED MUNICIPAL TERM TRUST INC.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK PENNSYLVANIA STRATEGIC MUNICIPAL TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>THE
  BLACKROCK STRATEGIC MUNICIPAL TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  FLORIDA MUNICIPAL INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  MUNICIPAL INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  CALIFORNIA MUNICIPAL INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK NEW
  JERSEY MUNICIPAL INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  NEW YORK MUNICIPAL INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  CALIFORNIA MUNICIPAL 2018 TERM TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  MUNICIPAL 2018 TERM TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPK </FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  NEW YORK MUNICIPAL 2018 TERM TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  CORE BOND TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  STRATEGIC BOND TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  MUNICIPAL BOND TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  CALIFORNIA MUNICIPAL BOND TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  FLORIDA MUNICIPAL BOND TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  MARYLAND MUNICIPAL BOND TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BZM</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  NEW JERSEY MUNICIPAL BOND TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  NEW YORK MUNICIPAL BOND TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  VIRGINIA MUNICIPAL BOND TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  MUNICIPAL INCOME TRUST II</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  CALIFORNIA MUNICIPAL INCOME TRUST II</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  NEW YORK MUNICIPAL INCOME TRUST II</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  INSURED MUNICIPAL INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  CALIFORNIA INSURED MUNICIPAL INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  FLORIDA INSURED MUNICIPAL INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  NEW YORK INSURED MUNICIPAL INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  PREFERRED OPPORTUNITY TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  LIMITED DURATION INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  MUNICIPAL 2020 TERM TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  FLORIDA MUNICIPAL 2020 TERM TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  DIVIDEND ACHIEVERS(TM) TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  STRATEGIC DIVIDEND ACHIEVERS(TM) TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  S&amp;P QUALITY RANKINGS GLOBAL EQUITY MANAGED TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  GLOBAL FLOATING RATE INCOME TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  GLOBAL ENERGY AND RESOURCES TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  HEALTH SCIENCES TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BME</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  HIGH INCOME SHARES</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  GLOBAL OPPORTUNITIES EQUITY TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  ENHANCED DIVIDEND ACHIEVERS (TM) TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  WORLD INVESTMENT TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLACKROCK
  LONG-TERM MUNICIPAL ADVANTAGE TRUST</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BTA</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>A-1</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P ALIGN=CENTER><FONT SIZE=2><b>APPENDIX B<BR>
OUTSTANDING SHARES</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth the number of outstanding shares for each Trust at
the close of business on February 28, 2006:</FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="29%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="4%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="16%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="11%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE="1"><B>TRUST</B> </FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE="1"><B>OUTSTANDING SHARES OF COMMON STOCK</B> </FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE="1"><B>OUTSTANDING SHARES OF PREFERRED STOCK</B> </FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>16,707,093</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>5,862</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>27,207,093</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10,840</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFC</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,407,093</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,182</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>8,707,093</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>3,366</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>11,257,093</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,382</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,957,093</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>63,942,536</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>6,411,693</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>45,410,639</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RAA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,007,093</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,127,093</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>340</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,007,093</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,307,093</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>392</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>34,449,693</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,885,639</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>6,816</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,017,100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>700</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,253,492</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,480</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>6,651,878</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,302</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>43,720,672</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>15,005</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFZ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>14,993,678</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>5,278</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,432,894</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,552</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>12,540,168</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>4,390</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BJZ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>6,433,028</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,221</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>15,908,028</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>5,504</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,633,028</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,256</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>27,018,774</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,058,402</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10,167,170</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>3,620</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BZA</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,356,422</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,199</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>3,312,785</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,191</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BZM</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,019,870</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>720</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,274,620</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>809</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,706,216</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>968</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHV</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,531,266</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>541</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>22,856,544</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>8,222</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCL</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>7,984,696</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,878</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,937,652</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,786</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>26,203,900</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>9,159</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>5,276,156</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,860</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>8,734,048</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>3,040</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>6,469,766</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,240</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>18,309,937</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>8,832</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>36,768,498</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>20,236,628</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>7,104</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>5,562,128</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,956</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>54,518,315</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>26,908,028</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>6,033,028</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>23,481,021</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>9,738</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>29,766,217</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>7,504,817</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>54,493,341</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>12,376,932</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>69,088,582</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>51,919,893</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BTA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>13,049,704</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
each Trust in the above table, the class or classes of shares listed above are
the only authorized class or classes of shares.</FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>B-1</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P ALIGN=CENTER><FONT SIZE=2><b>APPENDIX C</b></FONT></P>

<P ALIGN=CENTER><FONT SIZE=2><b>JOINT AUDIT COMMITTEE CHARTER<BR>
OF<BR>
THE BLACKROCK CLOSED-END FUNDS<BR>
(the &#147;Fund&#148; or &#147;Funds&#148;)</b></FONT></P>

<P ALIGN=CENTER><FONT SIZE=2><b>AS APPROVED BY THE BOARDS OF
TRUSTEES/DIRECTORS<BR>
FEBRUARY, 2006<SUP>1</SUP></b></FONT></P>

<P ALIGN=CENTER><FONT SIZE=2><B>I.
THE MEMBERS OF THE COMMITTEE</B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Trust shall have an audit committee (the &#147;<U>Committee</U>&#148;) of its Board of
Directors/Trustees (the &#147;<U>Board</U>&#148;). The Committee will be composed of at
least three members of the Board, each of whom is independent (<I>i.e.</I> not an &#147;interested person&#148; of the
Fund, as that term is defined in Section 2(a)(19) of the Investment Company Act
of 1940). No member of the Committee shall directly or indirectly receive any
compensation from the Fund, or any subsidiary thereof, if applicable, except
compensation for services as a member of the Fund&#146;s Board or a committee of the
Board.<SUP>2</SUP> Members shall have no relationships with the Fund or its investment adviser,
administrator or custodian that may interfere with the exercise of their
independence from management of the Fund. The members and the Committee chair
shall be elected by the full Board.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
member shall be &#147;financially literate&#148; as the Board interprets such
qualification in its business judgment. At least one member shall have
accounting or related financial management expertise, as the Board interprets
such qualification in its business judgment. The Board shall determine annually
whether any member of the Committee is an &#147;audit committee financial expert&#148;
(&#147;ACFE&#148;) as defined in Item 3 of Form N-CSR. The Board may presume that an ACFE
has the requisite accounting or related financial management expertise. The designation
of a person as an ACFE shall not impose any greater responsibility or liability
on that person than the responsibility or liability imposed on such person as a
member of the Committee.</FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event a member simultaneously serves on the audit committees of more than
three public companies, the Board shall determine whether such simultaneous
service would impair the ability of such member to effectively serve on the
Fund&#146;s audit committee. The Board has determined that simultaneous service on
the Committee of each Fund shall be deemed to be equivalent to service on the
audit committee of a single public company for purposes of this requirement and
that such service does not impair the ability of a member to effectively serve
on the Committee of any single Fund.</FONT></P>

<P ALIGN=CENTER><FONT SIZE=2><B>II.
PURPOSE OF THE COMMITTEE</B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
purpose of the Committee is to assist the Board in fulfilling its oversight
responsibilities relating to the accounting and financial reporting policies
and practices of the Fund, including:</FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>the integrity of the
  Fund&#146;s financial statements;</FONT><BR><BR></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>the Fund&#146;s compliance with
  legal and regulatory requirements; </FONT><BR><BR></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>the qualifications and
  independence of the Fund&#146;s independent auditors;</FONT><BR><BR></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>the performance of the
  Fund&#146;s internal audit function provided by its investment advisor,
  administrator, pricing agent and other service providers; and</FONT><BR><BR></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>preparing for each Fund
  the report required to be included in its annual proxy statement, if any, by
  the rules of the Securities and Exchange Commission. </FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="21%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="73%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<HR SIZE=1 WIDTH=120 NOSHADE COLOR=GRAY ALIGN=LEFT>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P STYLE="MARGIN-TOP:-3PX"><FONT SIZE=2><SUP>1</SUP></FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>This Joint
  Audit Committee Charter, if adopted, supercedes and replaces all prior
  versions that may have been adopted from time to time.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P STYLE="MARGIN-TOP:-3PX"><FONT SIZE=2><SUP>2</SUP></FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>For this
  purpose, compensation includes any compensation paid by a Fund or a subsidiary
  for services to a law firm, accounting firm, consulting firm, investment bank
  or financial advisory firm in which the Committee member is a partner,
  member, executive officer or holds a similar position.</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>C-1</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P ALIGN=CENTER><FONT SIZE=2><B>III.
DUTIES AND RESPONSIBILITIES</B></FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="90%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>The
  Committee shall have the following duties and responsibilities:</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2><B>A.
Approval of Auditors and Services</B></FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="90%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>1.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>approve the
  selection, retention, termination and compensation of the independent
  registered public accounting firm (the &#147;independent accountants&#148;) and in
  connection therewith;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>2.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>pre-approve
  all audit and permissible non-audit services to be provided by the
  independent accountants to the Fund, to its investment adviser and to any
  entity controlling, controlled by or under common control with the investment
  adviser that provides ongoing services to the Fund (&#147;Covered Services
  Provider&#148;), if the engagement relates directly to the operations and
  financial reporting of the Fund; the Committee may delegate its
  responsibility to pre-approve any such audit and permissible non-audit
  services to the chair of the Committee, pursuant to the pre-approval policies
  and procedures adopted by the Committee;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2><B>B.
Independence of Accountants</B></FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="90%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>1.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>evaluate the
  independence of the accountants and actively engage in a dialogue with them
  regarding matters that might reasonably be expected to affect their
  independence; in this connection, the Committee shall ensure receipt from the
  independent accountants at least annually of a formal written statement delineating
  all the relationships between them and the Fund, consistent with Independence
  Standards Board Standard No. 1;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>2.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>set clear
  hiring policies for employees or former employees of the independent
  accountants.</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2><B>C.
Oversight</B></FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="90%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>1.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>meet with
  the Fund&#146;s independent accountants, at least twice a year and more often if
  required, to review the conduct and results of each audit and discuss the
  Fund&#146;s audited and unaudited financial statements; and in this connection
  discuss the matters stated in SAS 61 &#147;Communications with Audit Committees,&#148;
  as amended, and any other communications required to be discussed with the
  Committee pursuant to applicable laws and regulations;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>2.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>discuss
  policies with respect to risk assessment and risk management;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>3.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>meet
  periodically with the Fund&#146;s independent accountants, the Fund&#146;s principal
  executive officer and the Fund&#146; principal financial officer (the person
  responsible for the internal audit function) in separate executive sessions
  as the Committee deems necessary or advisable;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>4.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>review and
  evaluate any issues raised by the independent accountants or management
  regarding the accounting or financial reporting policies and practices of the
  Fund, its internal controls, and, as appropriate, the internal controls of
  certain service providers and management&#146;s response; evaluate the independent
  auditor&#146;s qualifications and performance (including the performance of the
  lead partner); resolve disagreements between management and the independent
  accountants regarding financial reporting;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>5.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>establish
  procedures for the receipt, retention and treatment of complaints received by
  the Fund relating to accounting, internal accounting controls, or auditing
  matters, and the confidential, anonymous submission by employees of the Fund
  and its affiliates and service providers of concerns about accounting or
  auditing matters pertaining to the Fund, and to address reports from
  attorneys or auditors of possible violations of federal or state law or
  fiduciary duty;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>6.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>authorize
  and oversee investigations into any matters within the Committee&#146;s scope of
  responsibilities or as specifically delegated to the Committee by the Board;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>7.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>generally
  discuss the Fund&#146;s earnings press releases, as applicable, and financial information
  and earnings guidance provided to analysts and ratings agencies;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>C-2</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P ALIGN=CENTER><FONT SIZE=2><B>D.
Reports</B></FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="85%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>1.</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>at least
  annually, obtain and review a report by the independent accountant
  describing: </FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>all critical
  accounting policies and practices used;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>all
  alternative treatments of financial information discussed with management,
  the ramifications of the alternatives and the independent accountant&#146;s
  preferred treatment;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>material
  written communications between the independent accountants and management;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>all fees for
  audited and non-audit services provided to the Fund&#146;s investment adviser and
  any entity controlling, controlled by or under common control with the Fund&#146;s
  investment advisor;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>the firm&#146;s
  internal quality-control procedures; </FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>any material
  issues raised by the most recent internal quality-control review, or peer
  review, of the firm, or by any inquiry or investigation by governmental or
  professional authorities, within the preceding five years, respecting one or
  more independent audits carried out by the firm, and any steps taken to deal
  with any such issues; and </FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>2.</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>As noted
  above, the Committee shall ensure receipt from the independent accountants at
  least annually of a formal written statement delineating all the
  relationships between them and the Fund, consistent with Independence
  Standards Board Standard No. 1;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>3.</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>As noted
  above, the Committee shall ensure receipt of the communications required by
  SAS 61, as amended;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>4.</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>prepare and
  approve the audit committee report required by Item 306 of Regulation S-K for
  proxy statements relating to the election of directors/trustees; and</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>5.</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=2>report to
  the Board on a regular and timely basis; and</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2><B>E.
Other</B></FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="90%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>1.</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>take such
  actions as the Committee deems necessary or desirable to fulfill its purpose
  as described above.</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2><B>IV.
RESOURCES</B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Committee may retain independent legal counsel or other advisers as it
determines to be necessary or advisable to perform its duties. The Fund shall
provide appropriate funding (as determined by the Committee) for the Committee
to carry out its duties and its responsibilities, including:</FONT></P>

<TABLE   BORDER=0 CELLSPACING=0 CELLPADDING=0  WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="90%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>for payment
  of compensation to the Fund&#146;s independent accountants or any other public
  accounting firm providing audit, review or attest services for the Fund;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>for payment
  of compensation to any special counsel and other advisors employed by the
  Committee;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>for the
  ordinary administrative expenses of the Committee; and</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>&#149;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>for
  continuing education programs to enable Committee members to keep abreast of
  industry and regulatory development and to gain continuing insights to best
  practices of audit committees.</FONT></P>
</TD>
</TR>
</TABLE>

<P><FONT SIZE=2>In performing
its duties the Committee shall consult, as it deems appropriate, with the
members of the Board, officers and employees of the Fund, the investment
adviser, the Fund&#146;s counsel and the Fund&#146;s other service providers.</FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>C-3</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<P ALIGN=CENTER><FONT SIZE=2><B>V.
ANNUAL REVIEW</B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
an annual basis, the Committee shall review and reassess the adequacy of this
charter and recommend to the full Board any changes the Committee deems
appropriate. In addition, on an annual basis, the Committee shall evaluate its
performance as a whole and that of its individual members to assess whether it
is functioning effectively. The independence of Committee members and
satisfaction of the requirements to serve on the Committee shall be affirmed
annually.</FONT></P>

<P ALIGN=CENTER><FONT SIZE=2>C-4</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>



