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THE BLACKROCK CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC. (“RAA”)
 
THE BLACKROCK NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC. (“RNY”) 
 
THE BLACKROCK CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC. (“BFC”)
 
THE BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST INC. (“BKN”) 
 
THE BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC. (“RNJ”) 
 
THE BLACKROCK BROAD INVESTMENT GRADE 2009 TERM TRUST INC. (“BCT”) 
 
THE BLACKROCK INSURED MUNICIPAL 2008 TERM TRUST INC. (“BRM”) 
 
THE BLACKROCK NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC. (“BLN”) 
 
THE BLACKROCK ADVANTAGE TERM TRUST INC. (“BAT”) 
 
BLACKROCK INSURED MUNICIPAL INCOME TRUST (“BYM”) 
 
BLACKROCK MUNICIPAL BOND TRUST (“BBK”) 
 
BLACKROCK CALIFORNIA MUNICIPAL 2018 TERM TRUST (“BJZ”)
 
BLACKROCK CORE BOND TRUST (“BHK”) 
 
BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST (“BFO”) 
 
S&P QUALITY RANKINGS GLOBAL EQUITY MANAGED TRUST (“BQY”)
 
BLACKROCK CALIFORNIA INSURED MUNICIPAL INCOME TRUST (“BCK”) 
 
BLACKROCK FLORIDA MUNICIPAL BOND TRUST (“BIE”) 
 
BLACKROCK NEW YORK MUNICIPAL 2018 TERM TRUST (“BLH”) 
 
BLACKROCK STRATEGIC BOND TRUST (“BHD”)
 
BLACKROCK LIMITED DURATION INCOME TRUST (“BLW”) 
 
BLACKROCK FLORIDA INSURED MUNICIPAL INCOME TRUST (“BAF”) 
 
BLACKROCK NEW JERSEY MUNICIPAL BOND TRUST (“BLJ”) 
 
BLACKROCK MUNICIPAL 2018 TERM TRUST (“BPK”)
 
BLACKROCK GLOBAL FLOATING RATE INCOME TRUST (“BGT”) 
 
THE BLACKROCK INSURED MUNICIPAL TERM TRUST INC. (“BMT”) 
 
BLACKROCK NEW YORK INSURED MUNICIPAL INCOME TRUST (“BSE”)
 
BLACKROCK NEW YORK MUNICIPAL BOND TRUST (“BQH”) 
 
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST (“BFZ”) 
 
THE BLACKROCK MUNICIPAL TARGET TERM TRUST INC. (“BMN”) 
 
BLACKROCK MUNICIPAL INCOME TRUST II (“BLE”) 
 
BLACKROCK MARYLAND MUNICIPAL BOND TRUST (“BZM”) 
 
BLACKROCK MUNICIPAL INCOME TRUST (“BFK”) 
 
THE BLACKROCK INCOME TRUST INC. (“BKT”)
 
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST II (“BFY”) 
 
BLACKROCK VIRGINIA MUNICIPAL BOND TRUST (“BHV”)
 
BLACKROCK FLORIDA MUNICIPAL INCOME TRUST (“BBF”) 
 
THE BLACKROCK FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST (“RFA”)
 
THE BLACKROCK INCOME OPPORTUNITY TRUST INC. (“BNA”) 
 
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST II (“BCL”) 
 
BLACKROCK NEW JERSEY MUNICIPAL INCOME TRUST (“BNJ”) 
 
BLACKROCK PREFERRED OPPORTUNITY TRUST (“BPP”) 
 
BLACKROCK DIVIDEND ACHIEVERS(TM) TRUST (“BDV”) 
 
BLACKROCK CALIFORNIA MUNICIPAL BOND TRUST (“BZA”) 
 
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST (“BNY”) 
 
BLACKROCK MUNICIPAL 2020 TERM TRUST (“BKK”) 
 
BLACKROCK STRATEGIC DIVIDEND ACHIEVERS(TM) TRUST (“BDT”)
 
BLACKROCK GLOBAL ENERGY AND RESOURCES TRUST (“BGR”) 
 
THE BLACKROCK HIGH YIELD TRUST (“BHY”) 
 
THE BLACKROCK FLORIDA INSURED MUNICIPAL 2008 TERM TRUST (“BRF”) 
 
   
   
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BLACKROCK CLOSED-END FUNDS
100 BELLEVUE PARKWAY
WILMINGTON, DELAWARE 19809


NOTICE OF JOINT ANNUAL MEETING OF
STOCKHOLDERS/SHAREHOLDERS
TO BE HELD ON MAY 26, 2005


     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 "Trusts") that:

     The Joint Annual Meeting of Stockholders/Shareholders of the Trusts (the "Annual Meeting") will be held at the New York East Side Marriott, 525 Lexington Avenue, New York, New York, on Thursday, May 26, 2005, 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'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:

1. A.   For each of the following Trusts, to elect five Directors, each to hold office for the term indicated in the attached Proxy Statement until their successors shall have been elected and qualified:
 
      RAA  BFC RNJ  BRM  BAT    
      RNY  BKN BCT  BLN       
 
1. B.   For each of the following Trusts, to elect four Directors, each to hold office for the term indicated in the attached Proxy Statement until their successors shall have been elected and qualified:
 
      BYM  BCK  BLJ  BFZ  BFY  BNJ  BDT 
      BBK  BIE  BPK  BMN  BHV  BPP   
      BJZ  BLH  BGT  BLE  BBF  BDV   
      BHK  BHD  BMT  BZM  RFA  BZA   
      BFO  BLW  BSE  BFK  BNA  BNY   
      BQY  BAF  BQH  BKT  BCL  BKK   
 
 
1. C.   For each of the following Trusts, to elect three Directors, each to hold office for the term indicated in the attached Proxy Statement until their successors shall have been elected and qualified:
 
      BGR  BHY  BRF         


2. A.   For each of the following Trusts, to amend its respective Declaration of Trust in order to change the maximum number of permitted Directors allowed on its respective Board to 11:
     
    BJZ  BQH  BCL  BSE  BDT  BNJ 
    BPK  BZA  BLE  BFO  BQY  BNY 
    BLH  BIE  BFY  BKK  BGT   
    BHK  BZM  BCK  BPP  BFZ   
    BHD  BLJ  BAF  BLW  BBF   
    BBK  BHV  BYM  BDV  BFK   
 
2 B.   For each of the following Trusts, to amend its respective Declaration of Trust in order to reduce the maximum number of permitted Directors allowed on its respective Board from 15 to 11:
 
    BHY  BGR  BRF  RFA     
 
3     To transact such other business as may properly come before the Annual Meeting or any adjournments or postponements thereof. 
           

THE BOARD OF DIRECTORS (THE "BOARD") OF EACH TRUST, INCLUDING THE INDEPENDENT DIRECTORS, UNANIMOUSLY RECOMMENDS THAT YOU VOTE "FOR" EACH OF THE PROPOSALS.

     We encourage you to contact BlackRock toll free at (800) 227-7BFM (7236) from 9:00 a.m. to 6:00 p.m. EST if you have any questions.

     The Board of each Trust has fixed the close of business on February 28, 2005 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.

  By order of the 
  Board of each Trust 
   
  Vincent B. Tritto, Secretary of each Trust 
   
New York, New York  
April 21, 2005  

 


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.

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BLACKROCK CLOSED-END FUNDS
PROXY STATEMENT
FOR
JOINT ANNUAL MEETING OF STOCKHOLDERS/SHAREHOLDERS
TO BE HELD ON MAY 26, 2005

     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 ("Notice of Annual Meeting"). Much of the information in this joint proxy statement ("Proxy Statement") is required under rules of the Securities and Exchange Commission ("SEC"); some of it is technical. If there is anything you don't understand, please contact us at our toll-free number, (800) 227-7BFM (7236).

     This Proxy Statement is furnished in connection with the solicitation by the respective Board of Directors or Trustees, as the case may be (the "Board"), of each of the Trusts of proxies to be voted at the Joint Annual Meeting of Stockholders/Shareholders of the Trusts to be held on Thursday, May 26, 2005, and any adjournment or postponement thereof (the "Annual Meeting"). 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 "Directors" shall include Trustees, the term "shareholders" shall include stockholders and the term "share" shall include stock where the use of the terms "Trustees" or "stockholders" or "stock" would otherwise be appropriate. This Proxy Statement, the Notice of Annual Meeting and the enclosed proxy card are first being sent to the Trusts' shareholders on or about April 21, 2005.

*        WHY IS A SHAREHOLDER MEETING BEING HELD?

     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.

*       WHAT PROPOSALS WILL BE VOTED ON?

     In the first proposal, shareholders of all Trusts are being asked to elect nominees for the Board of each Trust in which they own shares (the "First Proposal").

     In the second proposal (the "Second Proposal"), proposal 2A, shareholders of the following Trusts are being asked to approve an amendment to the Declaration of Trust of each such Trust to change the maximum number of permitted Directors allowed on its respective Board to 11 ("Proposal 2A"):

  BJZ  BQH  BCL  BSE  BDT  BNJ 
  BPK  BZA  BLE  BFO  BQY  BNY 
  BLH  BIE  BFY  BKK  BGT   
  BHK  BZM  BCK  BPP  BFZ   
  BHD  BLJ  BAF  BLW  BBF   
  BBK  BHV  BYM  BDV  BFK   

     In the Second Proposal, proposal 2B, shareholders of the following Trusts are being asked to approve an amendment to the Declaration of Trust of each such Trust to change the maximum number of permitted Directors allowed on its respective Board from 15 to 11 ("Proposal 2B"):

  BHY  BGR  BRF  RFA     



Summary:

PROPOSALS  TRUST 
#1 To elect Directors  All Trusts 
 
#2A To amend the Trusts' Declaration of Trust  BJZ, BPK, BLH, BHK, BHD, BBK, BQH, 
  BZA, BIE, BZM, BLJ, BHV, BCL, BLE, 
  BFY, BCK, BAF, BYM, BSE, BFO, BKK, 
  BPP, BLW, BDV, BDT, BQY, BGT, BFZ, 
  BBF, BFK, BNJ and BNY 
 
#2B To amend the Trusts' Declaration of Trust  BHY, BGR, BRF and RFA 
or Articles of Incorporation, as appropriate   

*   WILL MY VOTE MAKE A DIFFERENCE?

     YES! Your vote is important and will make a difference in the governance of the Trust(s), no matter how many shares you own.

*   WHO IS ASKING FOR YOUR VOTE?

     The enclosed proxy is solicited by the Board of each Trust for use at the Annual Meeting to be held on Thursday, May 26, 2005, 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 21, 2005.

*   HOW DO THE TRUSTS' BOARDS RECOMMEND THAT SHAREHOLDERS VOTE ON THE PROPOSALS?

     Each Board unanimously recommends that you vote "FOR" each respective Proposal on which you are entitled to vote.

*   WHO IS ELIGIBLE TO VOTE?

     Shareholders of record of each Trust at the close of business on February 28, 2005 are entitled to be present and to vote at the Annual Meeting or any adjourned or postponed meeting.

     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't fill in a vote, your shares will be voted in accordance with your Board's recommendation. If any other business is brought before your Trust's Annual Meeting, your shares will be voted at your Board's discretion.

*   HOW MANY SHARES OF EACH TRUST WERE OUTSTANDING AS OF THE RECORD DATE?

     Appendix B sets forth the number of outstanding shares for each Trust at the close of business on February 28, 2005.

*   WHY DOES THIS PROXY STATEMENT LIST SEVERAL CLOSED-END FUNDS?

     The Trusts have at least one similar proposal 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's meeting to a time immediately after the Annual Meeting so that such Trust'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.

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The Proposals

*   FIRST PROPOSAL: TO ELECT DIRECTORS

      WHO ARE THE NOMINEES FOR DIRECTORS?

     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 current terms are expiring are being nominated for election at the Annual Meeting. In addition, some Directors have been appointed to fill vacancies created since the last annual meeting and certain of these Directors are being nominated for election as required by law.

The following table sets forth the class and nominees to be voted on by each Trust. Each nominee's background is described in further detail below.

        DIRECTORS                ADDITIONAL 
        STANDING FOR ELECTION               NOMINEES FOR DIRECTORS 



        Class I Directors  Class II Directors  Class III Directors     
        Richard E. Cavanagh(1)  Frank J. Fabozzi(1)  Andrew F. Brimmer  Joining as Class I Director  Joining as Class II 
        James Clayburn La Force, Jr.  Kathleen F. Feldstein  Kent Dixon    Director 
        R. Glenn Hubbard  Walter F. Mondale  Robert S. Kapito  R. Glenn Hubbard  Kathleen F. Feldstein 
          Ralph L. Schlosstein       
TRUST           








 
BGR        YES(2)  __  __  __  __ 









BPK  BFZ  BJZ  BGT           
BDT  BQY  BLH    YES(2)  __  __  __  YES(3) 
BBF  BNJ  BHK             
BFK  BNY  BHD      __       



BKT  BNA  BMT  BMN  YES(2)    __  __  YES(4) 









BPP  BKK  BFO    __  YES(2)(3)  __  __  __ 
BLW  BDV               









RNY  RNJ  RAA    __  YES(2)  __  YES(4)  __ 
BAT  BCT               









RFA        __  YES(2)  __  __  __ 









BHY  BRF      __  __  YES(2)  __  __ 









BBK  BHV  BFY  BCK           
BQH  BIE  BYM  BAF  __  __  YES(2)  __  YES(3) 
BZA  BLE  BLJ             
BZM  BCL  BSE             









BKN  BRM  BFC  BLN  __  __  YES(2)  YES(4)  __ 










(1) To be elected by holders of preferred shares only, except that, for BCT, BAT, BKT, BNA, BDT, BQY, BHK, BHD, BLW and BDV which do not have preferred shares, to be elected by holders of common shares.
 
(2) Normal scheduled class of directors standing for election.
 
(3) The election of Ms. Feldstein to the Board of each of these Trusts is contingent upon the shareholders of the respective Trust approving Proposal 2A as set forth in this Proxy Statement, the approval of which would increase the maximum number of Directors permitted for the respective Trust and permit Ms. Feldstein to join the respective Boards as a Class II Director.
 
(4)  All of these trusts are organized as Maryland corporations. Under Maryland law, directors who have been appointed by a board of directors since the prior annual shareholders' meeting to fill a vacancy on the Boards must be nominated for election at the next shareholders' meeting.

     The holders of any Trust's preferred shares will have equal voting rights with the holders of that Trust's common shares (i.e., one vote per share), and will vote together with the holders of common shares as a single class on the proposal to elect Directors, except that the holders of preferred shares of each Trust which is electing Class I or II Directors at this Annual Meeting, voting separately as a class, will elect the preferred shares Director from each of such classes. The two Directors that have been designated as representing the holders of each respective Trust's preferred shares are Messrs. Cavanagh and Fabozzi.

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     In addition, under Maryland law, directors who have been appointed by a board of directors since the prior annual shareholders' meeting to fill a vacancy on the Boards must be nominated for election at the next shareholders' meeting. On November 16, 2004, the Board of each Trust increased the size of each Board and appointed Mr. Hubbard to fill the vacancy created by such increase. Therefore, Mr. Hubbard is being nominated for election with respect to BKN, BRM, BFC, BLN, BCT, BAT, RAA, RNJ and RNY, even though he is not in the class of Directors standing for election, because these Trusts are organized as Maryland corporations.

     On December 23, 2004, the Board of each Trust approved adding Ms. Feldstein to each Board as of January 19, 2005. The charters of BKT, BNA, BMN, BMT, BGR, RNY, RNJ, RFA, RAA, BCT, BAT, BKN, BRM, BFC, BRF, BLN and BHY (the "Expanded Board Trusts") permitted the Board of each Expanded Board Trust to increase the size of the Boards of those Trusts and to appoint Ms. Feldstein to fill the vacancy created by such increases as of January 19, 2005. Each of the Expanded Board Trusts (other than BGR, RFA, BRF and BHY) is a Maryland corporation, however, and therefore Ms. Feldstein (a Class II Director of each Trust) is being nominated for election even if such Trust is not voting for Class II Directors at this meeting.

     The Board of each Trust that was not expanded to add Ms. Feldstein already had the maximum number of Directors permitted under its charter, so the Boards of those Trusts could not appoint Ms. Feldstein as a Director of those Trusts. Instead, the Board of each such Trust formed an advisory board and appointed Ms. Feldstein to serve as an advisory board member as of January 19, 2005, until they could seek shareholder approval to amend their charters to increase the maximum number of Directors, which proposal is included as Proposal 2A in this Proxy Statement. Ms. Feldstein is being nominated for election with respect to each of these other Trusts, even if she is not in the class of Directors standing for election, because the vacancy which she is filling will be created at the Annual Meeting if Proposal 2A is approved and, as a result, Section 16(a) of the Investment Company Act of 1940, as amended (the "40 Act"), requires her to be nominated for election at this meeting. If Proposal 2A is not approved at this Annual Meeting for a Trust, Ms. Feldstein will not serve as a Director of such Trust that is not an Expanded Board Trust, even if she receives sufficient votes to be elected under this Proposal.

     Each Director elected will hold office for three years and until their successors shall have been elected and qualified, except that Mr. Hubbard and Ms. Feldstein will serve until the end of the term for the class of Directors to which they were appointed, if such class is not standing for election at this meeting. 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.

     BAT and BCT each hold substantially all of their assets in their respective wholly owned subsidiaries, BAT Subsidiary Inc. ("BATS") and BCT Subsidiary Inc. ("BCTS"). The Board of each wholly owned subsidiary is identical to the Board of its respective parent company. Accordingly, nominees elected as Directors of BAT and BCT, respectively, will be appointed by BAT and BCT, respectively, to serve as Directors of BATS and BCTS, respectively, each of which has investment objectives and policies identical to BAT and BCT, respectively.

     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 BATS and BCTS, and have served in such capacity since each of the Trusts commenced their respective operations, except for the following exceptions:

  • Mr. Richard E. Cavanagh has served as Director since his appointment by the Boards of BKN, BRM, BFC, BRF, BLN, BCT, BKT, BAT, BMN, RAA, RFA, RNJ, RNY, BNA and BMT on August 11, 1994 to fill a vacancy;
  • Mr. James Clayburn La Force, Jr. has served as Director since his election at the Trusts' annual meeting of shareholders on June 19, 1992 with respect to BKT, BAT, BMN, BNA and BMT;
  • Mr. Walter F. Mondale, who was previously a Director of BKN, BRM, BFC, BLN, BCT, BKT, BAT, BMN, BMT, RFA, RAA, RNJ, RNY, BNA and BRF from inception to August 12, 1993, has served as Director since his election at the Trusts' annual meeting of shareholders on April 15, 1997, except that he resigned on October 31, 2002 to run for the U.S. Senate and was subsequently reappointed by the Boards on November 12, 2002, and was re-elected by the shareholders of BKN, BRM, BFC, BLN, BCT, BKT, BAT, BMN, BMT, RAA, RNJ, RNY and BNA on May 22, 2003;
  • Mr. Robert S. Kapito was appointed by the Boards on August 22, 2002 to fill a vacancy;
  • Mr. R. Glenn Hubbard was appointed to the Board of each Trust November 23, 2004; and
  • Ms. Kathleen F. Feldstein was appointed to the Expanded Board Trusts as of January 19, 2005 and also was appointed as an advisory board member on the remaining 32 Trusts as of January 19, 2005.