<P ALIGN=CENTER><FONT SIZE=2><b>APPENDIX D</b></FONT></P>

<P ALIGN=CENTER><FONT SIZE=2><b>DIRECTORS&#146; SHARE HOLDINGS</b></FONT></P>

<P><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following chart lists the number of shares beneficially owned and the number of
share equivalents owned by the Directors pursuant to the Directors&#146; deferred
compensation plan as of February 28, 2006.
If a Trust is not listed, the Director does not own any shares or share
equivalents of the Trust.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="27%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="11%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="16%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DIRECTOR</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST<BR>
  SHARES<BR>
  OWNED</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>SHARE<BR>
  EQUIVALENTS(1)</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>% OF SHARES<BR>
  OUTSTANDING</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>INTERESTED
  DIRECTORS:</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Ralph L.
  Schlosstein</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>(2)</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,500</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>121</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>119</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>114</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>113</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>110</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>109</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>D-1</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="27%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="11%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="16%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DIRECTOR</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST<BR>
  SHARES<BR>
  OWNED</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>SHARE<BR>
  EQUIVALENTS(1)</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>% OF SHARES<BR>
  OUTSTANDING</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>108</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>105</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>105</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>Robert S.
  Kapito</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,880</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=2>(2)</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>20,610</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,010</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10,010</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25,010</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>RNJ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>45,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>6,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>36,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLJ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>D-2</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="27%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="11%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="16%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DIRECTOR</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST<BR>
  SHARES<BR>
  OWNED</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>SHARE<BR>
  EQUIVALENTS(1)</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>% OF SHARES<BR>
  OUTSTANDING</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>INDEPENDENT
  DIRECTORS:</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Andrew F.
  Brimmer</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>150</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>6,379</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>(2)</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>20</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,923</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>200</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>4,504</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>4,203</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,204</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,104</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>50</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>50</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>30</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>25</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>Richard E.
  Cavanagh</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10,094</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=2>(2)</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>D-3</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="27%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="11%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="16%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DIRECTOR</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST<BR>
  SHARES<BR>
  OWNED</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>SHARE<BR>
  EQUIVALENTS(1)</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>% OF SHARES<BR>
  OUTSTANDING</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,635</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>200</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>7,211</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,550</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,914</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,820</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>200</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>200</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>200</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>Kent Dixon</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,810</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=2>(2)</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>D-4</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="27%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="11%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="16%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DIRECTOR</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST<BR>
  SHARES<BR>
  OWNED</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>SHARE<BR>
  EQUIVALENTS(1)</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>% OF SHARES<BR>
  OUTSTANDING</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,653</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>5,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,900</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,422</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>5,100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,919</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRF</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RFA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BBF</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,808</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>5,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>5,100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BIE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BAF</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFO</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>500</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,000</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Frank J.
  Fabozzi</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,010</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>3,132</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>(2)</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>D-5</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="27%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="11%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="16%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DIRECTOR</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST<BR>
  SHARES<BR>
  OWNED</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>SHARE<BR>
  EQUIVALENTS(1)</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>% OF SHARES<BR>
  OUTSTANDING</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,345</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,326</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,009</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>20</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>20</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>20</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,563</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPS</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>1,475</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>20</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>10</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>300</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Kathleen F.
  Feldstein</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>54</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>768</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=2>(2)</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>52</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>53</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>53</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>53</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>54</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>323</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>54</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>55</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>574</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>55</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>454</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>54</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>53</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>D-6</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="27%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="11%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="16%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DIRECTOR</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST<BR>
  SHARES<BR>
  OWNED</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>SHARE<BR>
  EQUIVALENTS(1)</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>% OF SHARES<BR>
  OUTSTANDING</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>56</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>358</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>55</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>369</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>54</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>54</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>53</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>55</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>55</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>53</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>53</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>53</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>53</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>54</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>50</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>105</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>106</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>100</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>101</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>101</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>R. Glenn
  Hubbard</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>108</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>5,227</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=2>(2)</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BMN</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>105</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BMT</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>106</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BRM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>106</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BKN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BCT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>109</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,203</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BSD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>110</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>3,782</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNA</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>110</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>3,153</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BPK</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>106</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BHK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>112</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>2,525</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLN</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>105</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>RNY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BNY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BLH</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>105</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BHD</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>110</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>2,372</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BBK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>D-7</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="27%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="10%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="11%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="9%" VALIGN=TOP>
<P ALIGN=RIGHT>&nbsp;</P>
</TD>
<TD WIDTH="6%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="3%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="16%" VALIGN=TOP>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DIRECTOR</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST<BR>
  SHARES<BR>
  OWNED</B></FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>SHARE<BR>
  EQUIVALENTS(1)</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>% OF SHARES<BR>
  OUTSTANDING</B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BYM</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>106</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQH</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BFY</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>106</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BSE</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>106</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BPP</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>111</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BLW</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>109</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BKK</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>106</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDV</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BDT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>106</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BQY</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BGT</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>108</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BGR</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>108</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BME</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>105</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>HIS</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>107</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BOE</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>104</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=2>BDJ</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>101</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>BWC</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>101</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=RIGHT><FONT SIZE=2>&#151;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>
<BR>
<HR SIZE=1 WIDTH="20%" NOSHADE COLOR=GRAY ALIGN=LEFT>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>(1)</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Represents,
  as of February 28, 2006, the approximate number of share equivalents owned
  under the deferred compensation plan in each Trust by the Independent
  Directors of the Trusts who have participated in the deferred compensation
  plan.  Share equivalents are held in
  cash accounts by each Trust on behalf of the Independent Directors in
  connection with the deferred compensation plan.  Under the deferred compensation plan, BCT, BHY, BKT, BNA, BHD
  and BHK are eligible investments.  Messrs.
  Schlosstein and Kapito are not eligible to participate in the deferred compensation
  plan.</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>(2)</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Less than 1%
  of each Trust listed.</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>D-8</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>



<P ALIGN=CENTER><FONT SIZE=2><b>APPENDIX E</b></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth the dollar range of equity securities beneficially
owned and share equivalents held by each Director as of February 28, 2006.  If a Trust is not listed, the Director does
not own any shares of the Trust.</FONT></P>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="14%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="18%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF EQUITY <BR>
  SECURITIES IN EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE <BR>
  DOLLAR RANGE OF <BR>
  EQUITY SECURITIES <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF <BR>
  SHARE EQUIVALENTS IN <BR>
  EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE DOLLAR <BR>
  RANGE OF EQUITY <BR>
  SECURITIES AND <BR>
  SHARE EQUIVALENTS <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1><B>NAME</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1><b>INTERESTED DIRECTORS:</b></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>Ralph L. Schlosstein</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000<SUP>
  (1)</SUP></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>E-1</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="14%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="18%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF EQUITY <BR>
  SECURITIES IN EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE <BR>
  DOLLAR RANGE OF <BR>
  EQUITY SECURITIES <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF <BR>
  SHARE EQUIVALENTS IN <BR>
  EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE DOLLAR <BR>
  RANGE OF EQUITY <BR>
  SECURITIES AND <BR>
  SHARE EQUIVALENTS <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1><B>NAME</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>Robert S. Kapito</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000<SUP>(1)</SUP></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>RNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD COLSPAN="3" VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1><b>INDEPENDENT DIRECTORS:</b></FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>Andrew F. Brimmer</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>E-2</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="14%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="18%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF EQUITY <BR>
  SECURITIES IN EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE <BR>
  DOLLAR RANGE OF <BR>
  EQUITY SECURITIES <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF <BR>
  SHARE EQUIVALENTS IN <BR>
  EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE DOLLAR <BR>
  RANGE OF EQUITY <BR>
  SECURITIES AND <BR>
  SHARE EQUIVALENTS <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1><B>NAME</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>Richard E. Cavanagh</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHY </FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>E-3</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="14%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="18%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF EQUITY <BR>
  SECURITIES IN EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE <BR>
  DOLLAR RANGE OF <BR>
  EQUITY SECURITIES <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF <BR>
  SHARE EQUIVALENTS IN <BR>
  EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE DOLLAR <BR>
  RANGE OF EQUITY <BR>
  SECURITIES AND <BR>
  SHARE EQUIVALENTS <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1><B>NAME</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>Kent Dixon</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-
  $10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001
  - $50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001
  - $50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001
  - $50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001
  - $50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001
  - $50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>RFA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001
  - $50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM </FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BIE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>E-4</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="14%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="18%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF EQUITY <BR>
  SECURITIES IN EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE <BR>
  DOLLAR RANGE OF <BR>
  EQUITY SECURITIES <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF <BR>
  SHARE EQUIVALENTS IN <BR>
  EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE DOLLAR <BR>
  RANGE OF EQUITY <BR>
  SECURITIES AND <BR>
  SHARE EQUIVALENTS <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1><B>NAME</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BAF</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFO</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>Frank J. Fabozzi</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>E-5</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="14%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="18%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF EQUITY <BR>
  SECURITIES IN EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE <BR>
  DOLLAR RANGE OF <BR>
  EQUITY SECURITIES <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF <BR>
  SHARE EQUIVALENTS IN <BR>
  EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE DOLLAR <BR>
  RANGE OF EQUITY <BR>
  SECURITIES AND <BR>
  SHARE EQUIVALENTS <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1><B>NAME</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>Kathleen F. Feldstein</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>R. Glenn Hubbard</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$50,001-$100,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>Over
  $100,000</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BMN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BMT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BRM</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKN</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>E-6</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<BR>
<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="17%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="7%" VALIGN=BOTTOM>
<P>&nbsp;</P>
</TD>
<TD WIDTH="14%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
<TD WIDTH="18%" VALIGN=BOTTOM>
<P ALIGN=CENTER>&nbsp;</P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF EQUITY <BR>
  SECURITIES IN EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE <BR>
  DOLLAR RANGE OF <BR>
  EQUITY SECURITIES <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE OF <BR>
  SHARE EQUIVALENTS IN <BR>
  EACH TRUST<SUP>(1)</SUP></B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>AGGREGATE DOLLAR <BR>
  RANGE OF EQUITY <BR>
  SECURITIES AND <BR>
  SHARE EQUIVALENTS <BR>
  OF ALL TRUSTS<SUP>(1)</SUP></B></FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD COLSPAN="2" VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1><B>NAME</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>TRUST</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1><B>DOLLAR RANGE</B></FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BCT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNA</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BPK</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BHK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLN</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>RNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BNY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BLH</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BHD</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$10,001-$50,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BBK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BYM</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQH</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BFY</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BSE</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BPP</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BLW</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BKK</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDV</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BDT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BQY</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BGT</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BGR</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BME</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>HIS</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BOE</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P><FONT SIZE=1>BDJ</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM>
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
<TR>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>$1-$10,000</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P><FONT SIZE=1>BWC</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&#151;</FONT></P>
</TD>
<TD VALIGN=BOTTOM BGCOLOR="#E6E6E6">
<P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
</TD>
</TR>
</TABLE>

<BR>

<TABLE ALIGN=CENTER  BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH="100%">
<TR style="font-size:1px">
<TD WIDTH="5%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
<TD WIDTH="95%" VALIGN=TOP>
<P>&nbsp;</P>
</TD>
</TR>
<TR>
<TD COLSPAN="2" VALIGN=TOP>
<HR SIZE=1 WIDTH=120 NOSHADE COLOR=GRAY ALIGN=LEFT>
</TD>
</TR>
<TR>
<TD VALIGN=TOP>
<P><FONT SIZE=2>(1)</FONT></P>
</TD>
<TD VALIGN=TOP>
<P><FONT SIZE=2>Messrs.
  Kapito and Schlosstein and are not eligible to participate in the deferred
  compensation plan.  Therefore, they
  own the same amount of equity securities without share equivalents as equity
  securities including share equivalents.</FONT></P>
</TD>
</TR>
</TABLE>

<P ALIGN=CENTER><FONT SIZE=2>E-7</FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock Investment<br>
Quality Municipal Trust Inc. </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Directors
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;
        </TD>
        <TD><center>
          <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
      </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left> <center>
    <b>[&nbsp;&nbsp;]</b>       </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate. </FONT>

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 7 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JORB</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Investment Quality Municipal Trust Inc.</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">The BlackRock Investment<br>
Quality Municipal Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Stock</FONT></B>
<hr noshade size=3>
<P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Directors</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width="8%" align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 1 7 2</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JOSB</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Investment Quality Municipal Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred stock of The BlackRock Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">The BlackRock Insured<br>
Municipal 2008 Term Trust Inc.</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Directors
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;
        </TD>
        <TD><center>
          <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
      </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left> <center>
    <b>[&nbsp;&nbsp;]</b>       </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate. </FONT>

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 6 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JOOB</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Insured Municipal 2008 Term Trust Inc.</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock Insured<br>
Municipal 2008 Term Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Stock</FONT></B>
<hr noshade size=3>
<P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Directors</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width="8%" align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 1 6 2</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JOPB</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Insured Municipal 2008 Term Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred stock of The BlackRock Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>



<P>
<B><FONT face="sans-serif">The BlackRock California Insured<br>
Municipal 2008 Term Trust Inc.</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Directors
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;
        </TD>
        <TD><center>
          <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
      </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left> <center>
    <b>[&nbsp;&nbsp;]</b>       </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate. </FONT>

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 5 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JNFB</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock California Insured Municipal 2008 Term Trust Inc.</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock California Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock California Insured<br>
Municipal 2008 Term Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Stock</FONT></B>
<hr noshade size=3>
<P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Directors</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width="8%" align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 1 5 2</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JNJB</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock California Insured Municipal 2008 Term Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred stock of The BlackRock California Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock Florida Insured<br>
Municipal 2008 Term Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Trustees
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;
        </TD>
        <TD><center>
          <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
      </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left> <center>
    <b>[&nbsp;&nbsp;]</b>       </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate. </FONT>

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 9 1 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JFVB</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Florida Insured Municipal 2008 Term Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of The BlackRock Florida Insured Municipal 2008 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">The BlackRock Florida Insured<br>
Municipal 2008 Term Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy
            Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
  <TD colspan=5>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F.
    Feldstein</FONT> </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp; </TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard </FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Trustees
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;
        </TD>
        <TD><center>
          <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
      </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left> <center>
    <b>[&nbsp;&nbsp;]</b>       </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate. </FONT>

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 9 1 2 </FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JFWC</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Florida Insured Municipal 2008 Term Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley,
Henry Gabbay and James Kong, and each of them, as proxies, each with the power
to appoint his or her substitute, and hereby authorizes them to represent and
to vote, as designated on the reverse side hereof, all of the preferred shares
of The BlackRock Florida Insured Municipal 2008 Term Trust (the "Trust") held
of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders
of the Trust to be held on May 23, 2006 or  at any adjournments or postponements
thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock New York Insured<br>
Municipal 2008 Term Trust Inc.</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Directors
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;
        </TD>
        <TD><center>
          <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
      </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left> <center>
    <b>[&nbsp;&nbsp;]</b>       </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate. </FONT>

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 8 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JOUB</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock New York Insured Municipal 2008 Term Trust Inc.</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock New York Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock New York Insured<br>
Municipal 2008 Term Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Stock</FONT></B>
<hr noshade size=3>
<P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Directors</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width="8%" align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 1 8 2</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JOVB</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock New York Insured Municipal 2008 Term Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred stock of The BlackRock New York Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>



<P>
<B><FONT face="sans-serif">The BlackRock Broad Investment<br>
Grade 2009 Term Trust Inc.
</FONT></B></P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kent Dixon</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp; </TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">03</FONT><FONT size=1 face="sans-serif"> - Robert S. Kapito</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>

<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 2 31 </FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JOUB</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - </FONT><FONT face="sans-serif">The BlackRock Broad Investment Grade 2009 Term Trust Inc.</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock Broad Investment Grade 2009 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock Income Trust Inc.
</FONT></B></P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Frank J. Fabozzi</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp; </TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">03</FONT><FONT size=1 face="sans-serif"> - Ralph L. Schlosstein</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>

<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 3 3 3 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JT2A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - </FONT><FONT face="sans-serif">The BlackRock Income Trust Inc.</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock Income Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock High Yield Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>
<B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp;
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Trustees
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;
        </TD>
        <TD><center>
          <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
      </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Declaration of Trust.</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left> <center>
    <b>[&nbsp;&nbsp;]</b>       </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 9 2 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JLNB</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock High Yield Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of The BlackRock High Yield Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
    U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
      <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
          in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
          touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
          CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
      <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
          by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
      <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
          <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
      <LI> <FONT size=1 face="sans-serif">Enter the information requested on
          your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
          instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>

<BR>
<P><BR>
  <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock Municipal<br>
Target Term Trust Inc.</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Frank J. Fabozzi</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 9 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSZA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Municipal Target Term Trust Inc.</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock Municipal Target Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE
PROXIES  ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>