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Pursuant to the requirements of Maryland law, Messrs. Mondale and Kapito were elected as Directors of BKN, BRM, BFC, BLN, BCT, BKT, BAT, BMN, BMT, RAA, RNJ, RNY and BNA at the Trusts' annual meeting of shareholders on May 22, 2003.

     As of February 28, 2005, each Director holds his/her position as to each of the 52 active funds1 advised by BlackRock Advisors, Inc. (the "Fund Complex"). As of February 28, 2005, the Fund Complex consisted of 52 active 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. The "interested" Directors (as defined in Section 2(a)(19) of the 40 Act) are indicated by an asterisk(*). Independent directors are those who are not interested persons of the Trusts or BlackRock Advisors, Inc. and comply with the definition of "independent" (as defined in Rule 10A-3 under the Securities Exchange Act of 1934) (the "Independent Directors"). 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 "Advisor") is 100 Bellevue Parkway, Wilmington, Delaware 19809.

     OTHER DIRECTORSHIPS HELD BY 
  PRINCIPAL OCCUPATION(S) DURING  DIRECTOR OR NOMINEE FOR 
NAME, ADDRESS AND AGE  PAST 5 YEARS  DIRECTOR 



INTERESTED DIRECTORS:     
 
Ralph L. Schlosstein*  Director since 1999 and President of  Chairman and President of the BlackRock 
Age 54  BlackRock, Inc. since its formation in 1998  Liquidity Funds (10 portfolios). Director of 
Class II  and of BlackRock, Inc.'s predecessor entities  Anthracite Capital, Inc. and Director of 
  since 1988. Member of the Management  several of BlackRock's alternative investment 
  Committee and Investment Strategy Group of  vehicles. Currently a member of the Visiting 
  BlackRock, Inc. Formerly, Managing  Board of Overseers of the John F. Kennedy 
  Director of Lehman Brothers, Inc. and Co-  School of Government at Harvard University, 
  head of its Mortgage and Savings Institutions  a member of the board of the Financial 
  Group. Currently, Chairman and President of  Institutions Center of The Wharton School of 
  the BlackRock Liquidity Funds and Director  the University of Pennsylvania, a trustee of 
  of several of BlackRock’s alternative  the American Museum of Natural History, a 
  investment vehicles.  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 and of The Public 
    Theater in New York City. Formerly, a 
    Director of Pulte Corporation, the nation’s 
    largest homebuilder, a Trustee of Denison 
    University and a member of Fannie Mae's 
    Advisory Council. 
 
Robert S. Kapito*  Vice Chairman of BlackRock, Inc., Head of  Chairman of the Hope and Heroes Children's 
Age: 48  the Portfolio Management Group. Also a  Cancer Fund. President of the Board of 
Class III  member of the Management Committee, the  Directors of the Periwinkle National Theatre 
  Investment Strategy Group, the Fixed Income  for Young Audiences. Director of 
  and Global Operating Committees and the  icruise.com, Corp. 
  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.   


1 The 52 active funds consist of 51 funds listed on a nationally recognized stock exchange and one interval fund, Partners Balanced Trust. The BlackRock Pennsylvania Strategic Municipal Trust (BPS), The BlackRock Strategic Municipal Trust (BSD) and Partners Balanced Trust are not specifically included in this Proxy Statement but may be referred to throughout.
 

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     OTHER DIRECTORSHIPS HELD BY 
  PRINCIPAL OCCUPATION(S) DURING  DIRECTOR OR NOMINEE FOR 
NAME, ADDRESS AND AGE  PAST 5 YEARS  DIRECTOR 



INDEPENDENT DIRECTORS:     
 
Andrew F. Brimmer  President of Brimmer & Company, Inc., a  Director of CarrAmerica Realty Corporation 
P.O. Box 4546  Washington D.C.-based economic and  and Borg-Warner Automotive. Formerly 
New York, NY 10163  financial consulting firm, also Wilmer D.  Director of AirBorne Express, BankAmerica 
Age: 78  Barrett Professor of Economics, University of  Corporation (Bank of America), BellSouth 
Class III  Massachusetts - Amherst. Formerly member  Corporation, College Retirement Equities 
  of the Board of Governors of the Federal  Fund (Trustee), Commodity Exchange, Inc. 
  Reserve System. Formerly Chairman,  (Public Governor), Connecticut Mutual Life 
  District of Columbia Financial Control Board.  Insurance Company, E.I. du Pont de Nemours 
    & 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). 
 
Richard E. Cavanagh  President and Chief Executive Officer of The  Trustee, Aircraft Finance Trust (AFT) and 
P.O. Box 4546  Conference Board, Inc., a leading global  Educational Testing Service (ETS). Director, 
New York, NY 10163  business research organization, from 1995-  Arch Chemicals, Fremont Group and The 
Age: 58  present. Former Executive Dean of the John  Guardian Life Insurance Company of 
Class I  F. Kennedy School of Government at  America. 
  Harvard University from 1988-1995. Acting  
  Director, Harvard Center for Business and   
  Government (1991-1993). Formerly Partner  
  (principal) of McKinsey & 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).   
 
Kent Dixon  Consultant/Investor. Former President and  Former Director of ISFA (the owner of 
P.O. Box 4546  Chief Executive Officer of Empire Federal  INVEST, a national securities brokerage 
New York, NY 10163  Savings Bank of America and Banc PLUS  service designed for banks and thrift 
Age: 67  Savings Association, former Chairman of the  institutions). 
Class III  Board, President and Chief Executive Officer   
  of Northeast Savings.   
 
Frank J. Fabozzi  Consultant. Editor of THE JOURNAL OF  Director, Guardian Mutual Funds Group (18 
P.O. Box 4546  PORTFOLIO MANAGEMENT and  portfolios). 
New York, NY 10163  Frederick Frank Adjunct Professor of Finance   
Age: 56  at the School of Management at Yale   
Class II  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.   
 
Kathleen F. Feldstein  President of Economics Studies, Inc., a  Director of BellSouth Inc., Ionics, Inc., and 
P.O. Box 4546  Belmont, MA-based private economic  Knight Ridder, Inc.; Trustee of the Museum 
New York, NY 10163-4546  consulting firm, since 1987; Chair, Board of  of Fine Arts, Boston, and of the Committee 
Age: 63  Trustees, McLean Hospital in Belmont, MA.  for Economic Development; Corporation 
Class II    Member, Partners HealthCare and Sherrill 
    House; 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. 

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     OTHER DIRECTORSHIPS HELD BY 
  PRINCIPAL OCCUPATION(S) DURING  DIRECTOR OR NOMINEE FOR 
NAME, ADDRESS AND AGE  PAST 5 YEARS  DIRECTOR 



R. Glenn Hubbard  Dean of Columbia Business School since July  Director of ADP, Dex Media, KKR Financial 
P.O. Box 4546  1, 2004. Columbia faculty member since  Corporation, and Ripplewood Holdings. 
New York, NY 10163  1988. Co-director of Columbia Business  Member of Board of Directors of Duke 
Age: 46  School’s Entrepreneurship Program 1994-  Realty. Formerly on the advisory boards of 
Class I  1997. Visiting Professor at the John F.  the Congressional Budget Office, the Council 
  Kennedy School of Government at Harvard  on Competitiveness, the American Council on 
  University and the Harvard Business School,  Capital Formation, the Tax Foundation and 
  as well as the University of Chicago. Visiting  the Center for Addiction and Substance 
  scholar at the American Enterprise Institute in  Abuse. Trustee of Fifth Avenue Presbyterian 
  Washington and member of International  Church of New York. 
  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.   
 
James Clayburn La Force, Jr.  Dean Emeritus of the John E. Anderson  Director of Payden & Rygel Investment 
P.O. Box 4546  Graduate School of Management, University  Trust, Metzler-Payden Investment Trust, 
New York, NY 10163  of California since July 1, 1993. Acting Dean  Advisors Series Trust, Arena 
Age: 76  of the School of Business, Hong Kong  Pharmaceuticals, Inc. and CancerVax 
Class I  University of Science and Technology 1990-  Corporation. 
  1993. From 1978 to September 1993, Dean  
  of the John E. Anderson Graduate School of  
  Management, University of California.   
 
Walter F. Mondale  Senior Counsel, Dorsey & Whitney LLP, a  Chairman of Panasonic Foundation Board of 
P.O. Box 4546  law firm (January 2004 - present); Partner,  Directors and Director of United Health 
New York, NY 10163  Dorsey & Whitney LLP, (December 1996 -  Foundation. Member of the Hubert H. 
Age: 77  December 2003, September 1987 - August  Humphrey Institute of Public Affairs 
Class II  1993). Formerly U.S. Ambassador to Japan  Advisory Board, The Mike and Maureen 
  (1993 - 1996). Formerly Vice President of  Mansfield Foundation, Dean's Board of 
  the United States, U.S. Senator and Attorney  Visitors of the Medical School at the 
  General of the State of Minnesota. 1984  University of Minnesota. 
  Democratic Nominee for President of the   
  United States.   

DO THE TRUSTS HAVE ANY COMMITTEES?

     Yes. The Trusts' Directors have determined that the efficient conduct of the Trusts' 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 Governance Committee appoints the members and chairperson of the Audit Committee and the chairperson of the Governance Committee.

EXECUTIVE COMMITTEE

     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.

AUDIT COMMITTEE

     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.

     The Audit Committee of each Trust presents the following report:

     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

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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's Annual Report for the past fiscal year.

     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 two audit committee financial experts serving on its Audit Committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust has determined that service by each member of the Audit Committee on the Audit Committee of each fund in the Fund Complex shall be deemed to be the functional equivalent of service on a single Audit Committee for purposes of the corporate governance rules of the New York Stock Exchange and the American Stock Exchange and that such simultaneous service does not impair the ability of members of the Audit Committee to effectively serve on the Audit Committee of each Trust. The Audit Committee is governed by a written charter, which was reapproved on February 19, 2005 and is attached hereto as Appendix C.

  AUDIT COMMITTEE 
  Andrew Brimmer (Chairman) 
  Richard E. Cavanagh 
  Kent Dixon 
  Frank J. Fabozzi 

GOVERNANCE COMMITTEE

     Each of the Trusts has a Governance Committee, which also performs the functions normally performed by a nominating committee. The Governance Committee is composed of all of the Independent Directors. The 40 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' investment manager and other affiliated parties. Each Trust's Independent Directors meet regularly 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:

  • The name of the shareholder and evidence of the person's ownership of shares of the applicable Trust(s), including the number of shares owned and the length of time of ownership; and
  • The name of the candidate, the candidate's resume or a listing of his or her qualifications to be a Director of the Trust(s) and the person's consent to be named as a Director if selected by the Governance Committee and nominated by the Board.

     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 prior to the anniversary date of the Trust's most recent annual meeting of shareholders (which will be no later than January 26, 2006, for next year'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'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'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.

     The Joint Governance Committee Charter of the Trusts is available at BlackRock's website at http://www.blackrock.com/indiv/products/closedendfunds/corpgov.html.

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*   DO THE TRUSTS HAVE A POLICY WITH RESPECT TO THE ATTENDANCE OF DIRECTORS AT THE ANNUAL MEETING?

     It is the Trusts' policy to encourage Directors to attend the Annual Meeting. At the Annual Meeting on May 26, 2004, all of the Trusts' Directors serving at that time were present.

*   HOW CAN THE TRUSTS' SHAREHOLDERS SEND COMMUNICATIONS TO THE DIRECTORS?

     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.

*   HOW MANY SHARES OF THE TRUSTS DO THE DIRECTORS OWN?

     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' deferred compensation plan.

*   HOW OFTEN DO THE DIRECTORS MEET?

     Six meetings of the Boards of each of BZA, BIE, BZM, BBK, BLJ, BQH, BHV, BLE, BCL, BFY, BYM, BCK, BAF and BSE were held during their last fiscal year between September 1, 2003 and August 31, 2004. Eight meetings of the Boards of each of BNA, BHD, BCT, BHY, BKN, BKT, RAA, RNJ, RNY, BHK, RFA, BBF, BFK, BFZ, BNJ, BLW and BNY were held during their last fiscal year between November 1, 2003 and October 31, 2004. Seven meetings of the Boards of each of BMN, BFC, BLN, BMT, BRM, BAT, BRF, BJZ, BLH, BKK, BFO, BPP and BPK were held during their last fiscal year between January 1, 2004 and December 31, 2004.

     Six meetings of the Audit Committees of each of BZA, BIE, BZM, BBK, BLJ, BQH, BHV, BLE, BCL, BFY, BYM, BCK, BAF and BSE were held during their last fiscal year between September 1, 2003 and August 31, 2004. Six meetings of the Audit Committees of each of BNA, BHD, BCT, BHY, BKN, BKT, RAA, RFA, RNJ, RNY, BFK, BFZ, BBF, BNJ, BNY, BLW and BHK were held during their last fiscal year between November 1, 2003 and October 31, 2004. Seven meetings of the Audit Committees of each of BPK, BJZ, BLH, BMN, BFC, BLN, BMT, BRF, BRM, BAT, BKK, BFO and BPP were held during their last fiscal year between January 1, 2004 and December 31, 2004.

     Five meetings of the Governance Committees of each of BZA, BIE, BZM, BBK, BLJ, BQH, BHV, BLE, BCL, BFY, BYM, BCK, BAF and BSE were held during their last fiscal year between September 1, 2003 and August 31, 2004. Five meetings of the Governance Committees of each of BNA, BHD, BCT, BHY, BKN, BKT, RAA, RFA, RNJ, RNY, BFK, BFZ, BBF, BNJ, BNY, BLW and BHK were held during their last fiscal year between November 1, 2003 and October 31, 2004. Five meetings of the Governance Committees of each of BPK, BJZ, BLH, BMN, BFC, BLN, BMT, BRF, BRM, BAT, BKK, BFO and BPP were held between their last fiscal year from January 1, 2004 and December 31, 2004.

     During each Trust'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).

     Annual meeting information and Directors' attendance for BGR, BDT, BQY, BDV and BGT have not been provided because such Trusts have not been in operation for a full fiscal year.

*   WHAT ARE THE DIRECTORS PAID FOR THEIR SERVICES?

     The following table sets forth certain information regarding the compensation of the Trusts' Directors (other than the "interested" Directors (as defined in Section 2(a)(19) of the 40 Act) who do not receive a salary from the Trusts):

9


    TOTAL COMPENSATION FROM THE FUND
NAME OF DIRECTOR    COMPLEX PAID TO DIRECTORS(1)




 
Andrew F. Brimmer                                           $ 270,000 (2)(3)(4) 
Richard E. Cavanagh                                           $ 210,000 (2)(4) 
Kent Dixon                                           $ 210,000 (2)(4) 
Frank J. Fabozzi                                           $ 203,333 (2)(4) 
Kathleen F. Feldstein                                           $ 0 (5) 
R. Glenn Hubbard                                           $ 11,875 (6) 
James Clayburn La Force, Jr.                                           $ 190,000 (2) 
Walter F. Mondale                                           $ 190,000 (2) 


(1) Represents the total compensation earned by such persons during the calendar year ended December 31, 2004, from the Fund Complex.
 
(2) Represents the aggregate compensation earned by such persons during the calendar year ended December 31, 2004. Of this amount, Dr. Brimmer, Mr. Cavanagh, Mr. Dixon, Mr. Fabozzi, Ms. Feldstein, Mr. Hubbard, Mr. La Force and Mr. Mondale deferred $50,000, $50,000, $50,000, $43,333, $0, $11,875, $190,000 and $30,000, respectively, pursuant to the Fund Complex's deferred compensation plan (described below).
 
(3) Dr. Brimmer serves as "lead independent director" for each Board in the Fund Complex. For his services as lead independent director, Dr. Brimmer is compensated in the amount of $50,000 per annum by the Fund Complex allocated among the Trusts in the Fund Complex based on each Trust's relative net assets. Dr. Brimmer receives an additional $30,000 per annum from the Fund Complex for his service as the Audit Committee Chairman of the Fund Complex.
 
(4) Messrs. Brimmer, Cavanagh, Dixon and Fabozzi serve on the Audit Committee of the Fund Complex and for their service receive an additional $20,000 base per annum, allocated among the Trusts in the Fund Complex based on their relative net assets.
 
(5)      Ms. Feldstein joined each Trust as a Director or an advisory board member as of January 19, 2005, and therefore received no compensation in 2004.
 
(6)      Mr. Hubbard was appointed to each Board as of November 16, 2004. The annual fee paid by each Trust to Mr. Hubbard was pro rated for the 46 days of 2004 he served on the Boards.

     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 $45,000 ($50,000 per annum pro-rated for mid-year compensation increases) from the Fund Complex for acting as the lead independent director for each Board in the Fund Complex and an additional $15,000 ($30,000 per annum pro-rated for mid-year compensation increases) from the Fund Complex for acting as the Audit Committee Chairman of the Fund Complex and Messrs. Brimmer, Cavanagh and Dixon received an additional $20,000 base per annum, and Mr. Fabozzi received an additional $13,333 ($20,000 base per annum pro-rated for appointment to the Audit Committee) mid-year 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'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'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.

     The following Directors fees were accrued by the following Trusts during their last fiscal year from January 1, 2004 to December 31, 2004:

10


BAT $ 17,100 BMN $ 72,200 BPP $ 56,400
BRM  $ 78,700  BGT  $ 20,000(1)  BKK  $ 40,300 
BLN  $ 27,800  BMT  $ 41,700    
BFC  $ 26,000  BJZ  $ 13,500    
BRF  $ 20,900  BPK  $ 33,300    
BFO  $ 13,200  BLH  $ 12,800    


(1) BGT accrual does not represent a full fiscal year because the Trust was formed during the prior fiscal year.

     The following Directors fees were accrued by the following Trusts during their last fiscal year from November 1, 2003 to October 31, 2004:

BHY  $ 12,400 RNY  $ 12,500 BHK  $ 58,200  
BCT  $ 13,000 BKN  $ 36,700 BHD  $ 13,900  
RAA  $ 12,500 BNA  $ 59,800 BFK  $ 79,800  
RFA  $ 12,500 BBF  $ 14,300 BNJ  $ 15,700  
BFZ  $ 30,700 BNY  $ 26,700 BLW  $ 80,200  
RNJ  $ 12,500 BKT  $ 78,300 BDV  $ 67,300(2)  
BDT  $ 39,400(2)  BQY  $ 6,400(2)    


(2) BDV, BDT and BQY accruals do not represent a full fiscal year because the Trust was formed during the prior fiscal year. BGR was not yet formed during this time period.

     The following Directors fees were accrued by the following Trusts during their last fiscal year from September 1, 2003 to August 31, 2004:

BBK  $ 21,200  BHV  $ 12,400  BYM  $ 54,500 
BZA  $ 12,800  BLE  $ 45,400  BCK  $ 13,200 
BIE  $ 12,800  BCL  $ 16,100  BAF  $ 18,300 
BZM  $ 12,400  BLJ  $ 12,400  BSE  $ 13,500 
BQH  $ 12,800  BFY  $ 13,200     

     None of the Directors received any pension or retirement benefits. Under the deferred compensation plan (the "Plan") approved by each Trust'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 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.