<P><B><FONT face="sans-serif">The BlackRock California<br>
Investment Quality Municipal Trust Inc.</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp; </TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon </FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp; </TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Robert S. Kapito</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=left> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
  <TD>&nbsp; </TD>
  <TD align=left>&nbsp; </TD>
  <TD align=left>&nbsp; </TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="4" align=center>
    <div align="left"><FONT size=1 face="sans-serif">The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the following proposal.</FONT>&nbsp; </div></TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right>&nbsp; </TD>
  <TD><center>
      <B><FONT size=1 face="sans-serif">For</FONT></B>
  </center></TD>
  <TD align=right>
    <center>
      <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
  </center></TD>
  <TD align=right>
    <center>
      <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
  </center></TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>
    <center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
  <TD colspan=5>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate. </FONT> </TD>
</TR>
<TR>
  <TD colspan=5>&nbsp; </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 2 0 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JTCA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock California
Investment Quality Municipal Trust Inc.</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock California Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES  ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock California <br>
Investment Quality Municipal Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Stock</FONT></B>
<hr noshade size=3>
<P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Directors</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width="8%" align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Kathleen F. Feldstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; &nbsp;<FONT size=1 face="sans-serif">05 - Robert S. Kapito</FONT> </TD>
    <TD><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; &nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 2 0 2</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JTDA</FONT></div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Califonia Investment Quality Municipal Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred stock of The BlackRock California Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock Florida<br>
</FONT></B><B><FONT face="sans-serif">Investment Quality Municipal Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center><hr noshade size=3></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp; </div></TD>
  </TR>
  <TR>
    <TD>
      <hr noshade size=3>
    </TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="4" align=left><FONT face="sans-serif">A</FONT>&nbsp; <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp; </div></TD>
    <TD width=30% align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Robert S. Kapito</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the following proposal.</FONT>&nbsp; </div></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=right>&nbsp; </TD>
    <TD><center>
        <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<br>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 9 1</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><font size=1 face="sans-serif">00JQHA</font></div></TD>
  </TR>
</TABLE>
<BR>
<BR>
<BR>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Florida Investment Quality Municipal Trust</FONT></B>
<hr noshade>
<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of The BlackRock Florida Investment Quality Municipal Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be
held on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>



<P>
<B><FONT face="sans-serif">The BlackRock Florida<br>
</FONT></B><B><FONT face="sans-serif">Investment Quality Municipal Trust</FONT></B></P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD width="37%" align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>
<P> <FONT face="sans-serif">A&nbsp;&nbsp; </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="5" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp; </div>
      <B></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width=9% align=center>&nbsp;</TD>
    <TD width=13% align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width="29%" align=left> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT
size=1 face="sans-serif"> </FONT></B>&nbsp; </TD>
    <TD width="7%" align=left><center>
        <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD width="7%" align=left><center>
        <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD width="5%" align=left>&nbsp;</TD>
    <TD width="23%" align=left>&nbsp;</TD>
    <TD align=left><center>
        <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=left><center>
        <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer </FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">05 - Robert S. Kapito </FONT></TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon </FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD><center>
        </center></TD>
    <TD align=left><center>
        </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<p>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="33%" align=left> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD width="7%">&nbsp; </TD>
    <TD width="8%" align=left>&nbsp; </TD>
    <TD width="8%" align=left>&nbsp; </TD>
    <TD width="44%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the following proposal.</FONT>&nbsp; </div></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=right>&nbsp; </TD>
    <TD><center>
        <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate.</FONT></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=33% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </div></TD>
    <TD width=7% align=center> <b>[&nbsp;&nbsp;]</b> </TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=44% align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center><hr size="1" noshade>
    </TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center><hr size="1" noshade>
    </TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center><hr size="1" noshade>
    </TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P> <FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P> <FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee, or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 9 2 </FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JQIA</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Florida Investment Quality Municipal Trust</FONT></B>
<hr noshade>
<P><B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of The BlackRock Florida Investment Quality Municipal Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to
be held on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">The BlackRock New Jersey <br>
Investment Quality Municipal Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>
<B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp;
        </TD>
</TR>
</TABLE><p><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center><B></B></TD>
    <TD width="8%" align=center><B></B></TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp;</TD>
    <TD><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;  </TD>
    <TD><center>
        </center></TD>
    <TD align=left><center>
        </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Robert S. Kapito</FONT> </TD>
    <TD><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 2 1 1 </FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JTFA</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock New Jersey Investment Quality Municipal Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock New Jersey
Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</font></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock New Jersey <br>
Investment Quality Municipal Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Stock</FONT></B>
<hr noshade size=3>
<P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Directors</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width="8%" align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Kathleen F. Feldstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; &nbsp;<FONT size=1 face="sans-serif">05 - Robert S. Kapito</FONT> </TD>
    <TD><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT> </TD>
    <TD><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 2 1 2</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JTGA</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock New Jersey
Investment Quality Municipal Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred stock of The BlackRock New Jersey Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock New York<br>
Investment Quality Municipal Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center><B></B></TD>
    <TD width="8%" align=center><B></B></TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left> &nbsp;</TD>
    <TD><center>
    </center></TD>
    <TD align=left><center>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - </FONT><FONT size=1 face="sans-serif">Richard E. Cavanagh</FONT>&nbsp;</TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left> &nbsp; &nbsp;</TD>
    <TD><center>
        </center></TD>
    <TD align=left><center>
        </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon </FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD><center>
        </center></TD>
    <TD align=left><center>
        </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Robert S. Kapito </FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 2 2 1</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JTJA</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock New York
Investment Quality Municipal Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock New York Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">The BlackRock New York <br>
Investment Quality Municipal Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Stock</FONT></B>
<hr noshade size=3>
<P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Directors</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width="8%" align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Kathleen F. Feldstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; &nbsp;<FONT size=1 face="sans-serif">05 - Robert S. Kapito</FONT> </TD>
    <TD><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT> </TD>
    <TD><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left><center>
    <b>[&nbsp;&nbsp;]</b>    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 2 2 2</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JTKA</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock New York
Investment Quality Municipal Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred stock of The BlackRock New York Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock Income Opportunity Trust Inc. </FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<br>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Frank J. Fabozzi</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<br>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 3 7 3 1</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><font size=1 face="sans-serif">00JT7A</font></div></TD>
  </TR>
</TABLE>
<BR>
<BR>
<BR>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock </FONT></B><B><FONT face="sans-serif">Income Opportunity Trust Inc.</FONT></B>
<hr noshade>
<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock Income Opportunity Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be
held on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>

<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
    U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
      <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
          in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
          touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
          CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
      <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
          by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
      <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
          <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
      <LI> <FONT size=1 face="sans-serif">Enter the information requested on
          your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
          instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>

<BR>
<P><BR>
</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
<B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock Insured<br>
Municipal Term Trust Inc.</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Stock</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Directors</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Ralph L. Schlosstein</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Directors
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;
        </TD>
        <TD><center>
          <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
      </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Certificate of Designation or Statement</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left> <center>
    <b>[&nbsp;&nbsp;]</b>       </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate. </FONT>

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 2 2 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSWA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Insured Municipal Term Trust Inc.</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common stock of The BlackRock Insured Municipal Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">The BlackRock Insured<br>
Municipal Term Trust Inc.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Stock</FONT></B>
<hr noshade size=3>
<P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Directors</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">1. The Board of Directors recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=40% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=8% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=6% align=center>&nbsp;</TD>
    <TD width="22%" align=center>&nbsp;</TD>
    <TD width="7%" align=center>&nbsp;</TD>
    <TD width="8%" align=center>&nbsp;</TD>
    <TD width="2%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Frank J. Fabozzi</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen
        F. Feldstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8><FONT size=1 face="sans-serif">The Board of Directors recommends
        a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
    following proposal.</FONT>&nbsp;  </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Against</FONT></B></TD>
    <TD align=center valign="bottom"><B><FONT size=1 face="sans-serif">Abstain</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s
    Certificate of Designation or Statement</FONT>&nbsp; </TD>
    <TD valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left valign="bottom"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD> <center>
    <b>[&nbsp;&nbsp;]</b></center></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences,
    as appropriate. </FONT> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=8>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 2 2 2</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSXA</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Insured Municipal Term Trust Inc.</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED STOCK</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred stock of The BlackRock Insured Municipal Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Stockholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">The BlackRock Pennsylvania<br>
Strategic Municipal Trust </FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>
<B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp;
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F.
      Brimmer </FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon </FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Robert S.
      Kapito </FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Trustees
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;
        </TD>
        <TD><center>
          <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
      </center></TD>
        <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Declaration of Trust.</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left> <center>
    <b>[&nbsp;&nbsp;]</b>       </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 0 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JPXA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Pennsylvania Strategic
Municipal Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of The BlackRock Pennsylvania Strategic
Municipal Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
    U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
      <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
          in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
          touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
          CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
      <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
          by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
      <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
          <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
      <LI> <FONT size=1 face="sans-serif">Enter the information requested on
          your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
          instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>

<BR>
<P><BR>
</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
<B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>

<p><B><FONT face="sans-serif">The BlackRock Pennsylvania </FONT></B><BR>
    <B><FONT face="sans-serif">Strategic Municipal Trust</FONT></B></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD width="37%" align=left> <FONT size=1 face="sans-serif">Mark this box
        with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your
        name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>

<P>
<FONT face="sans-serif">A&nbsp;&nbsp; </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="5" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>      <B></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width=9% align=center>&nbsp;</TD>
    <TD width=13% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width="29%" align=left>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT
size=1 face="sans-serif"> </FONT></B>&nbsp;
        </TD>
    <TD width="7%" align=left><center>
      <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD width="7%" align=left><center>
      <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD width="5%" align=left>&nbsp;</TD>
    <TD width="23%" align=left>&nbsp;</TD>
    <TD align=left><center>
        <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=left><center>
        <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer </FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Kathleen
    F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">05 - Robert S.
        Kapito </FONT></TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon </FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<p><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="33%" align=left> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD width="7%">&nbsp; </TD>
    <TD width="8%" align=left>&nbsp; </TD>
    <TD width="8%" align=left>&nbsp; </TD>
    <TD width="44%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Trustees
          recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the
          following proposal.</FONT>&nbsp; </div></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=right>&nbsp; </TD>
    <TD><center>
        <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the
        Trust&#146;s Declaration of Trust.</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>

<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=33% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
      </div></TD>
    <TD width=7% align=center> <b>[&nbsp;&nbsp;]</b> </TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=44% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">C <B>Authorized Signatures - Sign Here - This section
must be completed for your instructions to be executed.</B></FONT></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 1 0 2 </FONT>&nbsp; </TD>
     <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
     <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=85%>
<FONT size=1 face="sans-serif">00JPYA</FONT>&nbsp;
        </TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Pennsylvania Strategic Municipal Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P><B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P><FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley,
    Henry Gabbay and James Kong, and each of them, as proxies, each with the
    power to appoint his or her substitute, and hereby authorizes them to represent
    and to vote, as designated on the reverse side hereof, all of the preferred
    shares of The BlackRock Pennsylvania Strategic Municipal Trust (the "Trust")
    held of record by the undersigned on February 28, 2006 at the Annual Meeting
    of Shareholders of the Trust to be held on May 23, 2006 or at any adjournments
    or postponements thereof.</FONT>  </P>
<P><B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL
      BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER.
      IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN
      THEIR DISCRETION, THE PROXIES  ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS
      AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS
      THEREOF.</FONT></B></P>
<P>
  <B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<P>
<B><FONT face="sans-serif">The BlackRock Strategic Municipal Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD width="37%" align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="4" align=center><hr noshade size=3></TD>
  </TR>
  <TR valign="bottom">
    <TD width="76%" align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp; </div></TD>
    <TD width="9%" align=center><b></b></TD>
    <TD width="7%" align=center><b></b></TD>
    <TD width="8%" align=center><b></b></TD>
  </TR>
  <TR>
    <TD colspan="4">
      <hr noshade size=3>
    </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=27% align=left>
<FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
        </TD>
        <TD width=73% align=right>
<B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp;
        </TD>
</TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="5" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp; </div>
      <B></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width=9% align=center>&nbsp;</TD>
    <TD width=13% align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width="29%" align=left> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT
size=1 face="sans-serif"> </FONT></B>&nbsp; </TD>
    <TD width="7%" align=left><center>
        <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD width="7%" align=left><center>
        <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD width="5%" align=left>&nbsp;</TD>
    <TD width="23%" align=left>&nbsp;</TD>
    <TD align=left><center>
        <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=left><center>
        <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer </FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Robert S. Kapito</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp; </TD>
    <TD><center>
        </center></TD>
    <TD align=left><center>
        </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon </FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD><center>
    </center></TD>
    <TD align=left><center>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<p>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="33%" align=left> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD width="7%">&nbsp; </TD>
    <TD width="8%" align=left>&nbsp; </TD>
    <TD width="8%" align=left>&nbsp; </TD>
    <TD width="44%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the following proposals.</FONT>&nbsp; </div></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=right>&nbsp; </TD>
    <TD><center>
        <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Declaration of Trust.</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">3. To amend the Trust&#146;s Certificate of Designation or Statement</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate.</FONT></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=33% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </div></TD>
    <TD width=7% align=center> <b>[&nbsp;&nbsp;]</b> </TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=44% align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center><hr size="1" noshade>
    </TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center><hr size="1" noshade>
    </TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center><hr size="1" noshade>
    </TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
</TABLE>
<p><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></p>
<P> <FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee, or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 8 1 </FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <font size=1 face="sans-serif">00JQQA</font>&nbsp; </TD>
  </TR>
</TABLE>
<p>&nbsp;</p>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>



<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Strategic Municipal Trust</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of The BlackRock Strategic Municipal Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23,
2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>
<B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!<br>
</FONT></B><FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683) in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on your computer screen and follow thesimple instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<br>
<P>
<B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.<br>
</FONT></B><B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006. <br>
THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>



<P>
<B><FONT face="sans-serif">The BlackRock Strategic Municipal Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD width="37%" align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>
<P> <FONT face="sans-serif">A&nbsp;&nbsp; </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="5" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp; </div>
      <B></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width=9% align=center>&nbsp;</TD>
    <TD width=13% align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width="29%" align=left> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT
size=1 face="sans-serif"> </FONT></B>&nbsp; </TD>
    <TD width="7%" align=left><center>
        <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD width="7%" align=left><center>
        <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD width="5%" align=left>&nbsp;</TD>
    <TD width="23%" align=left>&nbsp;</TD>
    <TD align=left><center>
        <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=left><center>
        <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer </FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">05 - Robert S. Kapito </FONT></TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon </FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD><center>
    </center></TD>
    <TD align=left><center>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<p> </p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="33%" align=left> <FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">&nbsp;&nbsp;Issues</FONT></B>&nbsp; </TD>
    <TD width="7%">&nbsp; </TD>
    <TD width="8%" align=left>&nbsp; </TD>
    <TD width="8%" align=left>&nbsp; </TD>
    <TD width="44%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the following proposals.</FONT>&nbsp; </div></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=right>&nbsp; </TD>
    <TD><center>
        <B><FONT size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Against</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>
      <center>
        <B><FONT size=1 face="sans-serif">Abstain</FONT></B>&nbsp;
    </center></TD>
    <TD align=right>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">2. To amend the Trust&#146;s Declaration of Trust.</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">3. To amend the Trust&#146;s Certificate of Designation or Statement</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;<FONT size=1 face="sans-serif">of Preferences, as appropriate.</FONT></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=33% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </div></TD>
    <TD width=7% align=center> <b>[&nbsp;&nbsp;]</b> </TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=44% align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center><hr size="1" noshade>
    </TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center><hr size="1" noshade>
    </TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=center><hr size="1" noshade>
    </TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">C </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 8 2</FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JQRA</FONT></TD>
  </TR>
</TABLE>
<BR>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - The BlackRock Strategic Municipal Trust</FONT></B>
<hr noshade><P>
  <B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of The BlackRock Strategic Municipal Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May
23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSALS. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Florida Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="4" align=center><hr noshade size=3></TD>
  </TR>
  <TR valign="bottom">
    <TD width="84%" align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp; </div></TD>
    <TD width="7%" align=center><b><font size=4 face="sans-serif"> </font></b><b></b></TD>
    <TD width="4%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
    <TD width="5%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
  </TR>
  <TR>
    <TD colspan="4">
      <hr noshade size=3>
    </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=27% align=left>
<FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
        </TD>
        <TD width=73% align=right>
<B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp;
        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=2 align=left>
<FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
        </TD>
</TR>
</TABLE>