     The Independent Directors have voluntarily agreed that at least $30,000 of their $190,000 base fee will be mandatorily deferred pursuant to the Plan. Also, members of the Audit Committee of the Fund Complex are required to defer all of the $20,000 base per annum fee they will receive for their services on the Audit Committee pursuant to the Plan.

     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, Shea, Tritto, Battista, Kindelan and Ms. Ackerley, officers of the Trusts, are also affiliated with the Advisor 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 reimbursable by a particular Trust to the extent such person's working time (other than time related to providing investment advisory services) is devoted to certain of that particular Trust's operations.

*   HOW LARGE A STAKE DO THE DIRECTORS HAVE IN THE TRUSTS?

     The Directors believe each Director should have a beneficial investment in the BlackRock closed-end Trusts. The Directors allocate their investments among the 52 active BlackRock closed-end Trusts based on their own investment needs. The

11


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, 2005.

*   WHAT VOTE IS REQUIRED TO APPROVE THIS PROPOSAL?

     The affirmative vote of a plurality of the shares present for each Trust at the Annual Meeting at which a quorum is present is necessary to approve Proposal 1 for each respective Trust.

*   HOW DO THE DIRECTORS RECOMMEND I VOTE ON THIS PROPOSAL?

     THE BOARD OF EACH TRUST, INCLUDING THE INDEPENDENT DIRECTORS, UNANIMOUSLY RECOMMENDS THAT YOU VOTE "FOR" EACH OF THE DIRECTORS NOMINATED UNDER PROPOSAL 1.

*   SECOND PROPOSAL: PROPOSAL 2A: FOR EACH OF BJZ, BPK, BLH, BHK, BHD, BBK, BQH, BZA, BIE, BZM, BLJ, BHV, BCL, BLE, BFY, BCK, BAF, BYM, BSE, BFO, BKK, BPP, BLW, BDV, BDT, BQY, BGT, BFZ, BBF, BFK, BNJ AND BNY TO AMEND ITS DECLARATION OF TRUST, TO CHANGE THE MAXIMUM NUMBER OF PERMITTED DIRECTORS ALLOWED ON ITS RESPECTIVE BOARD TO 11

     The Board of each Trust has adopted a mandatory retirement age applicable to its members that requires a Director to retire on December 31st following the Director's 75th birthday, subject to certain exceptions, including an extension of the retirement age if unanimously approved by the members of the Governance Committee. Because three members of the Boards (Dr. Brimmer and Messrs. LaForce and Mondale) currently serve pursuant to such exceptions, the Governance Committee recently has concluded that it would be in the best interests of each Trust to elect new Directors to each Board, in order to permit the new Directors to become familiar with the operations of the Boards and to generally provide for an orderly transition, prior to any potential retirements.

     To this end, based on the recommendation of the Governance Committee, the Directors appointed Mr. Hubbard to serve as the ninth Director of each Board on November 16, 2004.

     On December 23, 2004, the Directors also appointed Ms. Feldstein to serve, as of January 19, 2005, as the 10th Director of the Board of each Expanded Board Trust (as defined in Proposal 1). Each of these Trusts currently permits a maximum of 15 Directors on its Board.

     The Declaration of Trust of each Trust submitting this Proposal 2A to its shareholders (the "Proposal 2A Trusts") currently permits a maximum of nine Directors. In order to obtain the benefit of Ms. Feldstein's knowledge and experience for all of the Trusts and to permit her to become familiar with the operations of the Board of each Trust, the Board of each Proposal 2A Trust formed an advisory board and appointed Ms. Feldstein to serve each Proposal 2A Trust as an advisory board member. At that time, the Board of each Proposal 2A Trust also approved amending its Declaration of Trust or Articles of Incorporation, as appropriate, to increase the maximum number of Directors to 11, so that Ms. Feldstein could seek to be elected to its Board and to allow for an additional director to be elected in the future. Such an amendment, however, requires the approval of shareholders of the respective Proposal 2A Trusts, so the Board of each Proposal 2A Trust also approved submitting the amendment to shareholders of each Proposal 2A Trust. In addition, Ms. Feldstein has been nominated by each Board to serve as a Director of each Trust voting on Class II Directors at the meeting and each other Trust for which her nomination was required by law, as set forth in Proposal 1 of this Proxy Statement, where biographical information about Ms. Feldstein may be found.

     If Proposal 2A is approved by the shareholders of a Proposal 2A Trust, the Declaration of Trust of such Trust will be amended to increase the maximum number of Directors to 11. Ms. Feldstein, however, will serve as a Director of such Trust only if she also is elected a Director under Proposal 1. Ms. Feldstein's election to the Board of a Trust would not increase the expenses of such a Trust, because Ms. Feldstein currently receives the same compensation as an advisory board member as she would receive as a Director.

     The holders of the preferred shares, if any, and the holders of the common shares of a Proposal 2A Trust are entitled to vote on Proposal 2A as a single class. Approval of Proposal 2A for a Trust requires the affirmative vote of (i) 67% or more of the shares present for such Trust at the meeting, if holders of more than 50% of the outstanding shares of such Trust are present at the meeting or represented by proxy or (ii) more than 50% of the outstanding shares of such Trust, whichever is less, is required to approve this proposal.

12


     THE BOARD OF EACH PROPOSAL 2A TRUST, INCLUDING THE INDEPENDENT DIRECTORS, UNANIMOUSLY RECOMMENDS THAT YOU VOTE "FOR" THIS PROPOSAL 2A.

*   PROPOSAL 2B: FOR EACH OF BHY, BGR, BRF AND RFA TO AMEND ITS DECLARATION OF TRUST TO REDUCE THE MAXIMUM NUMBER OF PERMITTED DIRECTORS ALLOWED ON ITS BOARD FROM 15 TO 11

     The Declaration of Trust of each Trust submitting this Proposal 2B to its shareholders (the "Proposal 2B Trusts") currently permits a maximum of fifteen (15) Directors. The Directors believe that consistency among the Trusts generally enhances efficiency in administering the various Trusts. To this end, the Directors believe that creating a uniform maximum number of Directors for all of the Trusts is in the best interests of the shareholders of the Trusts, including the Proposal 2B Trusts. In order to achieve uniformity in the closed-end fund family (assuming Proposal 2A is passed by each Proposal 2A Trust), it is necessary for each Proposal 2B Trust to reduce the maximum number of Directors permitted to serve on its Board to 11. Such an amendment, however, requires the approval of shareholders of the respective Proposal 2B Trust, so the Board of each Proposal 2B Trust has approved submitting this proposal to shareholders of each Proposal 2B Trust. If Proposal 2B is approved by the shareholders of a Proposal 2B Trust, the Declaration of Trust of such Trust will be amended to reduce the maximum number of Directors to 11.

     The holders of the preferred shares, if any, and the holders of the common shares of a Proposal 2B Trust are entitled to vote on Proposal 2B as a single class. The affirmative vote of a majority of the outstanding shares of a Proposal 2B Trust is necessary to approve Proposal 2B for the respective Trust.

     THE BOARD OF EACH PROPOSAL 2B TRUST, INCLUDING THE INDEPENDENT DIRECTORS, UNANIMOUSLY RECOMMENDS THAT YOU VOTE "FOR" THIS PROPOSAL 2B.

FURTHER INFORMATION ABOUT VOTING AND THE ANNUAL MEETING

     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.

     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 2A and 2B will have the same effect as a negative vote. Broker non-votes, if any, will not affect the result of the vote on Proposal 1. Broker non-votes, if any, will have the same effect as a negative vote on Proposals 2A and 2B.

     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.

     The Board of each Trust has fixed the close of business on February 28, 2005 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.

13


ADDITIONAL INFORMATION

EXECUTIVE OFFICERS

     In addition to Messrs. Schlosstein and Kapito, all the following executive officers, except Messrs. Gary and Klingert, hold the same position with each of the Trusts. With respect to Mr. Klingert, he is an officer of BRM, BLN, BFC, BRF, BKN, BMN, RAA, RFA, RNJ, RNY, BMT, BBF, BFK, BFZ, BNJ, BNY, BJZ, BPK, BLH, BBK, BZA, BIE, BZM, BLJ, BQH, BHV, BLE, BCL, BFY, BYM, BCK, BAF, BSE, BKK and BFO only. With respect to Mr. Gary, he is an officer of BHY, BHK, BHD and BNA only.

        OTHER PRINCIPAL OCCUPATIONS IN 
NAME AND AGE    TITLE    PAST 5 YEARS 



Anne Ackerley    Vice President    Managing Director of BlackRock, Inc. since 
Age: 43        2000. Formerly First Vice President and 
        Chief Operating Officer, Mergers and 
        Acquisitions Group at Merrill Lynch & Co. 
        from 1997 to 2000; First Vice President and 
        Chief Operating Officer, Public Finance 
        Group at Merrill Lynch & Co. from 1995 to 
        1997; First Vice President, Emerging Markets 
        Fixed Income Research at Merrill Lynch & 
        Co. prior thereto. 
 
Bartholomew A. Battista    Chief Compliance Officer    Chief Compliance Officer and Anti-Money 
Age: 46        Laundering Compliance Officer of 
        BlackRock, Inc. since 2004. Chief Com- 
        pliance Officer and Anti-Money Laundering 
        Compliance Officer of the BlackRock Funds 
        and BlackRock Liquidity Funds since 2004. 
        Managing Director (since 2003), and Director 
        (2000-2002) of BlackRock, Inc. Compliance 
        Officer at Moore Capital Management from 
        1995-1998. 
 
Henry Gabbay    Treasurer    Managing Director of BlackRock, Inc. and its 
Age: 57        predecessor entities. 
 
Jeff Gary    Vice President    Managing Director of BlackRock, Inc. since 
Age: 42        2003. Formerly, Managing Director and high 
        yield portfolio manager with AIG (American 
        General) Investment Group. 
 
Brian P. Kindelan    Assistant Secretary    Managing Director and Senior Counsel (since 
Age: 45        January 2005), Director and Senior Counsel 
        (2001-2004) and Vice President and Senior 
        Counsel (1998-2000), BlackRock, Inc.; 
        Senior Counsel, PNC Bank Corp. from May 
        1995 to April 1998; Associate, Stradley, 
        Ronon, Stevens & Young, LLP from March 
        1990 to May 1995. 
 
Kevin Klingert    Vice President    Managing Director of BlackRock, Inc. and its 
Age: 42        predecessor entities. 
 
James Kong    Assistant Treasurer    Managing Director of BlackRock, Inc. and its 
Age: 44        predecessor entities. 
 
Richard Shea, Esq.    Vice President/Tax    Managing Director of BlackRock, Inc. since 
Age: 45        2000; President (since 2004), Chief Operating 
        Officer (since 1998) and Chief Financial 
        Officer (1998-2004) of Anthracite Capital, 
        Inc. Formerly, Director of BlackRock, Inc. 
        and its predecessor entities. 

14


Vincent B. Tritto    Secretary    Managing Director, Senior Counsel and 
Age: 43        Assistant Secretary of BlackRock, Inc. (since 
        January 2005) and Director, Senior Counsel 
        and Assistant Secretary (2002-2004) of 
        BlackRock, Inc. Formerly, Executive 
        Director (2000-2002) and Vice President 
        (1998-2000), Morgan Stanley & Co. 
        Incorporated and Morgan Stanley Asset 
        Management Inc. and officer of various 
        Morgan Stanley-sponsored investment 
        vehicles; Counsel (1998) and associate (1988- 
        1997), Rogers & Wells LLP, New York, NY; 
        Foreign Associate (1992-1994), Asahi Law 
        Offices/Masuda & Ejiri, Tokyo, Japan. 

INVESTMENT ADVISOR

     The Advisor, located at 100 Bellevue Parkway, Wilmington, Delaware 19809, is a wholly owned subsidiary of BlackRock, Inc. ("BlackRock"), which is one of the largest publicly traded investment management firms in the United States, with approximately $342 billion of assets under management as of December 31, 2004. 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(R) name. Clients are served from BlackRock'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.

The executive officers of the Advisor are:

NAME  POSITION 
   
Laurence D. Fink  Chief Executive Officer 
   
Ralph L. Schlosstein  President 
   
Robert S. Kapito  Vice Chairman 
   
Robert P. Connolly  General Counsel and Secretary 
   
Bartholomew A. Battista  Chief Compliance Officer 

     Messrs. Schlosstein and Kapito are each an officer and Director of the Trusts and Mr. Battista is an officer of the Trusts.

     BlackRock Financial Management, Inc., an affiliate of the Advisor and a wholly owned subsidiary of BlackRock, currently serves as Sub-Advisor to BBF, BFK, BFZ, BNJ, BNY, BJZ, BPK, BLH, BHK, BHD, BYM, BCK, BAF, BSE, BLE, BFY, BCL, BZA, BBK, BIE, BLJ, BQH, BZM, BHV, BPP, BLW, BKK, BFO, BDV, BDT, BQY and BGT.

INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

     Deloitte & Touche LLP ("D&T") 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'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's fiscal year ending in 2005. None of the Trusts knows of any direct or indirect financial interest of D&T in the Trusts.

     Representatives of D&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.

15


AUDIT FEES

     The aggregate fees billed to each Trust by D&T for professional services rendered for the audit of each Trust's annual financial statements for the most recent fiscal year (or period) were in the following amounts:

BKN  $ 29,100    BKT  $ 52,500    BAT  $ 25,500    BMN  $ 42,000   
BCT  $ 17,900    RAA  $ 7,500    BLE  $ 30,400    BMT  $ 33,500   
BQH  $ 25,200    BCL  $ 26,500    RFA  $ 7,500    BYM  $ 31,900   
RNJ  $ 7,500    RNY  $ 7,600    BCK  $ 26,300    BNA  $ 65,900   
BFY  $ 25,800    BBF  $ 25,800    BFK  $ 29,900    BNY  $ 26,500   
BFZ  $ 26,800    BAF  $ 27,200    BPK  $ 29,600    BPP  $ 32,000   
BSE  $ 26,600    BNJ  $ 25,900    BLW  $ 29,900    BLH  $ 27,600   
BJZ  $ 28,100    BHK  $ 32,800    BHD  $ 25,800    BZA  $ 25,400   
BBK  $ 27,200    BKK  $ 29,700    BIE  $ 25,400    BDV(1)  $ 27,300   
BFO  $ 26,700    BRF  $ 23,600    BGT(1)  $ 84,300    BGR(1)  $ 0   
BDT(1)  $ 24,200    BQY(1)  $ 41,600    BRM  $ 34,700           
BLN  $ 24,200    BZM  $ 25,100    BHY  $ 20,400           
BLJ  $ 25,100    BFC  $ 24,100    BHV  $ 10,400           


(1) BDV, BDT, BQY, BGT and BGR have not completed a full fiscal year. However BDV, BDT, BQY and BGT have nonetheless paid to D&T fees for professional services rendered for the audit of their annual financial statements.
 

     The aggregate fees billed to each Trust(2) by D&T for professional services rendered for the audit of each Trust's annual financial statements for the fiscal year preceding the most recent one were in the following amounts:

BKN  $ 34,000    BKT  $ 61,300    BAT  $ 27,700    BMN  $ 45,400   
BCT  $ 18,100    RAA  $ 9,100    BLE  $ 34,100    BMT  $ 35,800   
BQH  $ 30,300    BCL  $ 31,200    RFA  $ 9,100    BYM  $ 39,700   
RNJ  $ 9,100    RNY  $ 9,100    BCK  $ 35,600    BNA  $ 79,100   
BFY  $ 30,600    BBF  $ 30,300    BFK  $ 34,000    BNY  $ 30,900   
BFZ  $ 31,100    BAF  $ 36,300    BPK  $ 31,700    BPP(2)  $ 32,800   
BSE  $ 35,800    BNJ  $ 30,400    BLW(2)  $ 37,300    BLH  $ 30,200   
BJZ  $ 30,500    BHK  $ 38,000    BHD  $ 30,400    BZA  $ 30,400   
BBK  $ 31,800    BKK(2)  $ 31,400    BIE  $ 30,400         
BFO(2)  $ 29,700    BRF  $ 24,300    BRM  $ 36,000         
BLN  $ 24,700    BZM  $ 30,100    BHY  $ 23,500         
BLJ  $ 30,100    BFC  $ 24,600    BHV  $ 12,300         


(2) BPP, BLW, BKK and BFO had not completed a full fiscal year. However, BPP, BLW, BKK and BFO had nonetheless paid to D&T fees for professional services rendered for the audit of their annual financial statements. BDV, BDT, BQY, BGT and BGR are not included in the above chart because such Trusts either had not completed their initial fiscal year (or period) or had not yet been formed in the fiscal year preceding the most recent one.

AUDIT-RELATED FEES

     The aggregate fees billed in the most recent fiscal year (or period) to each Trust by D&T for assurance and related services reasonably related to the performance of the audit of each Trust'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:

BKN  $ 7,300    BKT  $ 0    BAT  $ 0    BMN  $ 5,100   
BCT  $ 0    RAA  $ 1,800    BLE  $ 3,300    BMT  $ 4,600   
BQH  $ 2,000    BCL  $ 2,300    RFA  $ 0    BYM  $ 3,500   
RNJ  $ 1,800    RNY  $ 1,800    BCK  $ 2,200    BNA  $ 0   
BFY  $ 2,100    BBF  $ 2,200    BFK  $ 4,000    BNY  $ 2,500   
BFZ  $ 2,600    BAF  $ 2,400    BPK  $ 2,400    BPP  $ 5,300   

16


BSE  $ 2,200    BNJ  $ 2,200    BLW  $ 0    BLH  $ 1,900   
BJZ  $ 2,000    BHK  $ 0    BHD  $ 0    BZA  $ 2,000   
BBK  $ 2,500    BKK  $ 2,500    BIE  $ 2,100    BDV(1)  $ 0   
BFO  $ 2,000    BRF  $ 2,100    BGT(1)  $ 0    BGR(1)  $ 0   
BDT(1)  $ 0    BQY(1)  $ 0    BRM  $ 5,100           
BLN  $ 4,300    BZM  $ 2,000    BHY  $ 4,900           
BLJ  $ 2,000    BFC  $ 4,300    BHV  $ 1,900           


(1) BDV, BDT, BQY, BGT and BGR have not completed a full fiscal year.

     The aggregate fees billed in the fiscal year preceding the most recent to each Trust(2) by D&T for assurance and related services reasonably related to the performance of the audit of each Trust'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:

BKN  $ 8,000    BKT  $  0    BAT  $  0    BMN  $  8,000   
BCT  $ 0    RAA  $  0    BLE  $  10,500    BMT  $  8,000   
BQH  $ 6,000    BCL  $  9,300    RFA  $  0    BYM  $  10,800   
RNJ  $ 0    RNY  $  0    BCK  $  9,100    BNA  $  0   
BFY  $ 9,100    BBF  $  6,000    BFK  $  7,300    BNY  $  6,200   
BFZ  $ 6,300    BAF  $  9,400    BPK  $  4,000    BPP(2)  $  3,000   
BSE  $ 9,200    BNJ  $  6,000    BLW(2)  $  0    BLH  $  4,000   
BJZ  $ 4,000    BHK  $  0    BHD  $  0    BZA  $  6,000   
BBK  $ 6,600    BKK(2)  $  3,000    BIE  $  6,000           
BFO(2)  $ 3,000    BRF  $  4,000    BRM  $  8,000           
BLN  $ 8,000    BZM  $  5,900    BHY  $  4,600           
BLJ  $ 5,900    BFC  $  8,000    BHV  $  5,900           


(2) BPP, BLW, BKK and BFO had not completed a full fiscal year. However, BPP, BKK and BFO had nonetheless paid to D&T fees for assurance and related services reasonably related to the performance of the audit of their annual financial statements. BDV, BDT, BQY, BGT and BGR are not included in the above chart because such Trusts either had not completed their initial fiscal year (period) or had not been formed in the fiscal year preceding the most recent one.

TAX FEES

     The aggregate fees billed in the most recent fiscal year (or period) to each Trust by D&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's, and miscellaneous tax advice. The fees for each Trust are in the following amounts:

BKN  $  11,800    BKT  $  10,500    BAT  $  12,000    BMN  $  8,100   
BCT  $  21,000    RAA  $  11,000    BLE  $  12,000    BMT  $  7,400   
BQH  $  8,100    BCL  $  11,300    RFA  $  11,000    BYM  $  9,200   
RNJ  $  11,000    RNY  $  11,000    BCK  $  8,200    BNA  $  10,500   
BFY  $  11,200    BBF  $  11,300    BFK  $  13,000    BNY  $  8,600   
BFZ  $  11,700    BAF  $  8,300    BPK  $  7,300    BPP  $  6,200   
BSE  $  8,200    BNJ  $  11,300    BLW  $  10,500    BLH  $  6,600   
BJZ  $  6,700    BHK  $  7,500    BHD  $  10,500    BZA  $  8,100   
BBK  $  8,400    BKK  $  4,400    BIE  $  8,100    BDV(1)  $  6,000   
BFO  $  3,700    BRF  $  6,900    BGT(1)  $  0    BGR(1)  $  0   
BDT(1)  $  6,000    BQY(1)  $  0    BRM  $  8,000           
BLN  $  7,100    BZM  $  8,000    BHY  $  10,500           
BLJ  $  8,000    BFC  $  7,000    BHV  $  8,000           
                               

(1) BDV, BDT, BQY, BGT and BGR have not completed a full fiscal year. However BDV and BDT have nonetheless paid to D&T fees for professional services rendered for tax compliance, tax advice and tax planning.


17


     The aggregate fees billed in the fiscal year preceding the most recent one to each Trust(2) by D&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's, and miscellaneous tax advice. The fees for each Trust were in the following amounts:

BKN  $  1,400    BKT  $  31,500    BAT  $  14,200    BMN  $ 3,200   
BCT  $  26,600    RAA  $  1,400    BLE  $  2,400    BMT  $ 9,200   
BQH  $  8,400    BCL  $  2,400    RFA  $  1,400    BYM  $ 0   
RNJ  $  1,400    RNY  $  2,400    BCK  $  0    BNA  $ 16,600   
BFY  $  2,400    BBF  $  7,700    BFK  $  7,700    BNY  $ 10,700   
BFZ  $  7,700    BAF  $  0    BPK  $  10,200    BPP(2)  $ 25,000   
BSE  $  0    BNJ  $  7,700    BLW(2)  $  0    BLH  $ 10,200   
BJZ  $  10,200    BHK  $  10,400    BHD  $  8,400    BZA  $ 8,400   
BBK  $  8,400    BKK(2)  $  1,500    BIE  $  7,400         
BFO(2)  $  1,500    BRF  $  9,200    BRM  $  9,200         
BLN  $  9,200    BZM  $  8,400    BHY  $  1,400         
BLJ  $  8,400    BFC  $  9,200    BHV  $  8,400         


(2) BPP, BLW, BKK and BFO had not completed their initial fiscal year. However, BPP, BKK and BFO had nonetheless paid to D&T fees for professional services rendered for tax compliance, tax advice, and tax planning. BDV, BDT, BQY, BGT and BGR are not included in the above chart because such Trusts either had not completed their initial fiscal year (period) or had not been formed in fiscal year preceding the most recent one.

AGGREGATE NON-AUDIT FEES

     The aggregate non-audit fees billed in the most recent fiscal year (or period) by D&T for services rendered to the Trusts are in the following amounts:

BKN  $ 19,100    BKT  $ 10,500    BAT  $ 12,000    BMN  $  13,200   
BCT  $ 21,000    RAA  $ 12,800    BLE  $ 15,300    BMT  $  12,000   
BQH  $ 10,100    BCL  $ 13,600    RFA  $ 11,000    BYM  $  12,700   
RNJ  $ 12,800    RNY  $ 12,800    BCK  $ 10,400    BNA  $  10,500   
BFY  $ 13,300    BBF  $ 13,400    BFK  $ 17,000    BNY  $  11,100   
BFZ  $ 14,300    BAF  $ 10,700    BPK  $ 9,700    BPP  $  11,500   
BSE  $ 10,400    BNJ  $ 13,500    BLW  $ 10,500    BLH  $  8,500   
BJZ  $ 8,700    BHK  $ 7,500    BHD  $ 10,500    BZA  $  10,100   
BBK  $ 10,900    BKK  $ 6,900    BIE  $ 10,200    BDV(1)  $  6,000   
BFO  $ 5,700    BRF  $ 9,000    BGT(1)  $ 0    BGR(1)  $  0   
BDT(1)  $ 6,000    BQY(1)  $ 0    BRM  $ 13,100           
BLN  $ 11,400    BZM  $ 10,000    BHY  $ 15,400           
BLJ  $ 10,000    BFC  $ 11,300    BHV  $ 9,900           


(1) BDV, BDT, BQY, BGT and BGR have not completed a full fiscal year.

     The aggregate non-audit fees billed in the fiscal year preceding the most recent one by D&T for services rendered to the Trusts(2) were in the following amounts:

BKN  $  9,400    BKT  $  31,500    BAT  $  14,200    BMN  $ 11,200   
BCT  $  26,600    RAA  $  1,400    BLE  $  12,900    BMT  $ 17,200   
BQH  $  14,400    BCL  $  11,700    RFA  $  1,400    BYM  $ 10,800   
RNJ  $  1,400    RNY  $  2,400    BCK  $  9,100    BNA  $ 16,600   
BFY  $  11,500    BBF  $  13,700    BFK  $  15,000    BNY  $ 16,900   

18


BFZ  $  14,000    BAF  $  9,400    BPK  $ 14,200    BPP  $ 28,000   
BSE  $  9,200    BNJ  $  13,700    BLW  $ 0    BLH  $ 14,200   
BJZ  $  14,200    BHK  $  10,400    BHD  $ 8,400    BZA  $ 14,400   
BBK  $  15,000    BKK  $  4,500    BIE  $ 13,400         
BFO  $  4,500    BRF  $  13,200    BRM  $ 17,200         
BLN  $  17,200    BZM  $  14,300    BHY  $ 6,000         
BLJ  $  14,300    BFC  $  17,200    BHV  $ 14,300         


(2) BDV, BDT, BQY, BGT and BGR are not included in the above chart because such Trusts either had not completed their initial fiscal year (period) or not been formed in the fiscal year preceding the most recent one.

     In addition, the aggregate non-audit fees billed by D&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 $0 for the most recent fiscal year of the Trusts and $0 for the fiscal year preceding the most recent one of the Trusts.

ALL OTHER FEES

     No Trust paid D&T for services other than those described above during the most recent fiscal year (or period) or the fiscal year preceding the most recent one.

AUDIT COMMITTEE'S PRE-APPROVAL POLICIES AND PROCEDURES

     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&T for the Trusts, and all non-audit services provided by D&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.

     The Advisor and affiliates of the Advisor performing services for one or more Trusts paid no fees to D&T in any Trust's most recent fiscal year for services other than those described above or for any other services, including for information systems design and implementation.

PRINCIPAL EXECUTIVE OFFICES

     The principal executive office of each Trust is located at 100 Bellevue Parkway, Wilmington, Delaware 19809.

PRINCIPAL SHAREHOLDERS

     As of February 28, 2005, to the knowledge of each Trust, no person beneficially owned more than 5% of any Trust, except as set forth in the following table:

        AMOUNT OF       
    NAME & ADDRESS OF BENEFICIAL    BENEFICIAL       
TRUST    OWNER    OWNERSHIP    PERCENT OF CLASS  




 
BRM    Karpus Management, Inc.    1,541,728      5.7 %   
    14 Tobey Village Office Park             
    Pittsford, New York 14534             
 
BNA    Wachovia Corporation    5,395,738      15.7 %   
    One Wachovia Center             
    Charlotte, North Carolina 28288-0137             
 
BCT    Karpus Management, Inc.    149,225      5.1 %   
    14 Tobey Village Office Park             
    Pittsford, New York 14534             

19


BAT    Karpus Management, Inc.    1,137,180      12.0 %   
    14 Tobey Village Office Park             
    Pittsford, New York 14534             
 
BAT    SIT Investment Associates, Inc.    859,700      9.0 %   
    4600 Norwest Center             
    90 South Seventh Street             
    Minneapolis, MN 55402             
 
RAA    M.H. Whittier Corporation, James E.    242,400      24.1 %   
    Greene, Arlo G. Sorensen, Michael J.             
    Casey & Whittier Trust Company,             
    1600 Huntington Drive, South             
    Pasadena, California 91030             
 
BLN    Karpus Management, Inc.    1,308,985      11.6 %   
    14 Tobey Village Office Park             
    Pittsford, New York 14534             

      With respect to the above chart, all shares are common shares.

FINANCIAL STATEMENTS AND OTHER INFORMATION

     EACH TRUST WILL FURNISH, WITHOUT CHARGE, A COPY OF SUCH TRUST'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) 227-7BFM (7236)).

     Monthly performance and other information regarding the Trusts may be found on BlackRock's website, which can be accessed at http://www.blackrock.com/indiv/products/closedendfunds/funds.html. This reference to BlackRock's website is intended to allow investors to access information regarding the Trusts and does not, and is not intended to, incorporate BlackRock's website into this Proxy Statement.

SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

     Section 16(a) of the Securities Exchange Act of 1934 and Section 30(h) of the 1940 Act require each Trust's officers and Directors, officers and directors of the Trusts' investment advisor, affiliated persons of the investment advisor, and persons who beneficially own more than 10% of the Trusts' shares to file certain reports of ownership ("Section 16 filings") with the SEC and the New York Stock Exchange or the American Stock Exchange (as applicable) and each of the Trusts. Based upon each Trust's review of the copies of such forms effecting the Section 16 filings received by it, each Trust believes that for its fiscal year ended in 2004, all filings applicable to such persons were completed and filed, except as set forth below. During fiscal year 2004, it came to the attention of the Trusts that due to an administrative oversight, a Form 3 was filed late on behalf of Anne Ackerley for BGR, a Form 4 was filed late on behalf of Andrew Brimmer for BDV and a Form 4 was filed late on behalf of James LaForce for BDV.

PRIVACY PRINCIPLES OF THE TRUSTS

     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.

     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).

20


     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.

DEADLINE FOR SHAREHOLDER PROPOSALS

     Shareholder proposals intended for inclusion in the Trusts' proxy statement in connection with the Trusts' 2006 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's principal executive offices by December 22, 2005. In order for proposals made outside of Rule 14a-8 under the Exchange Act to be considered "timely" within the meaning of Rule 14a-4(c) under the Exchange Act, such proposals must be received by a Trust at the Trust's principal executive offices not later than March 7, 2006.

OTHER MATTERS

     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.

  Very truly yours, 
   
   
  RALPH L. SCHLOSSTEIN 
  Chairman 
   
  ROBERT S. KAPITO 
  President 
   
April 21, 2005  

21


APPENDIX A

A list of the Trusts setting forth each Trust's full name and trading symbol is set forth below:

    TRADING 
NAME    SYMBOL 


THE BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST INC.    BKN 
THE BLACKROCK INSURED MUNICIPAL 2008 TERM TRUST INC.    BRM 
THE BLACKROCK CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.    BFC 
THE BLACKROCK FLORIDA INSURED MUNICIPAL 2008 TERM TRUST    BRF 
THE BLACKROCK NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.    BLN 
THE BLACKROCK BROAD INVESTMENT GRADE 2009 TERM TRUST INC.    BCT 
THE BLACKROCK INCOME TRUST INC.    BKT 
THE BLACKROCK HIGH YIELD TRUST    BHY 
THE BLACKROCK ADVANTAGE TERM TRUST INC.    BAT 
THE BLACKROCK MUNICIPAL TARGET TERM TRUST INC.    BMN 
THE BLACKROCK CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.    RAA 
THE BLACKROCK FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST    RFA 
THE BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.    RNJ 
THE BLACKROCK NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.    RNY 
THE BLACKROCK INCOME OPPORTUNITY TRUST INC.    BNA 
THE BLACKROCK INSURED MUNICIPAL TERM TRUST INC.    BMT 
BLACKROCK FLORIDA MUNICIPAL INCOME TRUST    BBF 
BLACKROCK MUNICIPAL INCOME TRUST    BFK 
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST    BFZ 
BLACKROCK NEW JERSEY MUNICIPAL INCOME TRUST    BNJ 
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST    BNY 
BLACKROCK CALIFORNIA MUNICIPAL 2018 TERM TRUST    BJZ 
BLACKROCK MUNICIPAL 2018 TERM TRUST    BPK 
BLACKROCK NEW YORK MUNICIPAL 2018 TERM TRUST    BLH 
BLACKROCK CORE BOND TRUST    BHK 
BLACKROCK STRATEGIC BOND TRUST    BHD 
BLACKROCK MUNICIPAL BOND TRUST    BBK 
BLACKROCK CALIFORNIA MUNICIPAL BOND TRUST    BZA 
BLACKROCK FLORIDA MUNICIPAL BOND TRUST    BIE 
BLACKROCK MARYLAND MUNICIPAL BOND TRUST    BZM 
BLACKROCK NEW JERSEY MUNICIPAL BOND TRUST    BLJ 
BLACKROCK NEW YORK MUNICIPAL BOND TRUST    BQH 
BLACKROCK VIRGINIA MUNICIPAL BOND TRUST    BHV 
BLACKROCK MUNICIPAL INCOME TRUST II    BLE 
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST II    BCL 
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST II    BFY 
BLACKROCK INSURED MUNICIPAL INCOME TRUST    BYM 
BLACKROCK CALIFORNIA INSURED MUNICIPAL INCOME TRUST    BCK 
BLACKROCK FLORIDA INSURED MUNICIPAL INCOME TRUST    BAF 
BLACKROCK NEW YORK INSURED MUNICIPAL INCOME TRUST    BSE 
BLACKROCK PREFERRED OPPORTUNITY TRUST    BPP 
BLACKROCK LIMITED DURATION INCOME TRUST    BLW 
BLACKROCK MUNICIPAL 2020 TERM TRUST    BKK 
BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST    BFO 
BLACKROCK DIVIDEND ACHIEVERS(TM) TRUST    BDV 
BLACKROCK STRATEGIC DIVIDEND ACHIEVERS(TM) TRUST    BDT 
S&P QUALITY RANKINGS GLOBAL EQUITY MANAGED TRUST    BQY 
BLACKROCK GLOBAL FLOATING RATE INCOME TRUST    BGT 
BLACKROCK GLOBAL ENERGY AND RESOURCES TRUST    BGR 

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APPENDIX B

OUTSTANDING SHARES

The following table sets forth the number of outstanding shares for each Trust at the close of business on February 28, 2005:

    OUTSTANDING SHARES OF    OUTSTANDING SHARES OF 
TRUST   COMMON STOCK    PREFERRED STOCK 



BKN    16,707,093      5,862   
BRM    27,207,093      10,840   
BFC    10,407,093      4,182   
BRF    8,707,093      3,366   
BLN    11,257,093      4,382   
BCT    2,957,093      --   
BKT    63,828,628      --   
BHY    6,406,386      --   
BAT    9,510,667      --   
BMN    45,410,639      11,964   
RAA    1,007,093      300   
RFA    1,127,093      340   
RNJ    1,007,093      300   
RNY    1,307,093      392   
BNA    34,449,693      --   
BMT    25,885,639      6,816   
BBF    6,646,343      2,302   
BFK    43,588,385      15,005   
BFZ    14,985,501      5,278   
BNJ    7,414,793      2,552   
BNY    12,521,494      4,390   
BJZ    6,433,028      2,221   
BPK    15,908,028      5,504   
BLH    3,633,028      1,256   
BHK    27,018,774      --   
BHD    7,052,414      --   
BBK    10,123,055      3,620   
BZA    3,351,150      1,199   
BIE    3,309,483      1,191   
BZM    2,015,589      720   
BLJ    2,269,366      809   
BQH    2,700,991      968   
BHV    1,524,794      541   
BLE    22,781,072      8,222   
BCL    7,984,696      2,878   
BFY    4,937,652      1,786   
BYM    26,149,334      9,159   
BCK    5,270,479      1,860   
BAF    8,721,409      3,040   
BSE    6,448,651      2,240   
BPP    18,305,777      8,832   
BLW    36,768,498      --   
BKK    20,236,628      7,104   
BFO    5,562,128      1,956   
BDV    54,518,315      --   
BDT    26,908,028      --   
BQY    6,033,028      --   
BGT    23,481,021      9,738   
BGR    29,766,217      --   

For each Trust in the above table, the class or classes of shares listed above are the only authorized class or classes of shares.

B-1


APPENDIX C

JOINT AUDIT COMMITTEE CHARTER
OF
THE BLACKROCK CLOSED-END FUNDS

AS APPROVED BY THE GOVERNANCE COMMITTEE
FEBRUARY 2005
1


I.  PURPOSE OF THE AUDIT COMMITTEE

     The purpose of the Audit Committee (the "Audit Committee") of the Board of Trustees/Directors (the "Board") of each BlackRock Closed-End Fund and BlackRock Bond Allocation Target Shares (each a "Trust")2 is to provide assistance to the Board in fulfilling its legal and fiduciary obligations with respect to matters involving the accounting, auditing, financial reporting and internal control functions of the Trust, including, without limitation, (a) assisting the Board's oversight of (i) the integrity of the Trust's financial statements, (ii) the Trust's compliance with legal and regulatory requirements, and (iii) the qualifications and independence of the Trust's independent registered public accounting firm (the "Independent Auditor"), and (b) preparing the report required to be prepared by the Audit Committee pursuant to the rules of the Securities and Exchange Commission (the "SEC") for inclusion in the Trust's annual proxy statement, if any.

II.  COMPOSITION OF THE AUDIT COMMITTEE

     The Audit Committee shall be comprised of three or more trustees/directors as determined from time to time by resolution of the Trust's Governance Committee. Each member of the Audit Committee shall be qualified to serve on the Audit Committee pursuant to the requirements of the Sarbanes - Oxley Act of 2002 (the "Act") and the rules and regulations promulgated by the SEC pursuant to the Act and by the New York Stock Exchange (the "NYSE") or the American Stock Exchange (the "AMEX"), as applicable. Each member of the Audit Committee shall be "independent" as defined by the rules promulgated by the SEC pursuant to the Act and the NYSE or AMEX listing standards depending on the securities exchange on which the respective Trust's common shares are listed for trading. If a Trust's common shares are not listed for trading on a securities exchange, the members of that Trust's Audit Committee shall be "independent" as defined by the NYSE listing standards.