<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>


<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 0 1</FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JRHA</FONT> </TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Florida Municipal Income Trust</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Florida Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May
23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><b><font face="sans-serif">Telephone and Internet Voting Instructions</font></b>
</p>
<P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!<br>
</FONT></B><FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683) in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
          <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on your computer screen and follow the simple instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P><BR>
</P>
<P>
<B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.<br>
</FONT></B><B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006. <br>
THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Florida Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>
<P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Frank J. Fabozzi</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 0 2</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRIA</FONT> </div></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Florida Municipal Income Trust</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Florida Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD width="37%" align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="4" align=center><hr noshade size=3></TD>
  </TR>
  <TR valign="bottom">
    <TD width="89%" align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp; </div></TD>
    <TD width="3%" align=center><b><font size=4 face="sans-serif"> </font></b><b></b></TD>
    <TD width="3%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
    <TD width="5%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
  </TR>
  <TR>
    <TD colspan="4">
      <hr noshade size=3>
    </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=27% align=left> <FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp; </TD>
    <TD width=73% align=right> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD colspan=2 align=left> <FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 9 1</FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JREA</FONT></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal Income Trust</FONT></B>
<hr noshade>

<P>
  <B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23,
2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!<br>
</FONT></B><FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></P>
<P>&nbsp;</P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683) in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
          <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P>
<B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.<br>
</FONT></B><B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006. <br>
THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>

<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="3" align=left><font face="sans-serif">A </font><b><font face="sans-serif">Election of Trustees</font></b></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=left><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Frank J. Fabozzi</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen F. Feldstein</FONT> </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 9 2</FONT> </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRFA</FONT> </div></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal Income Trust</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23,
2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock California Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="4" align=center><hr noshade size=3></TD>
  </TR>
  <TR valign="bottom">
    <TD width="80%" align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp; </div></TD>
    <TD width="5%" align=center><b><font size=4 face="sans-serif"> </font></b><b></b></TD>
    <TD width="9%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
    <TD width="6%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
  </TR>
  <TR>
    <TD colspan="4">
      <hr noshade size=3>
    </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=27% align=left>
<FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
        </TD>
        <TD width=73% align=right>
<B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp;
        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=2 align=left>
<FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 8 1</FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JRBA</FONT></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California Municipal Income Trust</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock California Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!<br>
</FONT></B><FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></P>
<P>&nbsp;</P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683) in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
          <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P>
<B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.<br>
</FONT></B><B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006. <br>
THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>



<P>
<B><FONT face="sans-serif">BlackRock California Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="4" align=center><hr noshade size=3></TD>
  </TR>
  <TR valign="bottom">
    <TD width="80%" align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B> </div></TD>
    <TD width="5%" align=center><b><font size=4 face="sans-serif"> </font></b><b></b></TD>
    <TD width="9%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
    <TD width="6%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
  </TR>
  <TR>
    <TD colspan="4">
      <hr noshade size=3>
    </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="2" align=left><font face="sans-serif">A </font><b><font face="sans-serif">Election of Trustees</font></b></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=left><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif"> 02 - Frank J. Fabozzi </FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 8 2</FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JRCA</FONT></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California Municipal Income Trust</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock California Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held
on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New Jersey Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<br>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>
<hr noshade size=3>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=27% align=left> <FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp; </TD>
    <TD width=73% align=right> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD colspan=2 align=left> <FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT> </TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 1 1</FONT> </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JRKA</FONT></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New Jersey Municipal Income Trust</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock New Jersey Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!<br>
</FONT></B><FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683) in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
          <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P>
<B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.<br>
</FONT></B><B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006. <br>
THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New Jersey Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<br>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3><P><FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees<br>
</FONT></B><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Frank J. Fabozzi</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 1 2</FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JRLA</FONT></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New Jersey Municipal Income Trust</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock New Jersey Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held
on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>



<P>
<B><FONT face="sans-serif">BlackRock New York Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD colspan="4" align=center><hr noshade size=3></TD>
  </TR>
  <TR valign="bottom">
    <TD width="80%" align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp; </div></TD>
    <TD width="5%" align=center><b><font size=4 face="sans-serif"> </font></b><b></b></TD>
    <TD width="9%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
    <TD width="6%" align=center><b><font size=1 face="sans-serif"> </font></b></TD>
  </TR>
  <TR>
    <TD colspan="4">
      <hr noshade size=3>
    </TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=27% align=left> <FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp; </TD>
    <TD width=73% align=right> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD colspan=2 align=left> <FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;&nbsp; </TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 2 1</FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JRNA</FONT></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>

<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York Municipal Income Trust</FONT></B>
<hr noshade>
<P>
  <B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock New York Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!<br>
</FONT></B><FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683) in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
          <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P>
<B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.<br>
</FONT></B><B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006. <br>
THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New York Municipal Income Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>
<br>
<FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees<br>
</FONT></B><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Frank J. Fabozzi</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 2 2</FONT>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JROA</FONT></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York Municipal Income Trust</FONT></B>
<hr noshade>

<P>
  <B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock New York Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<p><B><FONT face="sans-serif">BlackRock California</FONT></B><BR>
    <B><FONT face="sans-serif">Municipal 2018 Term Trust</FONT></B></p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box
        with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your
        name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy
            Card - Common Shares</FONT></B>&nbsp; </div></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR>
    <TD>
      <hr noshade size=3>
    </TD>
    <TD>
      <hr noshade size=3>
    </TD>
    <TD>
      <hr noshade size=3>
    </TD>
    <TD>
      <hr noshade size=3>
    </TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp; <B><FONT face="sans-serif">Election
            of Trustees</FONT></B>&nbsp; </div></TD>
    <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO
          THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=41% align=center>&nbsp;</TD>
  <TD width=9% align=center>&nbsp;</TD>
  <TD width=9% align=center>&nbsp;</TD>
  <TD width=41% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div></TD>
    <TD align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01 - Richard E. Cavanagh</FONT>&nbsp;
      </div></TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR>
        <TD>

          <div align="left"></div></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02 - Ralph L. Schlosstein</FONT>&nbsp;
      </div></TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
</TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=33% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
      </div></TD>
    <TD width="6%"><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD width=61% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 3 1</FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=14% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=86%>
<FONT size=1 face="sans-serif">00JKQA</FONT>&nbsp;
        </TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California Municipal 2018 Term Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock California Municipal 2018 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held
on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<p><B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!</FONT></B><BR>
    <FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<p>&nbsp;</p>
<p><BR>
  <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
<B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></p>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>



<B><FONT face="sans-serif">BlackRock California</FONT></B><BR>
<B><FONT face="sans-serif">Municipal 2018 Term Trust</FONT></B><BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width="21%" align=left nowrap>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=right>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box
        with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your
        name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>

<P>
<FONT face="sans-serif">A&nbsp;&nbsp; </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=38% align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div></TD>
    <TD width=11% align=center><B></B></TD>
    <TD width=11% align=center>&nbsp;</TD>
    <TD width=40% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT
size=1 face="sans-serif"> </FONT></B>&nbsp;
        </TD>
    <TD align=left><center>
      <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD align=left><center>
      <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Frank J. Fabozzi</FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen F. Feldstein</FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<p><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=33% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
      </div></TD>
    <TD width=8% align=center> <b>[&nbsp;&nbsp;]</b> </TD>
    <TD width=59% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 3 2 </FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=85%>
<FONT size=1 face="sans-serif">00JKRA</FONT>&nbsp;
        </TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California Municipal 2018 Term Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock California Municipal 2018 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be
held on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Municipal 2018 Term Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp; <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp; </div></TD>
    <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
  </TR>
  <TR align="left" valign="bottom">
    <TD colspan="2" nowrap><font size=1 face="sans-serif">1. The Board of Trustees recommends a vote </font><b><font size=1 face="sans-serif">FOR </font></b><font size=1 face="sans-serif">the listed nominees.</font>&nbsp;</TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 6 1</FONT></TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JR8A</FONT></TD>
  </TR>
</TABLE>
<br>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal 2018 Term Trust</FONT></B>
<hr noshade>

<P>
  <B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Municipal 2018 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23,
2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!<br>
</FONT></B><FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683) in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P>
<B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.<br>
</FONT></B><B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006. <br>
THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Municipal 2018 Term Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>
<FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees<br>
</FONT></B><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Frank J. Fabozzi</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 6 2</FONT> </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JR9A</FONT></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal 2018 Term Trust</FONT></B>
<hr noshade>

<P>
  <B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Municipal 2018 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May
23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New York Municipal 2018 Term Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<br>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>
<hr noshade size=3>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=27% align=left> <FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp; </TD>
    <TD width=73% align=right> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD colspan=2 align=left> <FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;</TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 4 1</FONT></TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JR5A</FONT></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York Municipal 2018 Term Trust</FONT></B>
<hr noshade>

<P>
  <B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock New York Municipal 2018 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on
May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!<br>
</FONT></B><FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683) in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
          <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P>
<B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.<br>
</FONT></B><B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006. <br>
THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New York Municipal 2018 Term Trust</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<br>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>
<FONT face="sans-serif">A </FONT><B><FONT face="sans-serif">Election of Trustees<br>
</FONT></B><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=41% align=center> <B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width="30%" align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Frank J. Fabozzi</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp; </TD>
    <TD>
      <center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left><hr size="1" noshade>
    </TD>
    <TD><hr size="1" noshade></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
  </TR>
</TABLE>
<P><FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 6 9 4 2</FONT> </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<br>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp; </div></TD>
    <TD width=85%> <FONT size=1 face="sans-serif">00JR6A</FONT></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P><PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York Municipal 2018 Term Trust</FONT></B>
<hr noshade>

<P>
  <B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock New York Municipal 2018 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held
on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Core Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" align=right>&nbsp;</TD>
    <TD width="37%" align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD align=left> <FONT size=1 face="sans-serif">Mark this box
        with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your
        name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy
            Card - Common Shares</FONT></B>&nbsp; </div></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR>
    <TD>
      <hr noshade size=3>
    </TD>
    <TD>
      <hr noshade size=3>
    </TD>
    <TD>
      <hr noshade size=3>
    </TD>
    <TD>
      <hr noshade size=3>
    </TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp; <B><FONT face="sans-serif">Election
            of Trustees</FONT></B>&nbsp; </div></TD>
    <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO
          THE REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=42% align=center>&nbsp;</TD>
  <TD width=8% align=center>&nbsp;</TD>
  <TD width=9% align=center>&nbsp;</TD>
  <TD width=41% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div></TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B></B>&nbsp;
        </TD>
    <TD align=center><B><FONT
size=1 face="sans-serif">For</FONT></B></TD>
    <TD align=center><B><FONT
size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Frank J. Fabozzi</FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD>&nbsp;

        </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD>&nbsp;

        </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein</FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<div align="left">
  <p>&nbsp;</p>
  <p><BR>
  </p>
  <TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
    <TR valign="bottom">
      <TD width=36% align=center>
        <div align="left"><FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </div></TD>
      <TD width=9% align=center> <b>[&nbsp;&nbsp;]</b> </TD>
      <TD width=55% align=center>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD align=center>&nbsp;</TD>
      <TD align=center>&nbsp;</TD>
      <TD align=center>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD colspan="2" align=center><hr size="1" noshade>      </TD>
      <TD align=center>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD colspan="2" align=center>&nbsp;</TD>
      <TD align=center>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD colspan="2" align=center><hr size="1" noshade>      </TD>
      <TD align=center>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD colspan="2" align=center>&nbsp;</TD>
      <TD align=center>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD colspan="2" align=center><hr size="1" noshade>      </TD>
      <TD align=center>&nbsp;</TD>
    </TR>
  </TABLE>
</div>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 0 4 1 </FONT>&nbsp; </TD>
    <TD width=9%>&nbsp; </TD>
    <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
    <TD width=4%>&nbsp; </TD>
    <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=14% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=86%>
<FONT size=1 face="sans-serif">00JLJA</FONT>&nbsp;
        </TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>&nbsp;</P>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Core Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Core Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or at
any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<p><B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available 24 hours a day 7 days a week!</FONT></B><BR>
    <FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose one of the two voting methods outlined below to vote your proxy.</FONT></p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<p>&nbsp;</p>
<p><BR>
  <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet, please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
<B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></p>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock Strategic Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Frank J. Fabozzi</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 0 5 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JQTA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Strategic Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Strategic Bond Trust  (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>


<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 3 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSEA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Municipal Bond Trust  (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>


<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 3 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSFA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock California Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 2 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSBA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock California Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock California Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 2 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSDA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock California Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Florida Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 5 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSHA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Florida Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Florida Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock Florida Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 5 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSIA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Florida Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Florida Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Maryland Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 8 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSQA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Maryland Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Maryland Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock Maryland Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 8 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSRA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Maryland Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Maryland Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New Jersey Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 6 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSKA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New Jersey Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock New Jersey Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New Jersey Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 6 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSLA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New Jersey Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock New Jersey Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New York Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 7 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSNA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock New York Municipal Bond Trust  (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New York Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 7 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSOA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock New York Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Virginia Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 9 0 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSTA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Virginia Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Virginia Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock Virginia Municipal Bond Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 9 0 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JSUA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Virginia Municipal Bond Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Virginia Municipal Bond Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Municipal Income Trust II</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 9 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JS2A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal Income Trust II</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Municipal Income Trust II (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock Municipal Income Trust II</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 9 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JS3A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal Income Trust II</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Municipal Income Trust II (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock California<br>
Municipal Income Trust II</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 1 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JS8A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California
Municipal Income Trust II</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock California
Municipal Income Trust II (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock California<br>
Municipal Income Trust II</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 1 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JS9A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California
Municipal Income Trust II</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock California
Municipal Income Trust II (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New York<br>
Municipal Income Trust II</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 0 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JS5A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York
Municipal Income Trust II</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock New York
Municipal Income Trust II (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New York<br>
Municipal Income Trust II</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 8 0 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JS6A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York
Municipal Income Trust II</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock New York
Municipal Income Trust II (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Insured Municipal Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 4 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRTA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Insured Municipal Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock
Insured Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Insured Municipal Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif"></FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
    <b>[&nbsp;&nbsp;]</b>  </center></TD>
  <TD align=left><center>
    <b>[&nbsp;&nbsp;]</b>  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 4 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRTA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Insured Municipal Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock
Insured Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock California<br>
Insured Municipal Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 5 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRTA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California
Insured Municipal Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock California
Insured Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock California<br>
Insured Municipal Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 5 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRUA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock California
Insured Municipal Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock California
Insured Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Florida<br>
Insured Municipal Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 6 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRWA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Florida
Insured Municipal Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Florida
Insured Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Florida<br>
Insured Municipal Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 6 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRXA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Florida
Insured Municipal Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Florida
Insured Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>


<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock New York<br>
Insured Municipal Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - R. Glenn Hubbard</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 7 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRZA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York Insured Municipal Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock New York Insured Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock New York<br>
Insured Municipal Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - R. Glenn Hubbard</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 6 7 7 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JS0A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock New York Insured Municipal Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock New York Insured Municipal Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>

<P>
<B><FONT face="sans-serif">BlackRock Preferred Opportunity Trust </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap> <B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp; </TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp; </TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Robert S. Kapito</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>

<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 1 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JOUB</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - </FONT></B><B><FONT face="sans-serif">BlackRock Preferred Opportunity Trust </FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of BlackRock Preferred Opportunity Trust  (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE
VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION
IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE
PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED
TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<BR>
<P><BR>
    <B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
    please DO NOT mail back this proxy card.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
    must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
    <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<p><B><FONT face="sans-serif">BlackRock Preferred Opportunity Trust</FONT></B></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width="21%" align=left>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%" align=left>&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="4%" rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
    <TD width="37%" align=left> <FONT size=1 face="sans-serif">Mark this box
        with an X if you have made</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left> <FONT size=1 face="sans-serif">changes to your
        name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<hr noshade size=3>
<B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>
<hr noshade size=3>