     According to the rules and regulations promulgated by the SEC pursuant to the Act and by the NYSE, a member is independent if he or she, other than in his or her capacity as a member of the Board, the Audit Committee or any other board committee, (a) does not accept directly or indirectly any consulting, advisory or other compensatory fee from the Trust, other than receipt of pension or other forms of deferred compensation from the Trust for prior service, so long as such compensation is not contingent in any way on continued service, and (b) is not an "interested person" of the Trust (an "Independent Trustee") as defined in Section 2(a)(19) of the Investment Company Act of 1940 (the "1940 Act").

     According to the AMEX listing standards, a member is independent if he or she is not an officer or employee of the Trust or a person having a relationship which, in the opinion of the Board, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director and (a) is not employed by the Trust or BlackRock during the current year or any of the past three years, (b) did not receive compensation from the Trust or BlackRock in excess of $60,000 during the previous year, other than as compensation for board service, benefits under a tax-qualified retirement plan or non-discretionary compensation, (c) does not have an immediate family member who is, or has been in any of the past three years, employed by the Trust or BlackRock, (d) is not a partner in, or controlling shareholder or executive officer of, any for-profit business organization


1 This Joint Audit Committee Charter supersedes and replaces all prior versions that may have been adopted from time to time.
 
2 Solely for the sake of clarity and simplicity, this Joint Audit Committee Charter has been drafted as if there is a single Trust, a single Audit Committee, a single Governance Committee and a single Board. The terms "Audit Committee," "Governance Committee," "Independent Trustees" and "Board" mean the Audit Committee, the Governance Committee, Independent Trustees and the Board of each Trust, respectively, unless the context otherwise requires. The Audit Committee, the Governance Committee and the Board of each Trust, however, shall act separately and in the best interests of its respective Trust.

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which received payments from or made payments to the Trust in excess of the greater of 5% of such organization's gross revenue or $200,000 in any of the past three years, and (e) is not employed as an executive of another entity for which any of the Trust's or BlackRock's executives serve on that entity's compensation committee.

     No member of the Board may serve as a member of the Audit Committee if the member serves on the audit committee of more than two other public companies, unless the Board determines that such simultaneous service would not impair the ability of the member to effectively serve on the Audit Committee.

     Each member of the Audit Committee must be "financially literate" (as such term is defined from time-to-time by the NYSE/AMEX rules) as such qualification is interpreted by the Board in its business judgment, or must become financially literate within a reasonable period of time after his or her appointment to the Audit Committee. In addition, at least one member of the Audit Committee must have "accounting or related financial management expertise" (as such term is defined by the NYSE rules) as the Board interprets such qualification in its business judgment. Further, either (a) at least one member of the Audit Committee must be determined to be an "audit committee financial expert" (as such term is defined in the rules and regulations promulgated by the SEC pursuant to the Act) by the Board, or (b) if no member of the Audit Committee is an "audit committee financial expert," such fact must be disclosed in the Trust's annual report filed with the SEC. The Audit Committee shall recommend to the Board whether one or more of its members should be deemed to be an "audit committee financial expert" or, if not, why not, and the Board shall make the final determinations in this regard.

     The chairperson of the Audit Committee shall be designated by the Trust's Governance Committee, PROVIDED THAT if the Governance Committee does not designate a chairperson, the members of the Audit Committee, by a majority vote, may designate a chairperson.

     Any vacancy on the Audit Committee shall be filled by the affirmative vote of a majority of the members of the Governance Committee at the next meeting of the Governance Committee following the occurrence of the vacancy. No member of the Audit Committee shall be removed except by the affirmative vote of a majority of the members of the Governance Committee.

III.  MEETINGS OF THE AUDIT COMMITTEE

     The Audit Committee shall fix its own rules of procedure, which shall be consistent with the Declaration of Trust of the Trust (or other charter document of the Trust), the By-Laws of the Trust and this Audit Committee Charter. The Audit Committee shall meet on a regular basis and special meetings shall be called as circumstances require. The Audit Committee, in its discretion, may ask members of management or others to attend its meetings (or portions thereof) and to provide pertinent information as necessary. The Audit Committee shall meet separately on a periodic basis with (a) the chief financial officer of the Trust, (b) management of BlackRock responsible for assisting with the preparation of the Trust's financial statements and (c) the Independent Auditor, in each case to discuss any matters that the Audit Committee or any of the above persons or firms believe should be discussed privately. The Audit Committee shall fix its own rules of procedure, which shall be consistent with the Declaration of Trust of the Trust, the By-Laws of the Trust and this Audit Committee Charter.

     A majority of the members of the Audit Committee present in person or by means of a conference telephone or other communication equipment by means of which all persons participating in the meeting can communicate with each other shall constitute a quorum, PROVIDED THAT, once annually, at the meeting for selecting the Independent Auditor, a majority of the members of the Audit Committee present in person shall constitute a quorum.

     The Audit Committee may also take action by the written consent of a majority of its members, except to the extent an in-person meeting is required by the preceding sentence or required by applicable law.

     For the sake of increased efficiency and for the dissemination of knowledge throughout the closed-end fund complex, each Audit Committee may meet jointly with any other Audit Committee in the closed-end fund complex.

     The Audit Committee shall cause to be maintained minutes of all meetings and records relating to those meetings and provide copies of such minutes to the Board and the Trust.

IV.  AUTHORITY

     The Audit Committee shall have the authority to carry out its duties and responsibilities as set forth in this Joint Audit Committee Charter, to institute investigations of suspected improprieties and to retain independent counsel or seek assistance from experts.

C-2


V.  DUTIES AND RESPONSIBILITIES OF THE AUDIT COMMITTEE

     In carrying out its duties and responsibilities, the Audit Committee's policies and procedures will remain flexible, so that it may be in a position to best react or respond to changing circumstances or conditions. The following are the duties and responsibilities of the Audit Committee:

(a) Oversight of the Auditor's Engagement/Independence
 
  (i) Approve the selection and retention (subject to ratification by a majority of the Independent Trustees), termination and compensation of the Independent Auditor to audit the books and accounts of the Trust and its subsidiaries, if any, for each fiscal year;
 
  (ii) Review and, in its sole discretion, approve in advance the Independent Auditor's annual engagement letter, including the proposed fees contained therein;
 
  (iii) Pre-approve (A) all engagements for audit and non-audit services to be provided by the Independent Auditor to the Trust and (B) all engagements for non-audit services to be provided by the Independent Auditor (1) to BAI or (2) to any entity controlling, controlled by or under common control with BAI that provides ongoing services to the Trust; but in the case of the services described in subsection (B)(1) or (2), only if the engagement relates directly to the operations and financial reporting of the Trust (clauses (A) and (B), collectively, the "Covered Services" and the entities referred to in clause (B), collectively, the "Covered Entities"); provided that pre-approval by the Audit Committee of Covered Services may be effected pursuant to the procedures described below in Section VI captioned "PRE-APPROVAL PROCEDURES"; provided that this Audit Committee Charter shall not be violated if pre-approval of any non-audit Covered Service is not obtained in circumstances in which the pre-approval requirement is waived under rules promulgated by the SEC under the Act or the NYSE or Amex listing standards;
 
  (iv) Obtain at least annually from the Independent Auditor and review a report describing:
 
   (A) the Independent Auditor's internal quality-control procedures; and
 
   (B) any material issues raised by the most recent internal quality-control review of the Independent Auditor, or by any inquiry or investigation by any governmental or professional authority, within the preceding five years, respecting one or more independent audits carried out by the Independent Auditor, and any steps taken to deal with any such issues;
 
  (v) Obtain quarterly "notice reports" for the Trust (and, if the quarterly communication is not within 90 days prior to the filing of an audit report with the SEC for the Trust, provide an update with any changes to the previously reported information) from the Independent Auditor and review a report notifying the Audit Committee of all audit and non-audit services that were not pre-approved by the Trust's Audit Committee provided (A) to BAI, (B) to any entity controlling, controlled by or under common control with BAI, and (C) to any registered or unregistered investment company advised by an investment advisor included in subsection (A) or (B) of this paragraph. In the interval between scheduled meetings of the Audit Committee, the Independent Auditor shall provide such "notice reports" or updates to the Chairman of the Audit Committee. Such disclosure shall include the fees associated with any services described in this paragraph;
 
  (vi) Review at least annually the qualifications, performance and independence of the Independent Auditor, including the performance of the lead partner of the Independent Auditor, and, in its discretion, make decisions regarding the replacement or termination of the Independent Auditor when circumstances warrant;
 
  (vii) Oversee the independence of the Independent Auditor by, among other things:
 
   (A) actively engaging in a dialogue with the Independent Auditor with respect to any disclosed relationships or services that may impact the objectivity and independence of the Independent Auditor, and taking appropriate action to satisfy itself of the auditor's independence;
 

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    (B) monitoring compliance by the Independent Auditor with the audit partner rotation requirements contained in the Act and the rules and regulations promulgated by the SEC thereunder;
 
   (C) monitoring compliance by the Trust, BlackRock and the Independent Auditor with the employee conflict of interest requirements contained in the Act and the rules and regulations promulgated by the SEC thereunder; and
 
   (D) considering whether there should be a regular rotation of the Independent Auditor; and
 
  (viii) Instruct the Independent Auditor that it is ultimately accountable to the Audit Committee, and that the Audit Committee is responsible for the appointment (subject to ratification by the Independent Trustees), retention, compensation, evaluation and termination of the Independent Auditor.
 
(b) Oversight of the Audit
 
  (i) Review the annual audit plan of the Independent Auditor, including the scope of audit activities, monitor such plan's progress, changes thereto and results periodically during the year and review the results of the year-end audit of the Trust, including any comments or recommendations of the Independent Auditor;
 
  (ii) Obtain at least annually for the Trust from the Independent Auditor and review a report describing:
 
   (A) all critical accounting policies and practices used;
 
   (B) all alternative treatments within United States Generally Accepted Accounting Principles for policies and practices related to material items that have been discussed with management of the Trust, including (1) ramifications of the use of such alternative disclosures and treatments, and (2) the treatment preferred by the Independent Auditor; and
 
   (C) other material written communications between the Independent Auditor and management of the Trust, such as any management letter or schedule of unadjusted differences;
 
  (iii) Review with the chief financial officer of the Trust and management of BlackRock responsible for assisting with the preparation of the Trust's financial statements and the Independent Auditor, the following:
 
   (A) the Trust's annual audited financial statements and interim financial statements, and any major issues related thereto;
 
   (B) critical accounting policies and such other accounting policies of the Trust as are deemed appropriate for review by the Audit Committee prior to any interim or year-end filings with the SEC or other regulatory body, including any financial reporting issues which could have a material impact on the Trust's financial statements; and
 
   (C) the effect of regulatory, accounting and financial reporting initiatives on the financial statements of the Trust;
 
  (iv) Review on a regular basis with the Independent Auditor any problems or difficulties encountered by the Independent Auditor in the course of any audit work, including management's response with respect thereto, any restrictions on the scope of the Independent Auditor's activities or on access to requested information, and any significant disagreements with management. In connection therewith, the Audit Committee will review with the Independent Auditor the following:
 
   (A) any accounting adjustments that were noted or proposed by the Independent Auditor but were rejected by management (as immaterial or otherwise);
 
   (B) any communications between the audit team and the Independent Auditor's national office respecting auditing or accounting issues presented by the engagement; and

C-4


    (C) any "management" or "internal control" letter issued, or proposed to be issued, by the Independent Auditor to the Trust;
 
  (v) Attempt to resolve all disagreements between the Independent Auditor and management regarding financial reporting; and
 
  (vi) Review information obtained from the Independent Auditor pursuant to Section 10A of the Securities Exchange Act of 1934.
 
(c) Oversight of Controls and Procedures
 
  (i) Review periodically a report from the Trust's chief executive officer, chief financial officer and Independent Auditor, at least annually, regarding the following:
 
   (A) all significant deficiencies in the design or operation of internal controls of the Trust, any entity in the investment company complex (as such term is defined in Regulation S-X promulgated by the SEC) that is responsible for the financial reporting or operations of the Trust (the "Related Entities"), or, to the knowledge of such persons, other service providers, which could adversely affect the Trust's ability to record, process, summarize, and report financial data, including any material weaknesses in internal controls identified by the Independent Auditor;
 
   (B) any fraud, whether or not material, that involves management or other employees of the Trust, the Related Entities, or, to the knowledge of such persons, other service providers to the Trust who have a significant role in the Trust's internal controls; and
 
   (C) any significant changes in internal controls or in other factors that could significantly affect internal controls, including any corrective actions with regard to significant deficiencies and material weaknesses related to the Trust, the Related Entities, or, to the knowledge of such persons, other service providers to the Trust.
 
(d) Compliance
 
  (i) Establish and maintain free and open means of communication between and among the Board, the Audit Committee, the Independent Auditor, the Trust's management, including the chief financial officer, management of BlackRock and management of those service providers of the Trust deemed appropriate by the Audit Committee, including providing such parties with appropriate opportunities to meet separately and privately with the Audit Committee on a periodic basis as the Audit Committee may deem necessary or appropriate;
 
  (ii) Establish procedures for (A) the receipt, retention and treatment of complaints received by the Trust regarding accounting, internal accounting controls or auditing matters, and (B) the confidential, anonymous submission by employees of the Related Entities, other service providers responsible for such services, including the custodian and transfer agent, or other persons of concern regarding questionable accounting or auditing matters; and (iii) Secure independent expert advice to the extent the Audit Committee determines it to be appropriate, including retaining, with or without approval of the Board, independent counsel, accountants, consultants or others, to assist the Audit Committee in fulfilling its duties and responsibilities, the cost of such independent expert advisors to be borne by the Trust.
 
(e) Miscellaneous
 
  (i) Prepare an annual performance evaluation of the Audit Committee, which evaluation must compare the performance of the Audit Committee with the requirements of this Joint Audit Committee Charter, and set forth the goals and objectives of the Audit Committee for the upcoming year. The evaluation will include a review and assessment of the adequacy of this Audit Committee Joint Charter. The performance evaluation by the Audit Committee shall be conducted in such manner as the Audit Committee deems appropriate;
 
  (ii) Report regularly to the Board on its activities, as appropriate;

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  (iii) Discuss the Trust's financial information provided to analysts and rating agencies;
 
  (iv) Discuss policies with respect to risk assessment and risk management; and
 
  (v) Perform such additional activities, and consider such other matters, within the scope of its duties and responsibilities, as the Audit Committee, the Governance Committee or the Board deems necessary or appropriate.

VI.  PRE-APPROVAL PROCEDURES

     The Audit Committee shall prepare written pre-approval procedures pursuant to which it may pre-approve Covered Services. The Audit Committee, in its discretion, may elect to delegate to one or more of its members authority to pre-approve Covered Services between regularly scheduled meetings of the Audit Committee. The Audit Committee shall review and approve its pre-approval procedures at least annually.

VII.  REPORTING

     The Audit Committee shall report its activities to the Board on a regular basis, so that the Board is kept informed of its activities on a current basis. In connection therewith, the Audit Committee will review with the Board any issues that arise with respect to the quality or integrity of the Trust's financial statements, the Trust's compliance with legal or regulatory requirements, the performance and independence of the Independent Auditors. In particular, the Audit Committee will also report to the Board its conclusions with respect to matters the Audit Committee considers to be of interest or the Governance Committee or the Board requests. Reports to the Board may take the form of an oral report by the chairperson of the Audit Committee or any other member of the Audit Committee designated by the Audit Committee to make this report.

     The Audit Committee shall prepare the report required by the rules of the SEC to be included in the Trust's annual proxy statement and determine to its satisfaction that the Audit Committee has: (a) reviewed and discussed the audited financial statements with management of the Trust; (b) discussed with the Independent Auditor the matters required to be discussed by the Statements on Auditing Standards No. 61, as amended; (c) received the written disclosures and the letter from the Independent Auditor required by ISB Standard No. 1 and have discussed with the Independent Auditor the auditor's independence; and (d) made a recommendation to the Board as to whether the financial statements be included in the Trust's annual report for the past fiscal year, as filed with the SEC.

VIII.  RESOURCES

     The Board shall ensure that the Audit Committee has adequate resources, as determined by the Audit Committee, with which to discharge its responsibilities, including for the payment of (a) compensation (i) to any firm of independent auditors engaged for the purpose of preparing or issuing an audit report or performing other audit, review or attest services for the Trust, and (ii) to any advisors employed by the Audit Committee, including independent counsel, consultants or other advisors, as the Audit Committee determines necessary to carry out its duties, and (b) ordinary administrative expenses of the Audit Committee that are necessary or appropriate in carrying out its duties.

IX.  LIMITS ON ROLE OF AUDIT COMMITTEE

     While the Audit Committee has the duties and responsibilities set forth in this Joint Audit Committee Charter, the Audit Committee is not responsible for:

  • planning or conducting the audit or for determining whether the Trust's financial statements are complete and accurate and are in accordance with Generally Accepted Accounting Principles;
  • determining whether the Form N-CSR filed by the Trust with the SEC contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by the report;
  • determining whether the Trust's financial statements and other financial information included in the Form N-CSR fairly present in all material respects the financial condition, results of operations, changes in net assets and cash flows of the Trust as of, and for, the periods presented in the Form N-CSR; or

C-6


  • establishing, designing or maintaining disclosure controls and procedures for the Trust.

     In fulfilling its responsibilities hereunder, it is recognized that members of the Audit Committee are not full-time employees of the Trust or BlackRock. The Audit Committee and its members do not have a duty or responsibility to conduct "field work" or other types of auditing or accounting reviews or procedures or to set auditor independence standards, and each member of the Audit Committee shall be entitled to rely on (a) the integrity of those persons and organizations within and outside the Trust, BlackRock and service providers to the Trust from which it receives information, (b) the accuracy of the financial and other information provided to the Audit Committee absent actual knowledge to the contrary (which shall be promptly reported to the Board) and (c) statements made by management or third parties as to any information technology, internal audit and other non-audit services provided by the Independent Auditor to the Trust.

C-7


APPENDIX D

DIRECTORS' SHARE HOLDINGS

     The following chart lists the number of shares beneficially owned and the number of share equivalents owned by the Directors in the Fund Complex pursuant to the Directors' deferred compensation plan as of February 28, 2005. If a Trust is not listed, the Director does not own any shares or share equivalents of the Trust.