<P>
<FONT face="sans-serif">A&nbsp;&nbsp; </FONT><B><FONT face="sans-serif">Election of Trustees&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT size=2 face="sans-serif">
</FONT></B>&nbsp; </P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="5" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>      <B></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD width=9% align=center>&nbsp;</TD>
    <TD width=13% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width="29%" align=left>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT
size=1 face="sans-serif"> </FONT></B>&nbsp;
        </TD>
    <TD width="7%" align=left><center>
      <B><FONT
size=1 face="sans-serif">For</FONT></B>
    </center></TD>
    <TD width="7%" align=left><center>
      <B><FONT
size=1 face="sans-serif">Withhold</FONT></B>
    </center></TD>
    <TD width="5%" align=left>&nbsp;</TD>
    <TD width="23%" align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer </FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon </FONT>&nbsp;
        </TD>
    <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">05 - Robert S. Kapito</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<p><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=33% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
      </div></TD>
    <TD width=7% align=center> <b>[&nbsp;&nbsp;]</b> </TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=8% align=center>&nbsp;</TD>
    <TD width=44% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=center><hr size="1" noshade>    </TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B <B>Authorized Signatures - Sign Here - This section
must be completed for your instructions to be executed.</B></FONT></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=10% nowrap>&nbsp; </TD>
    <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep
          signature within the box</FONT>&nbsp; </div></TD>
    <TD width=12% nowrap>&nbsp; </TD>
    <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp; </div></TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade>
    </TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade>
    </TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
    <TD>&nbsp;</TD>
    <TD align=center><hr noshade></TD>
  </TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=29% align=center> <FONT face="sans-serif">0 0 8 7 1 1 2 </FONT>&nbsp; </TD>
     <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp; </div></TD>
     <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp; </div></TD>
  </TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=15% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=85%>
<FONT size=1 face="sans-serif">00JLSB</FONT>&nbsp;
        </TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Preferred Opportunity Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P><B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P><FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley,
    Henry Gabbay and James Kong, and each of them, as proxies, each with the
    power to appoint his or her substitute, and hereby authorizes them to represent
    and to vote, as designated on the reverse side hereof, all of the preferred
    shares of the BlackRock Preferred Opportunity Trust (the "Trust")
    held of record by the undersigned on February 28, 2006 at the Annual Meeting
    of Shareholders of the Trust to be held on May 23, 2006 or at any adjournments
    or postponements thereof.</FONT>  </P>
<P><B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL
      BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER.
      IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN
      THEIR DISCRETION, THE PROXIES  ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS
      AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS
      THEREOF.</FONT></B></P>
<P>
  <B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Limited Duration Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kent Dixon</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Robert S. Kapito</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD colspan="4" align=center>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 4 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JQOB</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Limited Duration Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Limited Duration Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Municipal 2020 Term Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Robert S. Kapito</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 2 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JQZA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal 2020 Term Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Municipal 2020 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Municipal 2020 Term Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">05 - Robert S. Kapito</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 2 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JR0A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Municipal 2020 Term Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Municipal 2020 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Florida<br>
Municipal 2020 Term Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Robert S. Kapito</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 3 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JR2A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Florida Municipal 2020 Term Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Florida Municipal 2020 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Florida <br>
Municipal 2020 Term Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Andrew F. Brimmer</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kent Dixon</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">05 - Robert S. Kapito</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 1 3 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JR3A</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
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<B><FONT size=4 face="sans-serif">Proxy - BlackRock Florida Municipal 2020 Term Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Florida Municipal 2020 Term Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
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<P align="left" style="page-break-before:always"></P>
<PAGE>

<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><img src="c41536_bdvx1x1.jpg" border=0></td>
    <td> <center>
      <BR>
        <B><FONT size=4 face="sans-serif">YOUR VOTE IS IMPORTANT</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">VOTE BY INTERNET / TELEPHONE</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">24 HOURS A DAY, 7 DAYS A WEEK</FONT></B><BR>
    </center></td>
  </tr>
</table>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">INTERNET</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">TELEPHONE</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">MAIL</FONT></U></B>&nbsp;
        </TD>
</TR>
<TR>
        <TD colspan=9>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=2 face="sans-serif">https://www.proxyvotenow.com/bdv</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><FONT size=2 face="sans-serif">1-866-205-9017</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&#149; Go to the website
          address listed</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>
<FONT size=2 face="sans-serif">&#149; Use any touch-tone telephone.</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD><FONT size=2 face="sans-serif">&#149;</FONT>
        </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Mark, sign and date your proxy card.</FONT>&nbsp;
            </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>

          <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;above.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left> <FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
              your proxy card ready.</FONT></B>&nbsp; </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Detach your proxy card.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=left>
    <div align="left"><FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
          your proxy card ready.</FONT></B>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&#149; Follow
    the simple recorded</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Return your proxy card
          in the</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&#149; Follow the simple
        instructions that</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;instructions.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">postage-paid envelope
          provided.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;appear on your computer
        screen.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">(must be received by the
          Trust on or</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;before May 22, 2006)</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="73%">&nbsp;</td>
    <td width="27%"><hr noshade>    </td>
  </tr>
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    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
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    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
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    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
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    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><hr noshade>    </td>
  </tr>
</table>
<p align="center"><BR>
  <B><FONT size=1 face="sans-serif">Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 22, 2006.</FONT></B><BR>
  <FONT size=1 face="sans-serif">\/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>DETACH
PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\/</FONT></p>
<hr size="1" noshade>

<p align="center"><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="10%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="5%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Please Sign, Date and Return</FONT></B>&nbsp;
            </div></TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="11%" align=center>&nbsp;
        </TD>
        <TD width="12%">&nbsp;
        </TD>
        <TD width="31%" align=left>&nbsp;

        </TD>
        <TD width="3%" align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=left>
<B><FONT size=1 face="sans-serif">the Proxy Card Promptly</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left><B><FONT size=4 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x</FONT></B>

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Using the Enclosed Envelope.</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Votes must be indicated</FONT></B>&nbsp;
            </div>      </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD width="13%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="6%" align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">(x) in Black or Blue ink.</FONT></B>&nbsp;
            </div>      </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>&nbsp;

        </TD>
        <TD>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=3 align=right>
      <div align="left"><FONT size=1 face="sans-serif">1. Election of Trustees:</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">FOR</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">WITHHOLD</FONT>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">EXCEPTION</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center><hr noshade>    </TD>
        <TD align=left><hr noshade>

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">THE</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;] </FONT>&nbsp;
    </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">FROM THE</FONT>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">BLACKROCK</FONT></B>&nbsp;      </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">DIVIDEND ACHIEVERS</FONT></B><B><SUP><FONT size=2 face="sans-serif">TM </FONT></SUP></B><B><FONT size=2 face="sans-serif">TRUST</FONT></B>&nbsp;        </TD>
  </TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
      <hr noshade>
        </TD>
        <TD>
      <hr noshade>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B>&nbsp;
        </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Nominee:</FONT>&nbsp;
            </div></TD>
        <TD colspan=4 align=center><div align="left"><FONT size=1 face="sans-serif"> 01 - Andrew F. Brimmer</FONT></div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">02 - Kent Dixon</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">03 - Robert S. Kapito</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="right"><FONT size=1 face="sans-serif">To change your address, please mark this box.</FONT>&nbsp;
            </div></TD>
        <TD align=right>
      <div align="right"><FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
            </div></TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(INSTRUCTIONS: To withhold authority to vote for any individual nominee,</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=left>
<B><FONT size=1 face="sans-serif">strike a line through that nominee&#146;s name and check the &#147;Exceptions&#148; box above.)</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="right"><FONT size=1 face="sans-serif">To include any comments, please mark this box.</FONT>&nbsp;
            </div></TD>
        <TD align=right> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT> </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
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  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
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  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right><hr size="1" noshade>    </TD>
  <TD align=right><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right> <div align="left"><B><FONT size=2 face="sans-serif">S C A N &nbsp;&nbsp;L I N E</FONT></B></div></TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right><hr size="1" noshade>    </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right> <div align="justify"><FONT size=1 face="sans-serif">(Please sign exactly
          as name or names appear hereon. Full title of one signing in representative
          capacity should be clearly designated after signature. Names of all joint
    holders should be written even if signed by only one.)</FONT></div></TD>
</TR>
</TABLE>
<BR>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=49% align=center>&nbsp;</TD>
  <TD colspan="3" align=center><hr size="1" noshade>    </TD>
  <TD width=3%>&nbsp;</TD>
  <TD width=25% align=center><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
        <TD width=3% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Date</FONT>&nbsp;
            </div></TD>
        <TD width=2%>&nbsp;
        </TD>
        <TD width=18% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Share Owner sign here</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Co-Owner sign here</FONT>&nbsp;
            </div></TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<hr size="1" noshade>
<P align="center"><B><FONT size=2 face="sans-serif">PROXY</FONT></B></P>
<P align="center">
<B><FONT face="sans-serif">BLACKROCK DIVIDEND ACHIEVERS</FONT></B><B><SUP><FONT face="sans-serif">TM </FONT></SUP></B><B><FONT face="sans-serif">TRUST</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes
them to represent and to vote, as designated on the reverse side hereof, all of the common shares of the BlackRock Dividend Achievers</FONT><SUP><FONT size=2 face="sans-serif">TM </FONT></SUP><FONT size=2 face="sans-serif">Trust (the
&#147;Trust&#148;) held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN
THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Continued on the reverse side. Must be signed and dated on the reverse side.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="25%"><center>
      <FONT size=1 face="sans-serif">HAS YOUR ADDRESS CHANGED?</FONT>
    </center></td>
    <td width="20%">&nbsp;</td>
    <td width="55%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td rowspan="4" valign="top"><FONT size=1 face="sans-serif">BLACKROCK DIVIDEND ACHIEVERS</FONT><SUP><FONT size=1 face="sans-serif">TM </FONT></SUP><FONT size=1 face="sans-serif">TRUST</FONT><BR>
      <FONT size=1 face="sans-serif">P.O. BOX 11325</FONT><BR>
      <FONT size=1 face="sans-serif">NEW YORK, N.Y. 10203-0325</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td> <center>
      <FONT size=1 face="sans-serif">DO YOU HAVE ANY COMMENTS?</FONT>
    </center></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<P><BR>
</P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>

<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><img src="c41536_bdvx1x1.jpg" border=0></td>
    <td> <center>
      <BR>
        <B><FONT size=4 face="sans-serif">YOUR VOTE IS IMPORTANT</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">VOTE BY INTERNET / TELEPHONE</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">24 HOURS A DAY, 7 DAYS A WEEK</FONT></B><BR>
    </center></td>
  </tr>
</table>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">INTERNET</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">TELEPHONE</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">MAIL</FONT></U></B>&nbsp;
        </TD>
</TR>
<TR>
        <TD colspan=9>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=2 face="sans-serif">https://www.proxyvotenow.com/bdt</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><FONT size=2 face="sans-serif">1-866-265-2402</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&#149; Go to the website
          address listed</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>
<FONT size=2 face="sans-serif">&#149; Use any touch-tone telephone.</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD><FONT size=2 face="sans-serif">&#149;</FONT>
        </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Mark, sign and date your proxy card.</FONT>&nbsp;
            </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>

          <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;above.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left> <FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
              your proxy card ready.</FONT></B>&nbsp; </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Detach your proxy card.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=left>
    <div align="left"><FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
          your proxy card ready.</FONT></B>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&#149; Follow
    the simple recorded</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Return your proxy card
          in the</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&#149; Follow the simple
        instructions that</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;instructions.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">postage-paid envelope
          provided.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;appear on your computer
        screen.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">(must be received by the
          Trust on or</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;before May 22, 2006)</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="73%">&nbsp;</td>
    <td width="27%"><hr noshade>    </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><hr noshade>    </td>
  </tr>
</table>
<p align="center"><BR>
  <B><FONT size=1 face="sans-serif">Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 22, 2006.</FONT></B><BR>
  <FONT size=1 face="sans-serif">\/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>DETACH
PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\/</FONT></p>
<hr size="1" noshade>

<p align="center"><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="10%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="5%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Please Sign, Date and Return</FONT></B>&nbsp;
            </div></TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="11%" align=center>&nbsp;
        </TD>
        <TD width="12%">&nbsp;
        </TD>
        <TD width="31%" align=left>&nbsp;

        </TD>
        <TD width="3%" align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=left>
<B><FONT size=1 face="sans-serif">the Proxy Card Promptly</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left><B><FONT size=4 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x</FONT></B>

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Using the Enclosed Envelope.</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Votes must be indicated</FONT></B>&nbsp;
            </div>      </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD width="13%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="6%" align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">(x) in Black or Blue ink.</FONT></B>&nbsp;
            </div>      </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>&nbsp;

        </TD>
        <TD>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=3 align=right>
      <div align="left"><FONT size=1 face="sans-serif">1. Election of Trustees:</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">FOR</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">WITHHOLD</FONT>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">EXCEPTION</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center><hr noshade>    </TD>
        <TD align=left><hr noshade>

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">THE</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;] </FONT>&nbsp;
    </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">FROM THE</FONT>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">BLACKROCK</FONT></B>&nbsp;      </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">STRATEGIC DIVIDEND
              ACHIEVERS</FONT></B><B><SUP><FONT size=2 face="sans-serif">TM </FONT></SUP></B><B><FONT size=2 face="sans-serif">TRUST</FONT></B>&nbsp;   </TD>
  </TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
      <hr noshade>
        </TD>
        <TD>
      <hr noshade>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B>&nbsp;
        </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Nominee:</FONT>&nbsp;
            </div></TD>
        <TD colspan=4 align=center><div align="left"><FONT size=1 face="sans-serif"> 01
    - Frank J. Fabozzi </FONT></div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="right"><FONT size=1 face="sans-serif">To change your address, please mark this box.</FONT>&nbsp;
            </div></TD>
        <TD align=right>
      <div align="right"><FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
            </div></TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(INSTRUCTIONS: To withhold authority to vote for any individual nominee,</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=left>
<B><FONT size=1 face="sans-serif">strike a line through that nominee&#146;s name and check the &#147;Exceptions&#148; box above.)</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="right"><FONT size=1 face="sans-serif">To include any comments, please mark this box.</FONT>&nbsp;
            </div></TD>
        <TD align=right> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT> </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right><hr size="1" noshade>    </TD>
  <TD align=right><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right> <div align="left"><B><FONT size=2 face="sans-serif">S C A N &nbsp;&nbsp;L I N E</FONT></B></div></TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right><hr size="1" noshade>    </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right> <div align="justify"><FONT size=1 face="sans-serif">Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should
sign. When signing as attorney, executor, administrator, trustee, or guardian, please give full title as such. If
a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please
sign in partnership name by authorized person.</FONT></div></TD>
</TR>
</TABLE>
<BR>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=49% align=center>&nbsp;</TD>
  <TD colspan="3" align=center><hr size="1" noshade>    </TD>
  <TD width=3%>&nbsp;</TD>
  <TD width=25% align=center><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
        <TD width=3% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Date</FONT>&nbsp;
            </div></TD>
        <TD width=2%>&nbsp;
        </TD>
        <TD width=18% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Share Owner sign here</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Co-Owner sign here</FONT>&nbsp;
            </div></TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<hr size="1" noshade>
<P align="center"><B><FONT size=2 face="sans-serif">PROXY</FONT></B></P>
<P align="center">
<B><FONT face="sans-serif">BLACKROCK STRATEGIC DIVIDEND ACHIEVERS</FONT></B><B><SUP><FONT face="sans-serif">TM </FONT></SUP></B><B><FONT face="sans-serif">TRUST</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="sans-serif">The undersigned
hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them,
as proxies, each with the power to appoint his or her substitute, and hereby
authorizes them to represent and to vote, as designated on the reverse side hereof,
all of the common shares of the BlackRock Strategic Dividend Achievers<sup>TM</sup> Trust
(the &#147;Trust&#148;) held of record by the
undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the
Trust to be held on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN
PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED
SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL.
IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS
AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS
THEREOF.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Continued on the reverse side. Must be signed and dated on the reverse side.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="25%"><center>
      <FONT size=1 face="sans-serif">HAS YOUR ADDRESS CHANGED?</FONT>
    </center></td>
    <td width="20%">&nbsp;</td>
    <td width="55%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td rowspan="4" valign="top"><FONT size=1 face="sans-serif">BLACKROCK STRATEGIC
        DIVIDEND ACHIEVERS</FONT><SUP><FONT size=1 face="sans-serif">TM </FONT></SUP><FONT size=1 face="sans-serif">TRUST</FONT><BR>
      <FONT size=1 face="sans-serif">P.O. BOX 11032</FONT><BR>
      <FONT size=1 face="sans-serif">NEW YORK, N.Y. 10203-0032</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td> <center>
      <FONT size=1 face="sans-serif">DO YOU HAVE ANY COMMENTS?</FONT>
    </center></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<P><BR>
</P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><img src="c41536_bdvx1x1.jpg" border=0></td>
    <td> <center>
      <BR>
        <B><FONT size=4 face="sans-serif">YOUR VOTE IS IMPORTANT</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">VOTE BY INTERNET / TELEPHONE</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">24 HOURS A DAY, 7 DAYS A WEEK</FONT></B><BR>
    </center></td>
  </tr>
</table>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">INTERNET</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">TELEPHONE</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">MAIL</FONT></U></B>&nbsp;
        </TD>
</TR>
<TR>
        <TD colspan=9>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=2 face="sans-serif">https://www.proxyvotenow.com/bqy</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><FONT size=2 face="sans-serif">1-866-265-2371</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&#149; Go to the website
          address listed</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>
<FONT size=2 face="sans-serif">&#149; Use any touch-tone telephone.</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD><FONT size=2 face="sans-serif">&#149;</FONT>
        </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Mark, sign and date your proxy card.</FONT>&nbsp;
            </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>

          <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;above.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left> <FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
              your proxy card ready.</FONT></B>&nbsp; </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Detach your proxy card.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=left>
    <div align="left"><FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
          your proxy card ready.</FONT></B>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&#149; Follow
    the simple recorded</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Return your proxy card
          in the</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&#149; Follow the simple
        instructions that</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;instructions.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">postage-paid envelope
          provided.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;appear on your computer
        screen.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">(must be received by the
          Trust on or</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">before May 22, 2006)</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="73%">&nbsp;</td>
    <td width="27%"><hr noshade>    </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><hr noshade>    </td>
  </tr>
</table>
<p align="center"><BR>
  <B><FONT size=1 face="sans-serif">Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 22, 2006.</FONT></B><BR>
  <FONT size=1 face="sans-serif">\/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>DETACH
PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\/</FONT></p>
<hr size="1" noshade>

<p align="center"><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="10%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="5%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Please Sign, Date and Return</FONT></B>&nbsp;
            </div></TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="11%" align=center>&nbsp;
        </TD>
        <TD width="12%">&nbsp;
        </TD>
        <TD width="31%" align=left>&nbsp;

        </TD>
        <TD width="3%" align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=left>
<B><FONT size=1 face="sans-serif">the Proxy Card Promptly</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left><B><FONT size=4 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x</FONT></B>

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Using the Enclosed Envelope.</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Votes must be indicated</FONT></B>&nbsp;
            </div>      </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD width="13%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="6%" align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">(x) in Black or Blue ink.</FONT></B>&nbsp;
            </div>      </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>&nbsp;

        </TD>
        <TD>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=3 align=right>
      <div align="left"><FONT size=1 face="sans-serif">1. Election of Trustees:</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">FOR</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">WITHHOLD</FONT>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">EXCEPTION</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center><hr noshade>    </TD>
        <TD align=left><hr noshade>

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">THE</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;] </FONT>&nbsp;
    </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">FROM THE</FONT>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">BLACKROCK S&amp;P QUALITY RANKINGS</FONT></B>&nbsp;     </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
            </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">GLOBAL EQUITY MANAGED TRUST</FONT></B>&nbsp;    </TD>
  </TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
      <hr noshade>
        </TD>
        <TD>
      <hr noshade>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B>&nbsp;
        </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Nominee:</FONT>&nbsp;
            </div></TD>
        <TD colspan=4 align=center><div align="left"><FONT size=1 face="sans-serif"> 01
    - Frank J. Fabozzi </FONT></div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="right"><FONT size=1 face="sans-serif">To change your address, please mark this box.</FONT>&nbsp;
            </div></TD>
        <TD align=right>
      <div align="right"><FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
            </div></TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(INSTRUCTIONS: To withhold authority to vote for any individual nominee,</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=left>
<B><FONT size=1 face="sans-serif">strike a line through that nominee&#146;s name and check the &#147;Exceptions&#148; box above.)</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="right"><FONT size=1 face="sans-serif">To include any comments, please mark this box.</FONT>&nbsp;
            </div></TD>
        <TD align=right> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT> </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right><hr size="1" noshade>    </TD>
  <TD align=right><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right> <div align="left"><B><FONT size=2 face="sans-serif">S C A N &nbsp;&nbsp;L I N E</FONT></B></div></TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right><hr size="1" noshade>    </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right> <div align="justify"><FONT size=1 face="sans-serif">Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should
sign. When signing as attorney, executor, administrator, trustee, or guardian, please give full title as such. If
a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please
sign in partnership name by authorized person.</FONT></div></TD>
</TR>
</TABLE>
<BR>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=49% align=center>&nbsp;</TD>
  <TD colspan="3" align=center><hr size="1" noshade>    </TD>
  <TD width=3%>&nbsp;</TD>
  <TD width=25% align=center><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
        <TD width=3% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Date</FONT>&nbsp;
            </div></TD>
        <TD width=2%>&nbsp;
        </TD>
        <TD width=18% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Share Owner sign here</FONT>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Co-Owner sign here</FONT>&nbsp;
            </div></TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<hr size="1" noshade>
<P align="center"><B><FONT size=2 face="sans-serif">PROXY</FONT></B></P>
<P align="center">
<B><FONT face="sans-serif">BLACKROCK S&amp;P QUALITY RANKINGS<br>
GLOBAL EQUITY MANAGED TRUST </FONT></B><B></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="sans-serif">The undersigned
hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them,
as proxies, each with the power to appoint his or her substitute, and hereby
authorizes them to represent and to vote, as designated on the reverse side hereof,
all of the common shares of the BlackRock S&amp;P Quality Rankings Global Equity
Managed Trust (the &#147;Trust&#148;)
held of record by the undersigned on February 28, 2006 at the Annual Meeting
of Shareholders of the Trust to be held on May 23, 2006 or at any adjournments
or postponements thereof.</FONT></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN
PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED
SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL.
IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS
AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS
THEREOF.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Continued on the reverse side. Must be signed and dated on the reverse side.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="25%"><center>
      <FONT size=1 face="sans-serif">HAS YOUR ADDRESS CHANGED?</FONT>
    </center></td>
    <td width="20%">&nbsp;</td>
    <td width="55%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td rowspan="4" valign="top"><FONT size=1 face="sans-serif">BLACKROCK S&amp;P QUALITY RANKINGS GLOBAL EQUITY MANAGED TRUST
        <br>
      P.O. BOX 11066
      <br>
    NEW YORK, N.Y. 10203-0066</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td> <center>
      <FONT size=1 face="sans-serif">DO YOU HAVE ANY COMMENTS?</FONT>
    </center></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<P><BR>
</P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Global Floating Rate Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 0 3 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRQA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Global Floating Rate Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Global Floating Rate Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>



<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock Global Floating Rate Income Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Preferred Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Richard E. Cavanagh</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Frank J. Fabozzi</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Kathleen F. Feldstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">04 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 0 3 2</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JRRA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Global Floating Rate Income Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">PREFERRED SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the preferred shares of the BlackRock Global Floating Rate Income Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>



<P align="left" style="page-break-before:always"></P>
<PAGE>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><img src="c41536_bdvx1x1.jpg" border=0></td>
    <td> <center>
      <BR>
        <B><FONT size=4 face="sans-serif">YOUR VOTE IS IMPORTANT</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">VOTE BY INTERNET / TELEPHONE</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">24 HOURS A DAY, 7 DAYS A WEEK</FONT></B><BR>
    </center></td>
  </tr>
</table>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">INTERNET</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">TELEPHONE</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">MAIL</FONT></U></B>&nbsp;
        </TD>
</TR>
<TR>
        <TD colspan=9>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=2 face="sans-serif">https://www.proxyvotenow.com/bgr</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><FONT size=2 face="sans-serif">1-866-265-2401</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&#149; Go to the website
          address listed</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>
<FONT size=2 face="sans-serif">&#149; Use any touch-tone telephone.</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD><FONT size=2 face="sans-serif">&#149;</FONT>
        </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Mark, sign and date your proxy card.</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>

          <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;above.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left> <FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
              your proxy card ready.</FONT></B>&nbsp; </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Detach your proxy card.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=left>
    <div align="left"><FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
          your proxy card ready.</FONT></B>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&#149; Follow
    the simple recorded</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Return your proxy card
          in the</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&#149; Follow the simple
        instructions that</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;instructions.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">postage-paid envelope
          provided.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;appear on your computer
        screen.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">(must be received by the
          Trust on or</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;before May 22, 2006)</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="73%">&nbsp;</td>
    <td width="27%"><hr noshade>    </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><hr noshade>    </td>
  </tr>
</table>
<p align="center"><BR>
  <B><FONT size=1 face="sans-serif">Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 22, 2006.</FONT></B><BR>
  <FONT size=1 face="sans-serif">\/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>DETACH
PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\/</FONT></p>
<hr size="1" noshade>

<p align="center"><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="10%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="5%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Please Sign, Date and Return</FONT></B>&nbsp;
      </div></TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="11%" align=center>&nbsp;
        </TD>
        <TD width="12%">&nbsp;
        </TD>
        <TD width="31%" align=left>&nbsp;

        </TD>
        <TD width="3%" align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=left>
<B><FONT size=1 face="sans-serif">the Proxy Card Promptly</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left><B><FONT size=4 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x</FONT></B>

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Using the Enclosed Envelope.</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Votes must be indicated</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD width="13%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="6%" align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">(x) in Black or Blue ink.</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>&nbsp;

        </TD>
        <TD>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=3 align=right>
      <div align="left"><FONT size=1 face="sans-serif">1. Election of Trustees:</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">FOR</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">WITHHOLD</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">EXCEPTION</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center><hr noshade>    </TD>
        <TD align=left><hr noshade>

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">THE</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;] </FONT>&nbsp;
    </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">FROM THE</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">BLACKROCK</FONT></B>&nbsp;      </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">GLOBAL ENERGY AND RESOURCES TRUST</FONT></B>&nbsp;      </TD>
  </TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
      <hr noshade>
        </TD>
        <TD>
      <hr noshade>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B>&nbsp;
        </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Nominee:</FONT>&nbsp;
      </div></TD>
        <TD colspan=4 align=center><div align="left"><FONT size=1 face="sans-serif"> 01
    - Frank J. Fabozzi </FONT></div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="right"><FONT size=1 face="sans-serif">To change your address, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right>
      <div align="right"><FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </div></TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(INSTRUCTIONS: To withhold authority to vote for any individual nominee,</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=left>
<B><FONT size=1 face="sans-serif">strike a line through that nominee&#146;s name and check the &#147;Exceptions&#148; box above.)</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="right"><FONT size=1 face="sans-serif">To include any comments, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT> </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right><hr size="1" noshade>    </TD>
  <TD align=right><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right> <div align="left"><B><FONT size=2 face="sans-serif">S C A N &nbsp;&nbsp;L I N E</FONT></B></div></TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right><hr size="1" noshade>    </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right> <div align="justify"><FONT size=1 face="sans-serif">(Please sign exactly as name or names appear hereon. Full title of one signing in representative capacity
should be clearly designated after signature. Names of all joint holders should be written even if signed by only
one.)</FONT></div></TD>
</TR>
</TABLE>
<BR>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=49% align=center>&nbsp;</TD>
  <TD colspan="3" align=center><hr size="1" noshade>    </TD>
  <TD width=3%>&nbsp;</TD>
  <TD width=25% align=center><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
        <TD width=3% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Date</FONT>&nbsp;
      </div></TD>
        <TD width=2%>&nbsp;
        </TD>
        <TD width=18% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Share Owner sign here</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Co-Owner sign here</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<hr size="1" noshade>
<P align="center"><B><FONT size=2 face="sans-serif">PROXY</FONT></B></P>
<P align="center">
<B><FONT face="sans-serif">BLACKROCK GLOBAL ENERGY AND RESOURCES TRUST</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="sans-serif">The undersigned
hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them,
as proxies, each with the power to appoint his or her substitute, and hereby
authorizes them to represent and to vote, as designated on the reverse side hereof,
all of the common shares of the BlackRock Global Energy and Resources Trust (the
&#147;Trust&#148;) held of record by the
undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the
Trust to be held on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED
SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION,
THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE
MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Continued on the reverse side. Must be signed and dated on the reverse side.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="25%"><center>
      <FONT size=1 face="sans-serif">HAS YOUR ADDRESS CHANGED?</FONT>
    </center></td>
    <td width="20%">&nbsp;</td>
    <td width="55%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td rowspan="4" valign="top"><FONT size=1 face="sans-serif">BLACKROCK GLOBAL ENERGY AND RESOURCES TRUST
        <br>
      P.O. BOX 11070
      <br>
    NEW YORK, N.Y. 10203-0070</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td> <center>
      <FONT size=1 face="sans-serif">DO YOU HAVE ANY COMMENTS?</FONT>
    </center></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<P><BR>
</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><img src="c41536_bdvx1x1.jpg" border=0></td>
    <td> <center>
      <BR>
        <B><FONT size=4 face="sans-serif">YOUR VOTE IS IMPORTANT</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">VOTE BY INTERNET / TELEPHONE</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">24 HOURS A DAY, 7 DAYS A WEEK</FONT></B><BR>
    </center></td>
  </tr>
</table>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">INTERNET</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">TELEPHONE</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">MAIL</FONT></U></B>&nbsp;
        </TD>
</TR>
<TR>
        <TD colspan=9>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=2 face="sans-serif">https://www.proxyvotenow.com/bme</FONT></B>&nbsp;
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><FONT size=2 face="sans-serif">1-866-809-5294</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&#149; Go to the website
          address listed</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>
<FONT size=2 face="sans-serif">&#149; Use any touch-tone telephone.</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD><FONT size=2 face="sans-serif">&#149;</FONT>
        </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Mark, sign and date your proxy card.</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>

          <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;above.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left> <FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
              your proxy card ready.</FONT></B>&nbsp; </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Detach your proxy card.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=left>
    <div align="left"><FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
          your proxy card ready.</FONT></B>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&#149; Follow
    the simple recorded</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Return your proxy card
          in the</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&#149; Follow the simple
        instructions that</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;instructions.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">postage-paid envelope
          provided.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;appear on your computer
        screen.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">(must be received by the
          Trust on or</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">before May 22, 2006)</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="73%">&nbsp;</td>
    <td width="27%"><hr noshade>    </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><hr noshade>    </td>
  </tr>
</table>
<p align="center"><BR>
  <B><FONT size=1 face="sans-serif">Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 22, 2006.</FONT></B><BR>
  <FONT size=1 face="sans-serif">\/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>DETACH
PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\/</FONT></p>
<hr size="1" noshade>

<p align="center"><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="10%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="5%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Please Sign, Date and Return</FONT></B>&nbsp;
      </div></TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="11%" align=center>&nbsp;
        </TD>
        <TD width="12%">&nbsp;
        </TD>
        <TD width="31%" align=left>&nbsp;

        </TD>
        <TD width="3%" align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=left>
<B><FONT size=1 face="sans-serif">the Proxy Card Promptly</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left><B><FONT size=4 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x</FONT></B>

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Using the Enclosed Envelope.</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Votes must be indicated</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD width="13%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="6%" align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">(x) in Black or Blue ink.</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>&nbsp;

        </TD>
        <TD>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=3 align=right>
      <div align="left"><FONT size=1 face="sans-serif">1. Election of Trustees:</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>&nbsp;