        TRUST SHARES    SHARE    % OF SHARES  
DIRECTOR    TRUST    OWNED    EQUIVALENTS(1)    OUTSTANDING  





 
INTERESTED DIRECTORS:                     
Ralph L. Schlosstein    BKT    6,000                 ----      (2)  
    BAT    100                 ----       
    BMN    100                 ----       
    BMT    100                 ----       
    BRM    100                 ----       
    BKN    100                 ----       
    BCT    100                 ----       
    BSD    100                 ----       
    BHY    1,000                 ----       
    BNA    1,500                 ----       
    BFK    100                 ----       
    BPK    100                 ----       
    BHK    100                 ----       
    RNJ    100                 ----       
    BLN    100                 ----       
    BNY    100                 ----       
    BLH    100                 ----       
    BHD    100                 ----       
    BBK    100                 ----       
    BLE    100                 ----       
    BYM    100                 ----       
    BQH    100                 ----       
    BFY    100                 ----       
    BSE    100                 ----       
    BPP    111                 ----       
    BLW    110                 ----       
    BKK    108                 ----       
    BDV    106                 ----       
    BDT    103                 ----       
    BQY    104                 ----       
    BGT    100                 ----       
    BGR    100                 ----       
Robert S. Kapito    BKT    1,880                 ----      (2)  
    BAT    10                 ----       
    BMN    10                 ----       
    BMT    10                 ----       

D-1


        TRUST SHARES    SHARE    % OF SHARES  
DIRECTOR    TRUST    OWNED    EQUIVALENTS(1)    OUTSTANDING  





 
Robert S. Kapito    BRM    10      ----       
(continued)    BKN    20,610      ----       
    BCT    10      ----       
    BSD    10,010      ----       
    BHY    10      ----       
    BNA    10      ----       
    BFK    10,010      ----       
    BPK    25,010      ----       
    BHK    10      ----       
    RNJ    1,000      ----       
    BNJ    45,000      ----       
    BHD    1,000      ----       
    BBK    1,000      ----       
    BLE    36,000      ----       
    BYM    100      ----       
    BLJ    1,000      ----       
    BPP    1,000      ----       
    BLW    1,000      ----       
    BKK    1,000      ----       
    BDV    1,000      ----       
    BDT    500      ----       
    BDV    500      ----       
    BGT    1,000      ----       
    BGR    1,000      ----       
INDEPENDENT DIRECTORS:                     
Andrew F. Brimmer    BKT    150      4,055      (2)  
    BAT    10      2,716       
    BMN    10      ----       
    BMT    10      ----       
    BRM    10      ----       
    BKN    10      ----       
    BCT    20      1,955       
    BSD    25      ----       
    BHY    200      2,787       
    BNA    10      2,726       
    BFK    100      ----       
    BPK    25      ----       
    BHK    25      1,205       
    BHD    25      1,051       
    BBK    25      ----       
    BLE    50      ----       
    BYM    50      ----       
    BPP    10      ----       
    BLW    10      ----       

D-2


        TRUST SHARES    SHARE    % OF SHARES  
DIRECTOR    TRUST    OWNED    EQUIVALENTS(1)    OUTSTANDING  





 
Andrew F. Brimmer    BKK    10      ----       
(continued)    BDV    30      ----       
    BDT    25      ----       
    BQY    25      ----       
    BGT    25      ----       
    BGR    10      ----       
Richard E. Cavanagh    BKT    500      7,891      (2)  
    BAT    100      1,373       
    BMN    100      ----       
    BMT    100      ----       
    BRM    100      ----       
    BKN    500      ----       
    BCT    100      909       
    BSD    500      ----       
    BHY    200      5,520       
    BNA    100      1,444       
    BFK    300      ----       
    BPK    300      ----       
    BHK    500      1,061       
    BLN    100      ----       
    RNY    100      ----       
    BNY    300      ----       
    BLH    100      ----       
    BHD    300      945       
    BBK    100      ----       
    BLE    100      ----       
    BYM    200      ----       
    BQH    100      ----       
    BFY    100      ----       
    BSE    200      ----       
    BPP    100      ----       
    BLW    100      ----       
    BKK    100      ----       
    BDV    100      ----       
    BDT    100      ----       
    BQY    100      ----       
    BGT    200      ----       
    BGR    100      ----       
Kent Dixon    BKT    100      2,003      (2)  
    BAT    100      1,359       
    BMN    100      ----       
    BMT    100      ----       
    BRM    100      ----       
    BKN    100      ----       

D-3


 

        TRUST SHARES    SHARE    % OF SHARES  
DIRECTOR    TRUST    OWNED    EQUIVALENTS(1)    OUTSTANDING  





 
Kent Dixon    BCT    100      898       
(continued)    BSD    100      ----       
    BHY    5,000      1,518       
    BNA    100      1,315       
    BFK    5,100      ----       
    BPK    100      ----       
    BHK    100      1,059       
    BRF    100      ----       
    RFA    100      ----       
    BBF    2,100      ----       
    BHD    100      935       
    BBK    5,000      ----       
    BLE    100      ----       
    BYM    5,100      ----       
    BIE    100      ----       
    BAF    100      ----       
    BPP    100      ----       
    BLW    1,000      ----       
    BKK    100      ----       
    BFO    100      ----       
    BDV    2,000      ----       
    BDT    100      ----       
    BQY    100      ----       
    BGT    500      ----       
    BGR    500      ----       
Frank J. Fabozzi    BKT    2,010      1,463      (2)  
    BAT    10      973       
    BMN    10      ----       
    BMT    10      ----       
    BRM    10      ----       
    BKN    10      ----       
    BCT    10      665       
    BSD    100      ----       
    BHY    10      1,107       
    BNA    10      971       
    BFK    20      ----       
    BPK    20      ----       
    BHK    20      778       
    BPS    100      ----       
    BHD    100      671       
    BBK    20      ----       
    BLE    10      ----       
    BYM    10      ----       
    BPP    100      ----       

D-4


 

        TRUST SHARES    SHARE    % OF SHARES  
DIRECTOR    TRUST    OWNED    EQUIVALENTS(1)    OUTSTANDING  





 
Frank J. Fabozzi    BLW    100                 ----       
(continued)    BKK    100                 ----       
    BDV    300                 ----       
    BDT    100                 ----       
    BQY    100                 ----       
    BGT    100                 ----       
    BGR    100                 ----       
Kathleen F. Feldstein    BKT    50                 ----      (2)  
    BAT    50                 ----       
    BMN    50                 ----       
    BMT    50                 ----       
    BRM    50                 ----       
    BKN    50                 ----       
    BCT    50                 ----       
    BSD    50                 ----       
    BHY    50                 ----       
    BNA    50                 ----       
    BFK    50                 ----       
    BPK    50                 ----       
    BHK    50                 ----       
    BHD    50                 ----       
    BBK    50                 ----       
    BLE    50                 ----       
    BYM    50                 ----       
    BPP    50                 ----       
    BLW    50                 ----       
    BKK    50                 ----       
    BDV    50                 ----       
    BDT    50                 ----       
    BQY    51                 ----       
    BGT    50                 ----       
    BGR    50                 ----       
R. Glenn Hubbard    BKT    101                 528      (2)  
    BAT    101                 371       
    BMN    100                 ----       
    BMT    100                 ----       
    BRM    100                 ----       
    BKN    100                 ----       
    BCT    100                 246       
    BSD    100                 ----       
    BHY    101                 393       
    BNA    101                 347       
    BFK    100                 ----       
    BPK    100                 ----       

D-5


        TRUST SHARES    SHARE    % OF SHARES  
DIRECTOR    TRUST    OWNED    EQUIVALENTS(1)    OUTSTANDING  





 
R. Glenn Hubbard    BHK    101      275       
(continued)    BLN    100      ----       
    RNY    100      ----       
    BNY    100      ----       
    BLH    100      ----       
    BHD    101      221       
    BBK    100      ----       
    BLE    100      ----       
    BYM    100      ----       
    BQH    100      ----       
    BFY    100      ----       
    BSE    100      ----       
    BPP    101      ----       
    BLW    101      ----       
    BKK    100      ----       
    BDV    100      ----       
    BDT    100      ----       
    BQY    101      ----       
    BGT    100      ----       
    BGR    100      ----       
James Clayburn La Force, Jr.    BKT    10      21,352      (2)  
    BAT    10      13,299       
    BMN    10      ----       
    BMT    10      ----       
    BRM    10      ----       
    BKN    10      ----       
    BCT    10      9,645       
    BSD    750      ----       
    BHY    1,000      10,988       
    BNA    10      14,372       
    BFK    100      ----       
    BPK    100      ----       
    BHK    100      5,197       
    BFC    3,410      ----       
    RAA    10      ----       
    BFZ    100      ----       
    BJZ    100      ----       
    BHD    50      4,547       
    BBK    50      ----       
    BLE    50      ----       
    BYM    1,000      ----       
    BZA    6,665      ----       
    BCL    50      ----       
    BCK    1,000      ----       

D-6


        TRUST SHARES    SHARE    % OF SHARES  
DIRECTOR    TRUST    OWNED    EQUIVALENTS(1)    OUTSTANDING  





 

 

        TRUST SHARES    SHARE    % OF SHARES  
DIRECTOR    TRUST    OWNED    EQUIVALENTS(1)    OUTSTANDING  





 
James Clayburn La Force, Jr.    BPP    100      ----       
(continued)    BLW    300      ----       
    BKK    300      ----       
    BDV    200      ----       
    BDT    310      ----       
    BQY    200      ----       
    BGT    300      ----       
    BGR    100      ----       
Walter F. Mondale    BKT    20      7,190      (2)  
    BAT    20      4,688       
    BMN    1,020      ----       
    BMT    1,020      ----       
    BRM    20      ----       
    BKN    20      ----       
    BCT    20      3,158       
    BSD    20      ----       
    BHY    275      ----       
    BNA    20      4,821       
    BFK    20      ----       
    BPK    1,000      ----       
    BHK    1,000      1,486       
    BHD    20      1,148       
    BBK    20      ----       
    BLE    20      ----       
    BYM    50      ----       
    BPP    50      ----       
    BLW    30      ----       
    BKK    30      ----       
    BDV    50      ----       
    BDT    50      ----       
    BQY    50      ----       
    BGT    20      ----       
    BGR    10      ----       


(1)      Represents, as of February 28, 2005, 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, BAT, BCT, BHY, BKT, BNA, BHD and BHK are eligible investments. Messrs. Schlosstein and Kapito are not eligible to participate in the deferred compensation plan.
 
(2)      Less than 1% of each Trust listed.

D-7


APPENDIX E

     The following table sets forth the dollar range of equity securities beneficially owned and share equivalents held in the Fund Complex by each Director as of February 28, 2005. If a Trust is not listed, the Director does not own any shares of the Trust.

                        AGGREGATE DOLLAR 
            AGGREGATE            RANGE OF EQUITY 
            DOLLAR RANGE OF    DOLLAR RANGE OF    SECURITIES AND 
    DOLLAR RANGE OF EQUITY    EQUITY SECURITIES     SHARE EQUIVALENTS IN    SHARE EQUIVALENTS 
    SECURITIES IN EACH TRUST(1)    OF ALL TRUSTS(1)    EACH TRUSTS(1)    OF ALL TRUSTS(1) 
   
 
 
 
                 NAME    TRUST   DOLLAR RANGE        TRUST   DOLLAR RANGE     

 
 
     
 
   
                     
INTERESTED DIRECTORS:                     
Ralph L. Schlosstein    BKT    $10,001-$50,000    Over $100,000    BKT    ----    Over $100,000(1) 
    BAT    $1-$10,000        BAT    ----     
    BMN    $1-$10,000        BMN    ----     
    BMT    $1-$10,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    $1-$10,000        BKN    ----     
    BCT    $1-$10,000        BCT    ----     
    BSD    $1-$10,000        BSD    ----     
    BHY    $1-$10,000        BHY    ----     
    BNA    $10,001-$50,000        BNA    ----     
    BFK    $1-$10,000        BFK    ----     
    BPK    $1-$10,000        BPK    ----     
    BHK    $1-$10,000        BHK    ----     
    RNJ    $1-$10,000        RNJ    ----     
    BLN    $1-$10,000        BLN    ----     
    BNY    $1-$10,000        BNY    ----     
    BLH    $1-$10,000        BLH    ----     
    BHD    $1-$10,000        BHD    ----     
    BBK    $1-$10,000        BBK    ----     
    BLE    $1-$10,000        BLE    ----     
    BYM    $1-$10,000        BYM    ----     
    BQH    $1-$10,000        BQH    ----     
    BFY    $1-$10,000        BFY    ----     
    BSE    $1-$10,000        BSE    ----     
    BPP    $1-$10,000        BPP    ----     
    BLW    $1-$10,000        BLW    ----     
    BKK    $1-$10,000        BKK    ----     
    BDV    $1-$10,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     
    BQY    $1-$10,000        BQY    ----     
    BGT    $1-$10,000        BGT    ----     
    BGR    $1-$10,000        BGR    ----     
Robert S. Kapito    BKT    $10,001-$50,000    Over $100,000    BKT    ----    Over $100,000(1) 

E-1


                        AGGREGATE DOLLAR 
            AGGREGATE            RANGE OF EQUITY 
            DOLLAR RANGE OF    DOLLAR RANGE OF    SECURITIES AND 
    DOLLAR RANGE OF EQUITY    EQUITY SECURITIES     SHARE EQUIVALENTS IN    SHARE EQUIVALENTS 
    SECURITIES IN EACH TRUST(1)    OF ALL TRUSTS(1)    EACH TRUST(1)    OF ALL TRUSTS(1) 
   
 
 
 
                 NAME    TRUST   DOLLAR RANGE        TRUST   DOLLAR RANGE     

 
 
     
 
   
                     
Robert S. Kapito    BAT    $1-$10,000        BAT    ----     
(continued)    BMN    $1-$10,000        BMN    ----     
    BMT    $1-$10,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    Over $100,000        BKN    ----     
    BCT    1-$10,000        BCT    ----     
    BSD    Over $100,000        BSD    ----     
    BHY    $1-$10,000        BHY    ----     
    BNA    $1-$10,000        BNA    ----     
    BFK    Over $100,000        BFK    ----     
    BPK    Over $100,000        BPK    ----     
    BHK    $1-$10,000        BHK    ----     
    RNJ    $10,001-$50,000        RNJ    ----     
    BNJ    Over $100,000        BNJ    ----     
    BHD    $10,001-$50,000        BHD    ----     
    BBK    $10,001-$50,000        BBK    ----     
    BLE    Over $100,000        BLE    ----     
    BYM    $1-$10,000        BYM    ----     
    BLJ    $10,001-$50,000        BLJ    ----     
    BPP    $10,001-$50,000        BPP    ----     
    BLW    $10,001-$50,000        BLW    ----     
    BKK    $10,001-$50,000        BKK    ----     
    BDV    $10,001-$50,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     
    BQY    $1-$10,000        BQY    ----     
    BGT    $10,001-$50,000        BGT    ----     
    BGR    $10,001-$50,000        BGR    ----     
INDEPENDENT DIRECTORS:                     
Andrew F. Brimmer    BKT    $1-$10,000    $10,001-$50,000    BKT    $10,001-$50,000    Over $100,000 
    BAT    $1-$10,000        BAT    $10,001-$50,000     
    BMN    $1-$10,000        BMN    ----     
    BMT    $1-$10,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    $1-$10,000        BKN    ----     
    BCT    $1-$10,000        BCT    $10,001-$50,000     
    BSD    $1-$10,000        BSD    ----     
    BHY    $1-$10,000        BHY    $10,001-$50,000     
    BNA    $1-$10,000        BNA    $10,001-$50,000     
    BFK    $1-$10,000        BFK    ----     
    BPK    $1-$10,000        BPK    ----     
    BHK    $1-$10,000        BHK    $10,001-$50,000     

E-2


                        AGGREGATE DOLLAR 
            AGGREGATE            RANGE OF EQUITY 
            DOLLAR RANGE OF    DOLLAR RANGE OF    SECURITIES AND 
    DOLLAR RANGE OF EQUITY    EQUITY SECURITIES     SHARE EQUIVALENTS IN    SHARE EQUIVALENTS 
    SECURITIES IN EACH TRUST(1)    OF ALL TRUSTS(1)    EACH TRUST(1)    OF ALL TRUSTS(1) 
   
 
 
 
                 NAME    TRUST   DOLLAR RANGE        TRUST   DOLLAR RANGE     

 
 
     
 
   
                     
Andrew F. Brimmer    BHD    $1-$10,000        BHD    $10,001-$50,000     
(continued)    BBK    $1-$10,000        BBK    ----     
    BLE    $1-$10,000        BLE    ----     
    BYM    $1-$10,000        BYM    ----     
    BPP    $1-$10,000        BPP    ----     
    BLW    $1-$10,000        BLW    ----     
    BKK    $1-$10,000        BKK    ----     
    BDV    $1-$10,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     
    BQY    $1-$10,000        BQY    ----     
    BGT    $1-$10,000        BGT    ----     
    BGR    $1-$10,000        BGR    ----     
Richard E. Cavanagh    BKT    $1-$10,000    $50,001-$100,000    BKT    $50,001-$100,000    Over $100,000 
    BAT    $1-$10,000        BAT    $10,001-$50,000     
    BMN    $1-$10,000        BMN    ----     
    BMT    $1-$10,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    $1-$10,000        BKN    ----     
    BCT    $1-$10,000        BCT    $10,001-$50,000     
    BSD    $1-$10,000        BSD    ----     
    BHY    $1-$10,000        BHY    $50,001-$100,000     
    BNA    $1-$10,000        BNA    $10,001-$50,000     
    BFK    $1-$10,000        BFK    ----     
    BPK    $1-$10,000        BPK    ----     
    BHK    $1-$10,000        BHK    $10,001-$50,000     
    BLN    $1-$10,000        BLN    ----     
    RNY    $1-$10,000        RNY    ----     
    BNY    $1-$10,000        BNY    ----     
    BLH    $1-$10,000        BLH    ----     
    BHD    $1-$10,000        BHD    $10,001-$50,000     
    BBK    $1-$10,000        BBK    ----     
    BLE    $1-$10,000        BLE    ----     
    BYM    $1-$10,000        BYM    ----     
    BQH    $1-$10,000        BQH    ----     
    BFY    $1-$10,000        BFY    ----     
    BSE    $1-$10,000        BSE    ----     
    BPP    $1-$10,000        BPP    ----     
    BLW    $1-$10,000        BLW    ----     
    BKK    $1-$10,000        BKK    ----     
    BDV    $1-$10,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     

E-3


                        AGGREGATE DOLLAR 
            AGGREGATE            RANGE OF EQUITY 
            DOLLAR RANGE OF    DOLLAR RANGE OF    SECURITIES AND 
    DOLLAR RANGE OF EQUITY    EQUITY SECURITIES     SHARE EQUIVALENTS IN    SHARE EQUIVALENTS 
    SECURITIES IN EACH TRUST(1)    OF ALL TRUSTS(1)    EACH TRUST(1)    OF ALL TRUSTS(1) 
   
 
 
 
                 NAME    TRUST   DOLLAR RANGE        TRUST   DOLLAR RANGE     

 
 
     
 
   
                     