        </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan=2><hr noshade></TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">FOR</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">WITHHOLD</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">EXCEPTION</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>&nbsp;     </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">THE</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;] </FONT>&nbsp;
    </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">FROM THE</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">BLACKROCK HEALTH
    SCIENCES TRUST</FONT></B>&nbsp; </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>&nbsp;</TD>
  </TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
      <hr noshade>
        </TD>
        <TD>
      <hr noshade>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B>&nbsp;
        </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Nominee:</FONT>&nbsp;
      </div></TD>
        <TD colspan=4 align=center><div align="left"><FONT size=1 face="sans-serif"> 01
    - Frank J. Fabozzi </FONT></div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="right"><FONT size=1 face="sans-serif">To change your address, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right>
      <div align="right"><FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </div></TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(INSTRUCTIONS: To withhold authority to vote for any individual nominee,</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=left>
<B><FONT size=1 face="sans-serif">strike a line through that nominee&#146;s name and check the &#147;Exceptions&#148; box above.)</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="right"><FONT size=1 face="sans-serif">To include any comments, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT> </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right><hr size="1" noshade>    </TD>
  <TD align=right><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right> <div align="left"><B><FONT size=2 face="sans-serif">S C A N &nbsp;&nbsp;L I N E</FONT></B></div></TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right><hr size="1" noshade>    </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right> <div align="justify"><FONT size=1 face="sans-serif">Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should
sign. When signing as attorney, executor, administrator, trustee, or guardian, please give full title as such. If
a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please
sign in partnership name by authorized person.</FONT></div></TD>
</TR>
</TABLE>
<BR>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=49% align=center>&nbsp;</TD>
  <TD colspan="3" align=center><hr size="1" noshade>    </TD>
  <TD width=3%>&nbsp;</TD>
  <TD width=25% align=center><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
        <TD width=3% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Date</FONT>&nbsp;
      </div></TD>
        <TD width=2%>&nbsp;
        </TD>
        <TD width=18% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Share Owner sign here</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Co-Owner sign here</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<hr size="1" noshade>
<P align="center"><B><FONT size=2 face="sans-serif">PROXY</FONT></B></P>
<P align="center">
<B><FONT face="sans-serif">BLACKROCK HEALTH SCIENCES TRUST</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="sans-serif">The undersigned
hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them,
as proxies, each with the power to appoint his or her substitute, and hereby
authorizes them to represent and to vote, as designated on the reverse side hereof,
all of the common shares of the BlackRock Health Sciences Trust (the &#147;Trust&#148;)
held of record by the undersigned on February 28, 2006 at the Annual Meeting
of Shareholders of the Trust to be held on May 23, 2006 or at any adjournments
or postponements thereof.</FONT></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN
PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED
SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL.
IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS
AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS
THEREOF.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Continued on the reverse side. Must be signed and dated on the reverse side.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="25%"><center>
      <FONT size=1 face="sans-serif">HAS YOUR ADDRESS CHANGED?</FONT>
    </center></td>
    <td width="20%">&nbsp;</td>
    <td width="55%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td rowspan="4" valign="top"><FONT size=1 face="sans-serif">BLACKROCK HEALTH SCIENCES TRUST
        <br>
      P.O. BOX 11337
      <br>
    NEW YORK, N.Y. 10203-0337</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td> <center>
      <FONT size=1 face="sans-serif">DO YOU HAVE ANY COMMENTS?</FONT>
    </center></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<P><BR>
</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P>
<B><FONT face="sans-serif">BlackRock High Income Shares</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Frank J. Fabozzi</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <center>
      </center></TD>
    <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 0 7 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JQXA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock High Income Shares</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock High Income Shares (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<HR noshade  width="100%" size=4>



<P align="left" style="page-break-before:always"></P>
<PAGE>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><img src="c41536_bdvx1x1.jpg" border=0></td>
    <td> <center>
      <BR>
        <B><FONT size=4 face="sans-serif">YOUR VOTE IS IMPORTANT</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">VOTE BY INTERNET / TELEPHONE</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">24 HOURS A DAY, 7 DAYS A WEEK</FONT></B><BR>
    </center></td>
  </tr>
</table>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">INTERNET</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">TELEPHONE</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">MAIL</FONT></U></B>&nbsp;
        </TD>
</TR>
<TR>
        <TD colspan=9>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=2 face="sans-serif">https://www.proxyvotenow.com/boe</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><FONT size=2 face="sans-serif">1-866-809-5291</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&#149; Go to the website
          address listed</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>
<FONT size=2 face="sans-serif">&#149; Use any touch-tone telephone.</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD><FONT size=2 face="sans-serif">&#149;</FONT>
        </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Mark, sign and date your proxy card.</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>

          <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;above.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left> <FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
              your proxy card ready.</FONT></B>&nbsp; </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Detach your proxy card.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=left>
    <div align="left"><FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
          your proxy card ready.</FONT></B>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&#149; Follow
    the simple recorded</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Return your proxy card
          in the</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&#149; Follow the simple
        instructions that</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;instructions.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">postage-paid envelope
          provided.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;appear on your computer
        screen.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">(must be received by the
          Trust on or</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">before May 22, 2006)</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="73%">&nbsp;</td>
    <td width="27%"><hr noshade>    </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><hr noshade>    </td>
  </tr>
</table>
<p align="center"><BR>
  <B><FONT size=1 face="sans-serif">Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 22, 2006.</FONT></B><BR>
  <FONT size=1 face="sans-serif">\/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>DETACH
PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\/</FONT></p>
<hr size="1" noshade>

<p align="center"><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="10%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="5%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Please Sign, Date and Return</FONT></B>&nbsp;
      </div></TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="11%" align=center>&nbsp;
        </TD>
        <TD width="12%">&nbsp;
        </TD>
        <TD width="31%" align=left>&nbsp;

        </TD>
        <TD width="3%" align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=left>
<B><FONT size=1 face="sans-serif">the Proxy Card Promptly</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left><B><FONT size=4 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x</FONT></B>

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Using the Enclosed Envelope.</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Votes must be indicated</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD width="13%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="6%" align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">(x) in Black or Blue ink.</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>&nbsp;

        </TD>
        <TD>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=3 align=right>
      <div align="left"><FONT size=1 face="sans-serif">1. Election of Trustees:</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">FOR</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">WITHHOLD</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">EXCEPTION</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center><hr noshade>    </TD>
        <TD align=left><hr noshade>

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">THE</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;] </FONT>&nbsp;
    </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">FROM THE</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">BLACKROCK GLOBAL</FONT></B>&nbsp;       </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">OPPORTUNITIES EQUITY TRUST</FONT></B>&nbsp;     </TD>
  </TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
      <hr noshade>
        </TD>
        <TD>
      <hr noshade>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B>&nbsp;
        </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Nominee:</FONT>&nbsp;
      </div></TD>
        <TD colspan=4 align=center><div align="left"><FONT size=1 face="sans-serif"> 01
    - Frank J. Fabozzi </FONT></div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="right"><FONT size=1 face="sans-serif">To change your address, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right>
      <div align="right"><FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </div></TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(INSTRUCTIONS: To withhold authority to vote for any individual nominee,</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=left>
<B><FONT size=1 face="sans-serif">strike a line through that nominee&#146;s name and check the &#147;Exceptions&#148; box above.)</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="right"><FONT size=1 face="sans-serif">To include any comments, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT> </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right><hr size="1" noshade>    </TD>
  <TD align=right><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right> <div align="left"><B><FONT size=2 face="sans-serif">S C A N &nbsp;&nbsp;L I N E</FONT></B></div></TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right><hr size="1" noshade>    </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right> <div align="justify"><FONT size=1 face="sans-serif">Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should
sign. When signing as attorney, executor, administrator, trustee, or guardian, please give full title as such. If
a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please
sign in partnership name by authorized person.</FONT></div></TD>
</TR>
</TABLE>
<BR>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=49% align=center>&nbsp;</TD>
  <TD colspan="3" align=center><hr size="1" noshade>    </TD>
  <TD width=3%>&nbsp;</TD>
  <TD width=25% align=center><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
        <TD width=3% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Date</FONT>&nbsp;
      </div></TD>
        <TD width=2%>&nbsp;
        </TD>
        <TD width=18% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Share Owner sign here</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Co-Owner sign here</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<hr size="1" noshade>
<P align="center"><B><FONT size=2 face="sans-serif">PROXY</FONT></B></P>
<P align="center">
<B><FONT face="sans-serif">BLACKROCK GLOBAL<br>
OPPORTUNITIES EQUITY TRUST </FONT></B><B></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="sans-serif">The undersigned
hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them,
as proxies, each with the power to appoint his or her substitute, and hereby
authorizes them to represent and to vote, as designated on the reverse side hereof,
all of the common shares of the BlackRock Global Opportunities Equity Trust (the
&#147;Trust&#148;) held of record by the
undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the
Trust to be held on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN
PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED
SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL.
IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS
AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS
THEREOF.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Continued on the reverse side. Must be signed and dated on the reverse side.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="25%"><center>
      <FONT size=1 face="sans-serif">HAS YOUR ADDRESS CHANGED?</FONT>
    </center></td>
    <td width="20%">&nbsp;</td>
    <td width="55%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td rowspan="4" valign="top"><FONT size=1 face="sans-serif">BLACKROCK GLOBAL OPPORTUNITIES EQUITY TRUST
        <br>
      P.O. BOX 11330<br>
NEW YORK, N.Y. 10203-0330</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td> <center>
      <FONT size=1 face="sans-serif">DO YOU HAVE ANY COMMENTS?</FONT>
    </center></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<P><BR>
</P>
<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><img src="c41536_bdvx1x1.jpg" border=0></td>
    <td> <center>
      <BR>
        <B><FONT size=4 face="sans-serif">YOUR VOTE IS IMPORTANT</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">VOTE BY INTERNET / TELEPHONE</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">24 HOURS A DAY, 7 DAYS A WEEK</FONT></B><BR>
    </center></td>
  </tr>
</table>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">INTERNET</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">TELEPHONE</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">MAIL</FONT></U></B>&nbsp;
        </TD>
</TR>
<TR>
        <TD colspan=9>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=2 face="sans-serif">https://www.proxyvotenow.com/bdj</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><FONT size=2 face="sans-serif">1-866-809-5292</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&#149; Go to the website
          address listed</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>
<FONT size=2 face="sans-serif">&#149; Use any touch-tone telephone.</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD><FONT size=2 face="sans-serif">&#149;</FONT>
        </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Mark, sign and date your proxy card.</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>

          <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;above.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left> <FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
              your proxy card ready.</FONT></B>&nbsp; </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Detach your proxy card.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=left>
    <div align="left"><FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
          your proxy card ready.</FONT></B>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&#149; Follow
    the simple recorded</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Return your proxy card
          in the</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&#149; Follow the simple
        instructions that</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;instructions.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">postage-paid envelope
          provided.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;appear on your computer
        screen.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">(must be received by the
          Trust on or</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">before May 22, 2006)</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="73%">&nbsp;</td>
    <td width="27%"><hr noshade>    </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><hr noshade>    </td>
  </tr>
</table>
<p align="center"><BR>
  <B><FONT size=1 face="sans-serif">Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 22, 2006.</FONT></B><BR>
  <FONT size=1 face="sans-serif">\/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>DETACH
PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\/</FONT></p>
<hr size="1" noshade>

<p align="center"><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="10%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="5%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Please Sign, Date and Return</FONT></B>&nbsp;
      </div></TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="11%" align=center>&nbsp;
        </TD>
        <TD width="12%">&nbsp;
        </TD>
        <TD width="31%" align=left>&nbsp;

        </TD>
        <TD width="3%" align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=left>
<B><FONT size=1 face="sans-serif">the Proxy Card Promptly</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left><B><FONT size=4 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x</FONT></B>

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Using the Enclosed Envelope.</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Votes must be indicated</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD width="13%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="6%" align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">(x) in Black or Blue ink.</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>&nbsp;

        </TD>
        <TD>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=3 align=right>
      <div align="left"><FONT size=1 face="sans-serif">1. Election of Trustees:</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">FOR</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">WITHHOLD</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">EXCEPTION</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center><hr noshade>    </TD>
        <TD align=left><hr noshade>

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">THE</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;] </FONT>&nbsp;
    </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">FROM THE</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">BLACKROCK ENHANCED</FONT></B>&nbsp;     </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">DIVIDEND ACHIEVERS<sup>TM</sup> TRUST</FONT></B>&nbsp;  </TD>
  </TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
      <hr noshade>
        </TD>
        <TD>
      <hr noshade>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B>&nbsp;
        </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Nominee:</FONT>&nbsp;
      </div></TD>
        <TD colspan=4 align=center><div align="left"><FONT size=1 face="sans-serif"> 01
    - Frank J. Fabozzi </FONT></div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="right"><FONT size=1 face="sans-serif">To change your address, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right>
      <div align="right"><FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </div></TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(INSTRUCTIONS: To withhold authority to vote for any individual nominee,</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=left>
<B><FONT size=1 face="sans-serif">strike a line through that nominee&#146;s name and check the &#147;Exceptions&#148; box above.)</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="right"><FONT size=1 face="sans-serif">To include any comments, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT> </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right><hr size="1" noshade>    </TD>
  <TD align=right><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right> <div align="left"><B><FONT size=2 face="sans-serif">S C A N &nbsp;&nbsp;L I N E</FONT></B></div></TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right><hr size="1" noshade>    </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right> <div align="justify"><FONT size=1 face="sans-serif">Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should
sign. When signing as attorney, executor, administrator, trustee, or guardian, please give full title as such. If
a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please
sign in partnership name by authorized person.</FONT></div></TD>
</TR>
</TABLE>
<BR>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=49% align=center>&nbsp;</TD>
  <TD colspan="3" align=center><hr size="1" noshade>    </TD>
  <TD width=3%>&nbsp;</TD>
  <TD width=25% align=center><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
        <TD width=3% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Date</FONT>&nbsp;
      </div></TD>
        <TD width=2%>&nbsp;
        </TD>
        <TD width=18% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Share Owner sign here</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Co-Owner sign here</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<hr size="1" noshade>
<P align="center"><B><FONT size=2 face="sans-serif">PROXY</FONT></B></P>
<P align="center">
<B><FONT face="sans-serif">BLACKROCK ENHANCED<br>
DIVIDEND ACHIEVERS<sup>TM</sup> TRUST </FONT></B><B></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="sans-serif">The undersigned
hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them,
as proxies, each with the power to appoint his or her substitute, and hereby
authorizes them to represent and to vote, as designated on the reverse side hereof,
all of the common shares of the BlackRock Enhanced Dividend Achievers<sup>TM</sup> Trust
(the &#147;Trust&#148;) held of record by the
undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the
Trust to be held on May 23, 2006 or at any adjournments or postponements thereof.</FONT></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN
PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED
SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL.
IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS
AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS
THEREOF.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Continued on the reverse side. Must be signed and dated on the reverse side.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="25%"><center>
      <FONT size=1 face="sans-serif">HAS YOUR ADDRESS CHANGED?</FONT>
    </center></td>
    <td width="20%">&nbsp;</td>
    <td width="55%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td rowspan="4" valign="top"><FONT size=1 face="sans-serif">BLACKROCK ENHANCED DIVIDEND ACHIEVERS<sup>TM</sup> TRUST
        <br>
      P.O. BOX 11327
      <br>
    NEW YORK, N.Y. 10203-0327</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td> <center>
      <FONT size=1 face="sans-serif">DO YOU HAVE ANY COMMENTS?</FONT>
    </center></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<P><BR>
</P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><img src="c41536_bdvx1x1.jpg" border=0></td>
    <td> <center>
      <BR>
        <B><FONT size=4 face="sans-serif">YOUR VOTE IS IMPORTANT</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">VOTE BY INTERNET / TELEPHONE</FONT></B><BR>
        <B><FONT size=4 face="sans-serif">24 HOURS A DAY, 7 DAYS A WEEK</FONT></B><BR>
    </center></td>
  </tr>
</table>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">INTERNET</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">TELEPHONE</FONT></U></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><U><FONT size=2 face="sans-serif">MAIL</FONT></U></B>&nbsp;
        </TD>
</TR>
<TR>
        <TD colspan=9>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=2 face="sans-serif">https://www.proxyvotenow.com/bwc</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><FONT size=2 face="sans-serif">1-866-809-5296</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">&#149; Go to the website
          address listed</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>
<FONT size=2 face="sans-serif">&#149; Use any touch-tone telephone.</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD><FONT size=2 face="sans-serif">&#149;</FONT>
        </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Mark, sign and date your proxy card.</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>