Richard E. Cavanagh    BQY    $1-$10,000        BQY    ----     
(continued)    BGT    $1-$10,000        BGT    ----     
    BGR    $1-$10,000        BGR    ----     
Kent Dixon    BKT    $1- $10,000    Over $100,000    BKT    $10,001 - $50,000    Over $100,000 
    BAT    $1-$10,000        BAT    $10,001 - $50,000     
    BMN    $1-$10,000        BMN    ----     
    BMT    $1-$10,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    $1-$10,000        BKN    ----     
    BCT    $1-$10,000        BCT    $10,001 - $50,000     
    BSD    $1-$10,000        BSD    ----     
    BHY    $10,001-$50,000        BHY    $10,001 - $50,000     
    BNA    $1-$10,000        BNA    $10,001 - $50,000     
    BFK    $50,001-$100,000        BFK    ----     
    BPK    $1-$10,000        BPK    ----     
    BHK    $1-$10,000        BHK    $10,001 - $50,000     
    BRF    $1-$10,000        BRF    ----     
    RFA    $1-$10,000        RFA    ----     
    BBF    $10,001-$50,000        BBF    ----     
    BHD    $1-$10,000        BHD    $10,001 - $50,000     
    BBK    $50,001-$100,000        BBK    ----     
    BLE    $1-$10,000        BLE    ----     
    BYM    $50,001-$100,000        BYM    ----     
    BIE    $1-$10,000        BIE    ----     
    BAF    $1-$10,000        BAF    ----     
    BPP    $1-$10,000        BPP    ----     
    BLW    $10,001-$50,000        BLW    ----     
    BKK    $1-$10,000        BKK    ----     
    BFO    $1-$10,000        BFO    ----     
    BDV    $10,001-$50,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     
    BQY    $1-$10,000        BQY    ----     
    BGT    $1-$10,000        BGT    ----     
    BGR    $10,001-$50,000        BGR    ----     
Frank J. Fabozzi    BKT    $10,001-$50,000    $10,001-$50,000    BKT    $10,001-$50,000    Over $100,000 
    BAT    $1-$10,000        BAT    $10,001-$50,000     
    BMN    $1-$10,000        BMN    ----     
    BMT    $1-$10,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    $1-$10,000        BKN    ----     
    BCT    $1-$10,000        BCT    $10,001-$50,000     

E-4


                        AGGREGATE DOLLAR 
            AGGREGATE            RANGE OF EQUITY 
            DOLLAR RANGE OF    DOLLAR RANGE OF    SECURITIES AND 
    DOLLAR RANGE OF EQUITY    EQUITY SECURITIES     SHARE EQUIVALENTS IN    SHARE EQUIVALENTS 
    SECURITIES IN EACH TRUST(1)    OF ALL TRUSTS(1)    EACH TRUST(1)    OF ALL TRUSTS(1) 
   
 
 
 
                 NAME    TRUST   DOLLAR RANGE        TRUST   DOLLAR RANGE     

 
 
     
 
   
                     
Frank J. Fabozzi    BSD    $1-$10,000        BSD    ----     
(continued)    BHY    $1-$10,000        BHY    $10,001-$50,000     
    BNA    $1-$10,000        BNA    $10,001-$50,000     
    BFK    $1-$10,000        BFK    ----     
    BPK    $1-$10,000        BPK    ----     
    BHK    $1-$10,000        BHK    $10,001-$50,000     
    BPS    $1-$10,000        BPS    ----     
    BHD    $1-$10,000        BHD    $10,001-$50,000     
    BBK    $1-$10,000        BBK    ----     
    BLE    $1-$10,000        BLE    ----     
    BYM    $1-$10,000        BYM    ----     
    BPP    $1-$10,000        BPP    ----     
    BLW    $1-$10,000        BLW    ----     
    BKK    $1-$10,000        BKK    ----     
    BDV    $1-$10,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     
    BQY    $1-$10,000        BQY    ----     
    BGT    $1-$10,000        BGT    ----     
    BGR    $1-$10,000        BGR    ----     
Kathleen F. Feldstein    BKT    $1-$10,000    $10,001-$50,000    BKT    ----    $10,001-$50,000 
    BAT    $1-$10,000        BAT    ----     
    BMN    $1-$10,000        BMN    ----     
    BMT    $1-$10,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    $1-$10,000        BKN    ----     
    BCT    $1-$10,000        BCT    ----     
    BSD    $1-$10,000        BSD    ----     
    BHY    $1-$10,000        BHY    ----     
    BNA    $1-$10,000        BNA    ----     
    BFK    $1-$10,000        BFK    ----     
    BPK    $1-$10,000        BPK    ----     
    BHK    $1-$10,000        BHK    ----     
    BHD    $1-$10,000        BHD    ----     
    BBK    $1-$10,000        BBK    ----     
    BLE    $1-$10,000        BLE    ----     
    BYM    $1-$10,000        BYM    ----     
    BPP    $1-$10,000        BPP    ----     
    BLW    $1-$10,000        BLW    ----     
    BKK    $1-$10,000        BKK    ----     
    BDV    $1-$10,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     

E-5


                        AGGREGATE DOLLAR 
            AGGREGATE            RANGE OF EQUITY 
            DOLLAR RANGE OF    DOLLAR RANGE OF    SECURITIES AND 
    DOLLAR RANGE OF EQUITY    EQUITY SECURITIES     SHARE EQUIVALENTS IN    SHARE EQUIVALENTS 
    SECURITIES IN EACH TRUST(1)    OF ALL TRUSTS(1)    EACH TRUST(1)    OF ALL TRUSTS(1) 
   
 
 
 
                 NAME    TRUST   DOLLAR RANGE        TRUST   DOLLAR RANGE     

 
 
     
 
   
                     
Kathleen F. Feldstein    BQY    $1-$10,000        BQY    ----     
(continued)    BGT    $1-$10,000        BGT    ----     
    BGR    $1-$10,000        BGR    ----     
R. Glenn Hubbard    BKT    $1-$10,000    $10,001-$50,000    BKT    $1-$10,000    $50,001-$100,000 
    BAT    $1-$10,000        BAT    $1-$10,000     
    BMN    $1-$10,000        BMN    ----     
    BMT    $1-$10,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    $1-$10,000        BKN    ----     
    BCT    $1-$10,000        BCT    $1-$10,000     
    BSD    $1-$10,000        BSD    ----     
    BHY    $1-$10,000        BHY    $1-$10,000     
    BNA    $1-$10,000        BNA    $1-$10,000     
    BFK    $1-$10,000        BFK    ----     
    BPK    $1-$10,000        BPK    ----     
    BHK    $1-$10,000        BHK    $1-$10,000     
    BLN    $1-$10,000        BLN    ----     
    RNY    $1-$10,000        RNY    ----     
    BNY    $1-$10,000        BNY    ----     
    BLH    $1-$10,000        BLH    ----     
    BHD    $1-$10,000        BHD    $1-$10,000     
    BBK    $1-$10,000        BBK    ----     
    BLE    $1-$10,000        BLE    ----     
    BYM    $1-$10,000        BYM    ----     
    BQH    $1-$10,000        BQH    ----     
    BFY    $1-$10,000        BFY    ----     
    BSE    $1-$10,000        BSE    ----     
    BPP    $1-$10,000        BPP    ----     
    BLW    $1-$10,000        BLW    ----     
    BKK    $1-$10,000        BKK    ----     
    BDV    $1-$10,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     
    BQY    $1-$10,000        BQY    ----     
    BGT    $1-$10,000        BGT    ----     
    BGR    $1-$10,000        BGR    ----     
James Clayburn    BKT    $1-$10,000    Over $100,000    BKT    Over $100,000    Over $100,000 
La Force, Jr.    BAT    $1-$10,000        BAT    Over $100,000     
    BMN    $1-$10,000        BMN    ----     
    BMT    $1-$10,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    $1-$10,000        BKN    ----     

E-6


                        AGGREGATE DOLLAR 
            AGGREGATE            RANGE OF EQUITY 
            DOLLAR RANGE OF    DOLLAR RANGE OF    SECURITIES AND 
    DOLLAR RANGE OF EQUITY    EQUITY SECURITIES     SHARE EQUIVALENTS IN    SHARE EQUIVALENTS 
    SECURITIES IN EACH TRUST(1)    OF ALL TRUSTS(1)    EACH TRUST(1)    OF ALL TRUSTS(1) 
   
 
 
 
                 NAME    TRUST   DOLLAR RANGE        TRUST   DOLLAR RANGE     

 
 
     
 
   
                     
James Clayburn    BCT    $1-$10,000        BCT    Over $100,000     
La Force, Jr.    BSD    $10,001-$50,000        BSD    ----     
(continued)    BHY    $1-$10,000        BHY    Over $100,000     
    BNA    $1-$10,000        BNA    Over $100,000     
    BFK    $1-$10,000        BFK    ----     
    BPK    $1-$10,000        BPK    ----     
    BHK    $1-$10,000        BHK    $50,001-$100,000     
    BFC    $50,001-$100,000        BFC    ----     
    RAA    $1-$10,000        RAA    ----     
    BFZ    $1-$10,000        BFZ    ----     
    BJZ    $1-$10,000        BJZ    ----     
    BHD    $1-$10,000        BHD    $50,001-$100,000     
    BBK    $1-$10,000        BBK    ----     
    BLE    $1-$10,000        BLE    ----     
    BYM    $10,001-$50,000        BYM    ----     
    BZA    $50,001-$100,000        BZA    ----     
    BCL    $1-$10,000        BCL    ----     
    BCK    $10,001-$50,000        BCK    ----     
    BPP    $1-$10,000        BPP    ----     
    BLW    $1-$10,000        BLW    ----     
    BKK    $1-$10,000        BKK    ----     
    BDV    $1-$10,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     
    BQY    $1-$10,000        BQY    ----     
    BGT    $1-$10,000        BGT    ----     
    BGR    $1-$10,000        BGR    ----     
Walter F. Mondale    BKT    $1-$10,000    $50,001-$100,000    BKT    $50,001-$100,000    Over $100,000 
    BAT    $1-$10,000        BAT    $10,001-$50,000     
    BMN    $10,001-$50,000        BMN    ----     
    BMT    $10,001-$50,000        BMT    ----     
    BRM    $1-$10,000        BRM    ----     
    BKN    $1-$10,000        BKN    ----     
    BCT    $1-$10,000        BCT    $10,001-$50,000     
    BSD    $1-$10,000        BSD    ----     
    BHY    $1-$10,000        BHY    ----     
    BNA    $1-$10,000        BNA    $50,001-$100,000     
    BFK    $1-$10,000        BFK    ----     
    BPK    $10,001-$50,000        BPK    ----     
    BHK    $10,001-$50,000        BHK    $10,001-$50,000     
    BHD    $1-$10,000        BHD    $10,001-$50,000     
    BBK    $1-$10,000        BBK    ----     

E-7


                        AGGREGATE DOLLAR 
            AGGREGATE            RANGE OF EQUITY 
            DOLLAR RANGE OF    DOLLAR RANGE OF    SECURITIES AND 
    DOLLAR RANGE OF EQUITY    EQUITY SECURITIES     SHARE EQUIVALENTS IN    SHARE EQUIVALENTS 
    SECURITIES IN EACH TRUST(1)    OF ALL TRUSTS(1)    EACH TRUST(1)    OF ALL TRUSTS(1) 
   
 
 
 
                 NAME    TRUST   DOLLAR RANGE        TRUST   DOLLAR RANGE     

 
 
     
 
   
                     
Walter F. Mondale    BLE    $1-$10,000        BLE    ----     
(continued)    BYM    $1-$10,000        BYM    ----     
    BPP    $1-$10,000        BPP    ----     
    BLW    $1-$10,000        BLW    ----     
    BKK    $1-$10,000        BKK    ----     
    BDV    $1-$10,000        BDV    ----     
    BDT    $1-$10,000        BDT    ----     
    BQY    $1-$10,000        BQY    ----     
    BGT    $1-$10,000        BGT    ----     
    BGR    $1-$10,000        BGR    ----     


(1) 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.
 

E-8



THE BLACKROCK CALIFORNIA
INVESTMENT QUALITY
MUNICIPAL TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/raa
OR     

Vote-by-Telephone

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DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32311
   
                 
Please mark
votes as in
this example.
   
3231
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.

     
         
COMMON STOCK
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) Walter F. Mondale
(04) Ralph L. Schlosstein
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32312


PROXY

THE BLACKROCK
CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock California Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.

 


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 



THE BLACKROCK CALIFORNIA
INVESTMENT QUALITY
MUNICIPAL TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBKPI1
   
                 
Please mark
votes as in
this example.
   
3231
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.

     
         
PREFERRED STOCK
     
 
(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) Walter F. Mondale
(05) Ralph L. Schlosstein
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBKPI2


PROXY

THE BLACKROCK
CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.

PREFERRED STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of preferred stock of The BlackRock California Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.

 


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 



THE BLACKROCK NEW YORK
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
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OR     

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DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32521
   
                 
Please mark
votes as in
this example.
   
3252
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.

     
         
COMMON STOCK
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) Walter F. Mondale
(04) Ralph L. Schlosstein
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32522


PROXY

THE BLACKROCK
NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock New York Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK NEW YORK
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBKYP1
   
                 
Please mark
votes as in
this example.
   
3252
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.

     
         
PREFERRED STOCK
     
 
(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) Walter F. Mondale
(05) Ralph L. Schlosstein
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBKYP2


PROXY

THE BLACKROCK
NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.

PREFERRED STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of preferred stock of The BlackRock New York Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK CALIFORNIA
INSURED MUNICIPAL
2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bfc
OR     

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Call toll-free
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DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32271
   
                 
Please mark
votes as in
this example.
   
3227
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.

     
         
COMMON STOCK
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) R. Glenn Hubbard
(05) Robert S. Kapito
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32272


PROXY

THE BLACKROCK
CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock California Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK CALIFORNIA
INSURED MUNICIPAL
2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBKCP1
   
                 
Please mark
votes as in
this example.
   
3227
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.

     
         
PREFERRED STOCK
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) R. Glenn Hubbard
(05) Robert S. Kapito
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBKCP2


PROXY

THE BLACKROCK
CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.

PREFERRED STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of preferred stock of The BlackRock California Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK
INVESTMENT QUALITY
MUNICIPAL TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bkn
OR     

Vote-by-Telephone

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If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32561
   
                 
Please mark
votes as in
this example.
   
3256
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
INVESTMENT QUALITY MUNICIPAL TRUST INC.

     
         
COMMON STOCK
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) R. Glenn Hubbard
(05) Robert S. Kapito
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________



DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32562

PROXY

THE BLACKROCK
INVESTMENT QUALITY MUNICIPAL TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK
INVESTMENT QUALITY
MUNICIPAL TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBKQP1
   
                 
Please mark
votes as in
this example.
   
3256
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
INVESTMENT QUALITY MUNICIPAL TRUST INC.

     
         
PREFERRED STOCK
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) R. Glenn Hubbard
(05) Robert S. Kapito
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________



DETACH HERE

ZBKQP2

PROXY

THE BLACKROCK
INVESTMENT QUALITY MUNICIPAL TRUST INC.

PREFERRED STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK NEW JERSEY
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/rnj
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32431
   
                 
Please mark
votes as in
this example.
   
3243
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.


     
         
COMMON STOCK
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) Walter F. Mondale
(04) Ralph L. Schlosstein
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32432

PROXY

THE BLACKROCK
NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock New Jersey Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.

 

 


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK NEW JERSEY
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBKJP1
   
                 
Please mark
votes as in
this example.
   
3243
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.


     
         
PREFERRED STOCK
     
 
(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) Walter F. Mondale
(05) Ralph L. Schlosstein
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBKJP2

PROXY

THE BLACKROCK
NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.

PREFERRED STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of preferred stock of The BlackRock New Jersey Investment Quality Municipal Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

 


THE BLACKROCK BROAD
INVESTMENT GRADE
2009 TERM TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bct
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32261
   
                 
Please mark
votes as in
this example.
   
3226
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
BROAD INVESTMENT GRADE 2009 TERM TRUST INC.

     
         
COMMON STOCK
     
 
(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) Walter F. Mondale
(05) Ralph L. Schlosstein
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________



DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32262

PROXY

THE BLACKROCK
BROAD INVESTMENT GRADE 2009 TERM TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock Broad Investment Grade 2009 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK
INSURED MUNICIPAL
2008 TERM TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/brm
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32241
   
                 
Please mark
votes as in
this example.
   
3224
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
INSURED MUNICIPAL 2008 TERM TRUST INC.

     
         
COMMON STOCK
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) R. Glenn Hubbard
(05) Robert S. Kapito
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32242

PROXY

THE BLACKROCK
INSURED MUNICIPAL 2008 TERM TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK
INSURED MUNICIPAL
2008 TERM TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBMEP1
   
                 
Please mark
votes as in
this example.
   
3224
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
INSURED MUNICIPAL 2008 TERM TRUST INC.

     
         
PREFERRED STOCK
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) R. Glenn Hubbard
(05) Robert S. Kapito
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBMEP2

PROXY

THE BLACKROCK
INSURED MUNICIPAL 2008 TERM TRUST INC.

PREFERRED STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of preferred stock of The BlackRock Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK
NEW YORK INSURED
MUNICIPAL 2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bln
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32541
   
                 
Please mark
votes as in
this example.
   
3254
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.

     
         
COMMON STOCK
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) R. Glenn Hubbard
(05) Robert S. Kapito
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32542

PROXY

THE BLACKROCK
NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock New York Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK
NEW YORK INSURED
MUNICIPAL 2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBKEP1
   
                 
Please mark
votes as in
this example.
   
3254
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.

     
         
PREFERRED STOCK
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) R. Glenn Hubbard
(05) Robert S. Kapito
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBKEP2

PROXY

THE BLACKROCK
NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.

PREFERRED STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of preferred stock of The BlackRock New York Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK
ADVANTAGE TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bat
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32251
   
                 
Please mark
votes as in
this example.
   
3225
 
                 
  1.Election of Directors:      

 


THE BLACKROCK
ADVANTAGE TERM TRUST INC.


     
         
COMMON STOCK
     
 
(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) Walter F. Mondale
(05) Ralph L. Schlosstein
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32252

PROXY

THE BLACKROCK
ADVANTAGE TERM TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock Advantage Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK INSURED MUNICIPAL
INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bym
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z33171
   
                 
Please mark
votes as in
this example.
   
3317
 
                 
  1.Election of Trustees:      

 


BLACKROCK
INSURED MUNICIPAL INCOME TRUST

     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z33172

PROXY

BLACKROCK
INSURED MUNICIPAL INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK INSURED MUNICIPAL
INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 


DETACH HERE

           
ZBKTP1
   
                 
Please mark
votes as in
this example.
   
3317
 
                 
  1.Election of Trustees:      

 


BLACKROCK
INSURED MUNICIPAL INCOME TRUST

     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBKTP2

PROXY

BLACKROCK
INSURED MUNICIPAL INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bbk
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z3244
   
                 
Please mark
votes as in
this example.
   
3244
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL BOND TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL


Z32442

PROXY

BLACKROCK
MUNICIPAL BOND TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBMBP1
   
                 
Please mark
votes as in
this example.
   
3244
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL BOND TRUST



     
         
PREFERRED SHARES
     
 

(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBMBP2

PROXY

BLACKROCK
MUNICIPAL BOND TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK CALIFORNIA
MUNICIPAL 2018 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bjz
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

 

           
Z32291
   
                 
Please mark
votes as in
this example.
   