          <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;above.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left> <FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
              your proxy card ready.</FONT></B>&nbsp; </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
<B><I><FONT size=4 face="sans-serif">OR</FONT></I></B>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Detach your proxy card.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=left>
    <div align="left"><FONT size=2 face="sans-serif">&#149; </FONT><B><FONT size=2 face="sans-serif">Have
          your proxy card ready.</FONT></B>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&#149; Follow
    the simple recorded</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD align=right>
      <div align="left"><FONT size=2 face="sans-serif">&#149;</FONT>&nbsp; </div></TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">Return your proxy card
          in the</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&#149; Follow the simple
        instructions that</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center> <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;instructions.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;</TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">postage-paid envelope
          provided.</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center>
    <div align="left"><FONT size=2 face="sans-serif">&nbsp;&nbsp;appear on your computer
        screen.</FONT>&nbsp; </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">(must be received by the
          Trust on or</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=center>&nbsp;</TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp; </TD>
        <TD align=center>
      <div align="left"><FONT size=2 face="sans-serif">before May 22, 2006)</FONT>&nbsp; </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="73%">&nbsp;</td>
    <td width="27%"><hr noshade>    </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td bgcolor="#DDDDDD">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><hr noshade>    </td>
  </tr>
</table>
<p align="center"><BR>
  <B><FONT size=1 face="sans-serif">Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 22, 2006.</FONT></B><BR>
  <FONT size=1 face="sans-serif">\/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>DETACH
PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\/</FONT></p>
<hr size="1" noshade>

<p align="center"><BR>
</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="10%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="5%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Please Sign, Date and Return</FONT></B>&nbsp;
      </div></TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="11%" align=center>&nbsp;
        </TD>
        <TD width="12%">&nbsp;
        </TD>
        <TD width="31%" align=left>&nbsp;

        </TD>
        <TD width="3%" align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=left>
<B><FONT size=1 face="sans-serif">the Proxy Card Promptly</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left><B><FONT size=4 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x</FONT></B>

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan=3 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Using the Enclosed Envelope.</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">Votes must be indicated</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD width="13%" align=left>&nbsp;

        </TD>
        <TD width="2%">&nbsp;
        </TD>
        <TD width="6%" align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">(x) in Black or Blue ink.</FONT></B>&nbsp;
      </div>    </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>&nbsp;

        </TD>
        <TD>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=12>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=3 align=right>
      <div align="left"><FONT size=1 face="sans-serif">1. Election of Trustees:</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD>&nbsp;

        </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><hr noshade></TD>
    <TD><hr noshade></TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">FOR</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">WITHHOLD</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="left"><FONT size=1 face="sans-serif">EXCEPTION</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>&nbsp;    </TD>
        <TD align=left>&nbsp;
        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">THE</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;] </FONT>&nbsp;
    </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">FROM THE</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>&nbsp;
        </TD>
        <TD> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
        </TD>
        <TD colspan="2" align=center> <B><FONT size=2 face="sans-serif">BLACKROCK WORLD INVESTMENT TRUST</FONT></B>&nbsp;       </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
<FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <center>
        <FONT size=1 face="sans-serif">NOMINEES</FONT>&nbsp;
      </center></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>&nbsp;</TD>
  </TR>
<TR>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
        </TD>
        <TD>
      <hr noshade>
        </TD>
        <TD>
      <hr noshade>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD colspan="2" align=center>
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B>&nbsp;
        </TD>
  </TR>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Nominee:</FONT>&nbsp;
      </div></TD>
        <TD colspan=4 align=center><div align="left"><FONT size=1 face="sans-serif"> 01
    - Frank J. Fabozzi </FONT></div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD colspan="4">
<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein </FONT>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="right"><FONT size=1 face="sans-serif">To change your address, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right>
      <div align="right"><FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT>
      </div></TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=right>
      <div align="left"><B><FONT size=1 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(INSTRUCTIONS: To withhold authority to vote for any individual nominee,</FONT></B>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD colspan=9 align=left>
<B><FONT size=1 face="sans-serif">strike a line through that nominee&#146;s name and check the &#147;Exceptions&#148; box above.)</FONT></B>&nbsp;
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>

          <div align="right"></div></TD>
        <TD align=left>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right>
      <div align="right"><FONT size=1 face="sans-serif">To include any comments, please mark this box.</FONT>&nbsp;
      </div></TD>
        <TD align=right> <FONT size=2 face="sans-serif">[ &nbsp;&nbsp;]</FONT> </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right><hr size="1" noshade>    </TD>
  <TD align=right><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right> <div align="left"><B><FONT size=2 face="sans-serif">S C A N &nbsp;&nbsp;L I N E</FONT></B></div></TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right><hr size="1" noshade>    </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" align=right> <div align="justify"><FONT size=1 face="sans-serif">Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should
sign. When signing as attorney, executor, administrator, trustee, or guardian, please give full title as such. If
a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please
sign in partnership name by authorized person.</FONT></div></TD>
</TR>
</TABLE>
<BR>
<P>&nbsp;</P>
<P>&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=49% align=center>&nbsp;</TD>
  <TD colspan="3" align=center><hr size="1" noshade>    </TD>
  <TD width=3%>&nbsp;</TD>
  <TD width=25% align=center><hr size="1" noshade>    </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
        <TD width=3% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Date</FONT>&nbsp;
      </div></TD>
        <TD width=2%>&nbsp;
        </TD>
        <TD width=18% align=center>
      <div align="left"><FONT size=1 face="sans-serif">Share Owner sign here</FONT>&nbsp;
      </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=center>
      <div align="left"><FONT size=1 face="sans-serif">Co-Owner sign here</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>


<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<hr size="1" noshade>
<P align="center"><B><FONT size=2 face="sans-serif">PROXY</FONT></B></P>
<P align="center">
<B><FONT face="sans-serif">BLACKROCK WORLD INVESTMENT TRUST</FONT></B><B></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">COMMON SHARES</FONT></B></P>
<P align="center">
<B><FONT size=2 face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="sans-serif">The undersigned
hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them,
as proxies, each with the power to appoint his or her substitute, and hereby
authorizes them to represent and to vote, as designated on the reverse side hereof,
all of the common shares of the BlackRock World Investment Trust (the &#147;Trust&#148;)
held of record by the undersigned on February 28, 2006 at the Annual Meeting
of Shareholders of the Trust to be held on May 23, 2006 or at any adjournments
or postponements thereof.</FONT></P>
<P align="justify">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN
PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED
SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL.
IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS
AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS
THEREOF.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Continued on the reverse side. Must be signed and dated on the reverse side.</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="25%"><center>
      <FONT size=1 face="sans-serif">HAS YOUR ADDRESS CHANGED?</FONT>
    </center></td>
    <td width="20%">&nbsp;</td>
    <td width="55%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td rowspan="4" valign="top"><FONT size=1 face="sans-serif">BLACKROCK WORLD INVESTMENT TRUST
        <br>
      P.O. BOX 11319
      <br>
    NEW YORK, N.Y. 10203-0319</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td> <center>
      <FONT size=1 face="sans-serif">DO YOU HAVE ANY COMMENTS?</FONT>
    </center></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><hr size="1" noshade>    </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<P><BR>
</P>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>
<P>
<B><FONT face="sans-serif">BlackRock Long-Term<br>
Municipal Advantage Trust</FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width="21%" align=left>&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%" align=left>&nbsp;</TD>
  <TD width="4%">&nbsp;</TD>
  <TD width="4%" align=right>&nbsp;</TD>
  <TD width="37%" align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD rowspan="2" align=right valign="middle"><div align="left"><b>[&nbsp;&nbsp;]</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div></TD>
  <TD align=left> <FONT size=1 face="sans-serif">Mark this box with
    an X if you have made</FONT>&nbsp; </TD>
  </TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left> <FONT size=1 face="sans-serif">changes to your
    name or address details above.</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<BR>
<BR>
<hr noshade size=3>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
      <div align="left"><B><FONT size=4 face="sans-serif">Annual Meeting Proxy Card - Common Shares</FONT></B>&nbsp;
      </div></TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
        <TD align=center>&nbsp;</TD>
</TR>
<TR>
        <TD>
      <hr noshade size=3>       </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
        <TD>
      <hr noshade size=3>
        </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center nowrap>
      <div align="left"><FONT face="sans-serif">A</FONT>&nbsp;
        <B><FONT face="sans-serif">Election of Trustees</FONT></B>&nbsp;
          </div>        </TD>
        <TD align=center nowrap><B><FONT size=2 face="sans-serif">PLEASE REFER TO THE
    REVERSE SIDE FOR TELEPHONE AND INTERNET VOTING INSTRUCTIONS.</FONT></B>&nbsp; </TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD colspan="4" align=center>
      <div align="left"><FONT size=1 face="sans-serif">1. The Board of Trustees recommends a vote </FONT><B><FONT size=1 face="sans-serif">FOR </FONT></B><FONT size=1 face="sans-serif">the listed nominees.</FONT>&nbsp;
      </div>    </TD>
        <TD width=30% align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=41% align=center>
<B><FONT size=1 face="sans-serif"> </FONT></B></TD>
    <TD width=7% align=center><B><FONT size=1 face="sans-serif">For</FONT></B></TD>
    <TD width=10% align=center><B><FONT size=1 face="sans-serif">Withhold</FONT></B></TD>
    <TD width=7% align=center>&nbsp;</TD>
    <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">01 - Frank J. Fabozzi</FONT>&nbsp;
        </TD>
        <TD><center>
          <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
          <b>[&nbsp;&nbsp;]</b>
        </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">02 - Kathleen F. Feldstein</FONT>&nbsp;
        </TD>
        <TD><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left><center>
        <b>[&nbsp;&nbsp;]</b>
    </center></TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left> &nbsp; &nbsp;<FONT size=1 face="sans-serif">03 - Ralph L. Schlosstein</FONT>&nbsp; </TD>
  <TD><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left><center>
      <b>[&nbsp;&nbsp;]</b>
  </center></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left>&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align=left>&nbsp;</TD>
        <TD align=left> <center></center></TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR>
        <TD colspan=5>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left>
 &nbsp; &nbsp;<FONT size=1 face="sans-serif">Mark this box with an X if you have made comments below</FONT>&nbsp;
        </TD>
        <TD> <center>
    <b>[&nbsp;&nbsp;]</b>         </center></TD>
        <TD align=left>&nbsp;

        </TD>
        <TD align=left>&nbsp;

        </TD>
    <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left><hr size="1" noshade>    </TD>
  <TD><hr size="1" noshade></TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P>
<FONT face="sans-serif">B </FONT><B><FONT face="sans-serif">Authorized Signatures - Sign Here - This section must be completed for your instructions to be executed.</FONT></B></P>
<P>
<FONT size=1 face="sans-serif">Please be sure to sign and date this proxy. Please sign exactly as your name appears on this proxy. When shares are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee,
or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=28% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 1 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=10% nowrap>&nbsp;
        </TD>
        <TD width=26% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Signature 2 - Please keep signature within the box</FONT>&nbsp;
      </div></TD>
        <TD width=12% nowrap>&nbsp;
        </TD>
        <TD width=24% align=center nowrap>
      <div align="left"><FONT size=1 face="sans-serif">Date (mm/dd/yyyy)</FONT>&nbsp;
      </div></TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade>     </TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade>     </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
  <TD>&nbsp;</TD>
  <TD align=center><hr noshade></TD>
</TR>
</TABLE>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=29% align=center>
<FONT face="sans-serif">0 0 8 7 0 6 1</FONT>&nbsp;
        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=36% align=center>
      <div align="left"><FONT face="sans-serif">1 U P X</FONT>&nbsp;
      </div></TD>
        <TD width=4%>&nbsp;
        </TD>
        <TD width=22% align=center>
      <div align="left"><FONT face="sans-serif">C O Y</FONT>&nbsp;
      </div></TD>
</TR>
</TABLE><BR>
<TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=24% align=center>
      <div align="left"><FONT size=1 face="sans-serif">001CD40001</FONT>&nbsp;
      </div></TD>
        <TD width=76%>
      <div align="left"><FONT size=1 face="sans-serif">00JQVA</FONT>&nbsp;
      </div></TD>
  </TR>
</TABLE>
<BR>

<HR noshade  width="100%" size=4>

<P align="left" style="page-break-before:always"></P>
<PAGE>
<hr noshade>
<B><FONT size=4 face="sans-serif">Proxy - BlackRock Long-Term Municipal Advantage Trust</FONT></B>
<hr noshade>

<P>
<B><FONT face="sans-serif">COMMON SHARES</FONT></B></P>
<P>
<B><FONT face="sans-serif">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES</FONT></B></P>
<P>
<FONT size=2 face="sans-serif">The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong, and each of them, as proxies, each with the power to appoint his or her substitute, and hereby authorizes them to represent and to vote, as
designated on the reverse side hereof, all of the common shares of the BlackRock Long-Term Municipal Advantage Trust (the "Trust") held of record by the undersigned on February 28, 2006 at the Annual Meeting of Shareholders of the Trust to be held on May 23, 2006 or
at any adjournments or postponements thereof.</FONT></P>
<P>
<B><FONT size=2 face="sans-serif">THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL. IN THEIR DISCRETION, THE PROXIES
ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED TO THE MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF. </FONT></B></P>
<P><B><FONT size=2 face="sans-serif">PLEASE MARK BOXES IN BLUE OR BLACK INK.</FONT></B></P>
<P>
<B><FONT size=2 face="sans-serif">SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.</FONT></B></P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P><B><FONT face="sans-serif">Telephone and Internet Voting Instructions</FONT></B></P>
<B><FONT size=2 face="sans-serif">You can vote by telephone OR Internet! Available
24 hours a day 7 days a week!</FONT></B><BR>
<FONT size=1 face="sans-serif">Instead of mailing your proxy, you may choose
one of the two voting methods outlined below to vote your proxy.</FONT><BR>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td nowrap>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="4%" nowrap><img src="phonex2x1.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="48%"> <B><FONT size=2 face="sans-serif">To vote using the Telephone </FONT></B><B><FONT size=1 face="sans-serif">(within
          U.S. and Canada)</FONT></B></td>
    <td width="3%" nowrap>&nbsp;</td>
    <td width="5%" nowrap><img src="mousex2x2.jpg" border=0>&nbsp;&nbsp;</td>
    <td width="40%"> <B><FONT size=2 face="sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
          vote using the Internet</FONT></B></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><UL>
        <LI> <FONT size=1 face="sans-serif">Call toll free 1-800-652-VOTE (8683)
            in the United States or Canada any time on</FONT> <FONT size=1 face="sans-serif">a
            touch tone telephone. There is </FONT><B><FONT size=1 face="sans-serif">NO
            CHARGE </FONT></B><FONT
size=1 face="sans-serif">to you for the call.</FONT></LI>
        <LI> <FONT size=1 face="sans-serif">Follow the simple instructions provided
            by the recorded message.</FONT></LI>
    </UL></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><UL>
        <LI><FONT size=1 face="sans-serif">Go to the following web site:</FONT><BR>
            <B><FONT size=1 face="sans-serif">WWW.COMPUTERSHARE.COM/EXPRESSVOTE</FONT></B></LI>
        <LI> <FONT size=1 face="sans-serif">Enter the information requested on
            your computer screen and follow the</FONT> <FONT size=1 face="sans-serif">simple
            instructions.</FONT></LI>
    </UL></td>
  </tr>
</table>
<P>&nbsp;</P>
<P><B><FONT size=1 face="sans-serif">If you vote by telephone or the Internet,
      please DO NOT mail back this proxy card.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">Proxies submitted by telephone or the Internet
  must be received by 1:00 a.m., Central Time, on May 23, 2006.</FONT></B><BR>
  <B><FONT size=1 face="sans-serif">THANK YOU FOR VOTING</FONT></B></P>
<HR noshade  width="100%" size=4>


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</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>mousex2x2.jpg
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`
end
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</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
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<DESCRIPTION>GRAPHIC
<TEXT>
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`
end
</TEXT>
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</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