3229
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA MUNICIPAL 2018 TERM TRUST



     
         
COMMON SHARES
     
 


(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32292

PROXY

BLACKROCK
CALIFORNIA MUNICIPAL 2018 TERM TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK CALIFORNIA
MUNICIPAL 2018 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBKPC1
   
                 
Please mark
votes as in
this example.
   
3229
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA MUNICIPAL 2018 TERM TRUST



     
         
PREFERRED SHARES
     
 

(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBKPC2

PROXY

BLACKROCK
CALIFORNIA MUNICIPAL 2018 TERM TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK CORE BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bhk
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32281
   
                 
Please mark
votes as in
this example.
   
3228
 
                 
  1.Election of Trustees:      

 



BLACKROCK CORE BOND TRUST


     
         
COMMON SHARES
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32282


PROXY

BLACKROCK CORE BOND TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK FLORIDA
MUNICIPAL 2020 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bfo
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z36451
   
                 
Please mark
votes as in
this example.
   
3645
 
                 
  1.Election of Trustees:      

 



BLACKROCK
FLORIDA MUNICIPAL 2020 TERM TRUST



     
         
COMMON SHARES
     
 

(01) Kathleen F. Feldstein
(02) Walter F. Mondale
(03) Ralph L. Schlosstein
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z36452

PROXY

BLACKROCK
FLORIDA MUNICIPAL 2020 TERM TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK FLORIDA
MUNICIPAL 2020 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBMNT1
   
                 
Please mark
votes as in
this example.
   
3645
 
                 
  1.Election of Trustees:      

 



BLACKROCK
FLORIDA MUNICIPAL 2020 TERM TRUST



     
         
PREFERRED SHARES
     
 

(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) Walter F. Mondale
(04) Ralph L. Schlosstein
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBMNT2

PROXY

BLACKROCK
FLORIDA MUNICIPAL 2020 TERM TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

YOUR VOTE IS IMPORTANT
VOTE BY INTERNET / TELEPHONE
24 HOURS A DAY, 7 DAYS A WEEK

INTERNET                                 TELEPHONE    MAIL 
         
https://www.proxyvotenow.com/bqy 
                           1-866-265-2371     
         
• Go to the website address listed 
  • Use any touch-tone telephone.   
• Mark, sign and date your proxy card. 
   above. 
OR 
• Have your proxy card ready. 
OR 
• Detach your proxy card. 
• Have your proxy card ready. 
  • Follow the simple recorded   
• Return your proxy card in the 
• Follow the simple instructions that 
     instructions.   
  postage-paid envelope provided. 
  appear on your computer screen. 
     
  (must be received by the Trust on or 
       
          before May 25, 2005) 
         

 

 

 


Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 25, 2005.
\/ DETACH PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET \/

       
Please Sign, Date and Return 
 
x 
               
       
the Proxy Card Promptly 
                           
       
Using the Enclosed Envelope. 
  Votes must be indicated                 
                (x) in Black or Blue ink.                 
 
1.Election of Trustees: 
                                   
                               


FOR        WITHHOLD           
EXCEPTION 
     
S&P QUALITY RANKINGS 
THE   
[  ] 
  FROM THE    [  ]              [  ]         
GLOBAL EQUITY MANAGED TRUST 
NOMINEES 
      NOMINEES                       




COMMON SHARES 
                                   
   
                                   
   
Nominee:
  01 - Richard E. Cavanagh    03 - James Clayburn La Force, Jr.             
    02 - R. Glenn Hubbard    04 - Kathleen F. Feldstein                     
 
(INSTRUCTIONS: To withhold authority to vote for any individual nominee, strike 
      To change your address, please mark this box.    [  ]   
a line through that nominee’s name and check the “Exceptions” box above.) 
           
 
                                   
To include any comments, please mark this box. 
  [  ]   
                   
FOR
AGAINST
ABSTAIN
           
 
 
2. To amend the Declaration of Trust in order to change the 
 
[  ]  
[  ] 
[  ]
           
   maximum number of permitted Trustees allowed on its                             
   Board to 11.                                     
       
                               




 
                               
S C A N  L I N E 
   
         
   




 
 
 
 
                 
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.
                                       
                           


 


                            Date    Share Owner sign here   
Co-Owner sign here 
   


PROXY

S&P QUALITY RANKINGS
GLOBAL EQUITY MANAGED TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

     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 S&P Quality Rankings Global Equity Managed Trust (the “Trust”) held of record by the undersigned on February 28, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

     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.

Continued on the reverse side. Must be signed and dated on the reverse side.

HAS YOUR ADDRESS CHANGED? 
   
 

   
    S&P QUALITY RANKINGS GLOBAL EQUITY MANAGED TRUST 

P.O. BOX 11066 
    NEW YORK, N.Y. 10203-0066 

 
 
DO YOU HAVE ANY COMMENTS? 
   
     

   
     

   
     

   



BLACKROCK CALIFORNIA
INSURED MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bck
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32571
   
                 
Please mark
votes as in
this example.
   
3257
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA INSURED MUNICIPAL INCOME TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32572

PROXY

BLACKROCK
CALIFORNIA INSURED MUNICIPAL INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK CALIFORNIA
INSURED MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBCIP1
   
                 
Please mark
votes as in
this example.
   
3257
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA INSURED MUNICIPAL INCOME TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

ZBCIP2

PROXY

BLACKROCK
CALIFORNIA INSURED MUNICIPAL INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK FLORIDA
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bie
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32331
   
                 
Please mark
votes as in
this example.
   
3233
 
                 
  1.Election of Trustees:      

 



BLACKROCK
FLORIDA MUNICIPAL BOND TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32332

PROXY

BLACKROCK
FLORIDA MUNICIPAL BOND TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK FLORIDA
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBFBP1
   
                 
Please mark
votes as in
this example.
   
3233
 
                 
  1.Election of Trustees:      

 



BLACKROCK
FLORIDA MUNICIPAL BOND TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBFBP2

PROXY

BLACKROCK
FLORIDA MUNICIPAL BOND TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK NEW YORK
MUNICIPAL 2018 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/blh
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32531
   
                 
Please mark
votes as in
this example.
   
3253
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK MUNICIPAL 2018 TERM TRUST



     
         
COMMON SHARES
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32532


PROXY

BLACKROCK
NEW YORK MUNICIPAL 2018 TERM TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK NEW YORK
MUNICIPAL 2018 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBYTP1
   
                 
Please mark
votes as in
this example.
   
3253
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK MUNICIPAL 2018 TERM TRUST



     
         
PREFERRED SHARES
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBYTP2


PROXY

BLACKROCK
NEW YORK MUNICIPAL 2018 TERM TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK
STRATEGIC BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bhd
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32591
   
                 
Please mark
votes as in
this example.
   
3259
 
                 
  1.Election of Trustees:      

 



BLACKROCK STRATEGIC BOND TRUST


     
         
COMMON SHARES
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32592

PROXY

BLACKROCK STRATEGIC BOND TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK
LIMITED DURATION
INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/blw
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z35161
   
                 
Please mark
votes as in
this example.
   
3516
 
                 
  1.Election of Trustees:      

 



BLACKROCK
LIMITED DURATION INCOME TRUST



     
         
COMMON SHARES
     
 
(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) Walter F. Mondale
(04) Ralph L. Schlosstein
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


 

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z35162


PROXY

BLACKROCK
LIMITED DURATION INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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 common shares of the BlackRock Limited Duration Income Trust (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK FLORIDA
INSURED MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/baf
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32641
   
                 
Please mark
votes as in
this example.
   
3264
 
                 
  1.Election of Trustees:      

 



BLACKROCK
FLORIDA INSURED MUNICIPAL INCOME TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL


Z32642

PROXY

BLACKROCK
FLORIDA INSURED MUNICIPAL INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK FLORIDA
INSURED MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

DETACH HERE

           
ZBFIP1
   
                 
Please mark
votes as in
this example.
   
3264
 
                 
  1.Election of Trustees:      

 



BLACKROCK
FLORIDA INSURED MUNICIPAL INCOME TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL


ZBFIP2

PROXY

BLACKROCK
FLORIDA INSURED MUNICIPAL INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK NEW JERSEY
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/blj
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32421
   
                 
Please mark
votes as in
this example.
   
3242
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW JERSEY MUNICIPAL BOND TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32422

PROXY

BLACKROCK
NEW JERSEY MUNICIPAL BOND TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK NEW JERSEY
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

DETACH HERE

           
ZBJBP1
   
                 
Please mark
votes as in
this example.
   
3242
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW JERSEY MUNICIPAL BOND TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBJBP2

PROXY

BLACKROCK
NEW JERSEY MUNICIPAL BOND TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK
MUNICIPAL 2018 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bpk
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32621
   
                 
Please mark
votes as in
this example.
   
3262
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL 2018 TERM TRUST



     
         
COMMON SHARES
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32622

PROXY

BLACKROCK
MUNICIPAL 2018 TERM TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK
MUNICIPAL 2018 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBMTP1
   
                 
Please mark
votes as in
this example.
   
3262
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL 2018 TERM TRUST



     
         
PREFERRED SHARES
     
 

(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.

      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBMTP2

PROXY

BLACKROCK
MUNICIPAL 2018 TERM TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK GLOBAL
FLOATING RATE INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bgt
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z39261
   
                 
Please mark
votes as in
this example.
   
3926
 
                 
  1.Election of Trustees:      

 



BLACKROCK
GLOBAL FLOATING RATE INCOME TRUST



     
         
COMMON SHARES
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z39262

PROXY

BLACKROCK
GLOBAL FLOATING RATE INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK GLOBAL
FLOATING RATE INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH

           
ZBGFP1
   
                 
Please mark
votes as in
this example.
   
3926
 
                 
  1.Election of Trustees:      

 



BLACKROCK
GLOBAL FLOATING RATE INCOME TRUST



     
         
PREFERRED SHARES
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBGFP2

PROXY

BLACKROCK
GLOBAL FLOATING RATE INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK INSURED
MUNICIPAL TERM TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bmt
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32391
   
                 
Please mark
votes as in
this example.
   
3239
 
                 
  1.Election of Directors:      

 



THE BLACKROCK
INSURED MUNICIPAL TERM TRUST INC.



     
         
COMMON STOCK
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32392

PROXY

THE BLACKROCK
INSURED MUNICIPAL TERM TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock Insured Municipal Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

 

THE BLACKROCK INSURED
MUNICIPAL TERM TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBKIP1
   
                 
Please mark
votes as in
this example.
   
3239
 
                 
  1.Election of Directors:      

 



THE BLACKROCK
INSURED MUNICIPAL TERM TRUST INC.



     
         
PREFERRED STOCK
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBKIP2

PROXY

THE BLACKROCK
INSURED MUNICIPAL TERM TRUST INC.

PREFERRED STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of preferred stock of The BlackRock Insured Municipal Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK NEW YORK
INSURED MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bse
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z33191
   
                 
Please mark
votes as in
this example.
   
3319
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK INSURED MUNICIPAL INCOME TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z33192

PROXY

BLACKROCK
NEW YORK INSURED MUNICIPAL INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK NEW YORK
INSURED MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBNYP1
   
                 
Please mark
votes as in
this example.
   
3319
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK INSURED MUNICIPAL INCOME TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

ZBNYP2

PROXY

BLACKROCK
NEW YORK INSURED MUNICIPAL INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK NEW YORK
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bqh
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32231
   
                 
Please mark
votes as in
this example.
   
3223
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK MUNICIPAL BOND TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32232

PROXY

BLACKROCK
NEW YORK MUNICIPAL BOND TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK NEW YORK
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBYBP1
   
                 
Please mark
votes as in
this example.
   
3223
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK MUNICIPAL BOND TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBYBP2

PROXY

BLACKROCK
NEW YORK MUNICIPAL BOND TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK CALIFORNIA
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bfz
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32381
   
                 
Please mark
votes as in
this example.
   
3238
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST



     
         
COMMON SHARES
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32382

PROXY

BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK CALIFORNIA
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBMIP1
   
                 
Please mark
votes as in
this example.
   
3238
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST



     
         
PREFERRED SHARES
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBMIP2

PROXY

BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK MUNICIPAL
TARGET TERM TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bmn
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32471
   
                 
Please mark
votes as in
this example.
   
3247
 
                 
  1.Election of Directors:      

 



THE BLACKROCK
MUNICIPAL TARGET TERM TRUST INC.



     
         
COMMON STOCK
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32472

PROXY

THE BLACKROCK
MUNICIPAL TARGET TERM TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of common stock of The BlackRock Municipal Target Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

 

THE BLACKROCK MUNICIPAL
TARGET TERM TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBKMP1
   
                 
Please mark
votes as in
this example.
   
3247
 
                 
  1.Election of Directors:      

 



THE BLACKROCK
MUNICIPAL TARGET TERM TRUST INC.



     
         
PREFERRED STOCK
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBKMP2

PROXY

THE BLACKROCK
MUNICIPAL TARGET TERM TRUST INC.

PREFERRED STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

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 shares of preferred stock of The BlackRock Municipal Target Term Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

 


BLACKROCK
MUNICIPAL INCOME TRUST II

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/ble
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z33181
   
                 
Please mark
votes as in
this example.
   
3318
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL INCOME TRUST II



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z33182

PROXY

BLACKROCK
MUNICIPAL INCOME TRUST II

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK
MUNICIPAL INCOME TRUST II

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBKDP1
   
                 
Please mark
votes as in
this example.
   
3318
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL INCOME TRUST II



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

ZBKDP2

PROXY

BLACKROCK
MUNICIPAL INCOME TRUST II

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK MARYLAND
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bzm
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32461
   
                 
Please mark
votes as in
this example.
   
3246
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MARYLAND MUNICIPAL BOND TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32462

PROXY

BLACKROCK
MARYLAND MUNICIPAL BOND TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK MARYLAND
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBMLP1
   
                 
Please mark
votes as in
this example.
   
3246
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MARYLAND MUNICIPAL BOND TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBMLP2

PROXY

BLACKROCK
MARYLAND MUNICIPAL BOND TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bfk
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32451
   
                 
Please mark
votes as in
this example.
   
3245
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL INCOME TRUST



     
         
COMMON SHARES
     
 
(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

Z32452


PROXY


BLACKROCK
MUNICIPAL INCOME TRUST


COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBITP1
   
                 
Please mark
votes as in
this example.
   
3245
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL INCOME TRUST



     
         
PREFERRED SHARES
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBITP2


PROXY


BLACKROCK
MUNICIPAL INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK
INCOME TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bkt
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32321
   
                 
Please mark
votes as in
this example.
   
3232
 
                 
  1.Election of Directors:      

 



THE BLACKROCK INCOME TRUST INC.


     
         
COMMON STOCK
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL


Z32322


PROXY

THE BLACKROCK INCOME TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE DIRECTORS

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 shares of common stock of The BlackRock Income Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK NEW YORK
MUNICIPAL INCOME TRUST II

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bfy
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

 

 

 

 

 

 

 


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z33211
   
                 
Please mark
votes as in
this example.
   
3321
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST II



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z33212

PROXY

BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST II

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK NEW YORK
MUNICIPAL INCOME TRUST II

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBNIP1
   
                 
Please mark
votes as in
this example.
   
3321
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST II



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

ZBNIP2

PROXY

BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST II

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK VIRGINIA
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bhv
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32631
   
                 
Please mark
votes as in
this example.
   
3263
 
                 
  1.Election of Trustees:      

 



BLACKROCK
VIRGINIA MUNICIPAL BOND TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32632

PROXY

BLACKROCK
VIRGINIA MUNICIPAL BOND TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK VIRGINIA
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBVBP1
   
                 
Please mark
votes as in
this example.
   
3263
 
                 
  1.Election of Trustees:      

 



BLACKROCK
VIRGINIA MUNICIPAL BOND TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBVBP2

PROXY

BLACKROCK
VIRGINIA MUNICIPAL BOND TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK FLORIDA
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bbf
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32341
   
                 
Please mark
votes as in
this example.
   
3234
 
                 
  1.Election of Trustees:      

 



BLACKROCK
FLORIDA MUNICIPAL INCOME TRUST



     
         
COMMON SHARES
     
 

(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32342


PROXY

BLACKROCK
FLORIDA MUNICIPAL INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK FLORIDA
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBFTP1
   
                 
Please mark
votes as in
this example.
   
3234
 
                 
  1.Election of Trustees:      

 



BLACKROCK
FLORIDA MUNICIPAL INCOME TRUST



     
         
PREFERRED SHARES
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBFTP2


PROXY

BLACKROCK
FLORIDA MUNICIPAL INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK FLORIDA
INVESTMENT QUALITY
MUNICIPAL TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32361
   
                 
Please mark
votes as in
this example.
   
3236
 
                 
  1.Election of Trustees:      

 



THE BLACKROCK
FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST



     
         
COMMON SHARES
     
 
(01) Kathleen F. Feldstein
(02) Walter F. Mondale
(03) Ralph L. Schlosstein
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board from 15 to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32362

PROXY

THE BLACKROCK
FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

THE BLACKROCK FLORIDA
INVESTMENT QUALITY
MUNICIPAL TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 


DETACH HERE

           
ZBFQP1
   
                 
Please mark
votes as in
this example.
   
3236
 
                 
  1.Election of Trustees:      

 



THE BLACKROCK
FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST



     
         
PREFERRED SHARES
     
 
(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) Walter F. Mondale
(04) Ralph L. Schlosstein
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board from 15 to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBFQP2

PROXY

THE BLACKROCK
FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK
INCOME OPPORTUNITY TRUST INC.

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bna
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32491
   
                 
Please mark
votes as in
this example.
   
3249
 
                 
  1.Election of Trustees:      

 



THE BLACKROCK
INCOME OPPORTUNITY TRUST INC.


     
         
COMMON STOCK
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
               
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32492

PROXY

THE BLACKROCK INCOME OPPORTUNITY TRUST INC.

COMMON STOCK

THIS PROXY IS SOLICITED ON BEHALF OF THE DIRECTORS

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 shares of common stock of The BlackRock Income Opportunity Trust Inc. (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Stockholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK CALIFORNIA
MUNICIPAL INCOME TRUST II

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bcl
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32581
   
                 
Please mark
votes as in
this example.
   
3258
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST II



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL


Z32582

PROXY

BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST II

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK CALIFORNIA
MUNICIPAL INCOME TRUST II

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBCMP1
   
                 
Please mark
votes as in
this example.
   
3258
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST II



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE


ZBCMP2

PROXY

BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST II

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK NEW JERSEY
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bnj
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32481
   
                 
Please mark
votes as in
this example.
   
3248
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW JERSEY MUNICIPAL INCOME TRUST



     
         
COMMON SHARES
     
 

(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL


Z32481

PROXY

BLACKROCK
NEW JERSEY MUNICIPAL INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK NEW JERSEY
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBJIP1
   
                 
Please mark
votes as in
this example.
   
3248
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW JERSEY MUNICIPAL INCOME TRUST



     
         
PREFERRED SHARES
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE


ZBJIP2

PROXY

BLACKROCK
NEW JERSEY MUNICIPAL INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK
PREFERRED OPPORTUNITY TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bpp
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z33221
   
                 
Please mark
votes as in
this example.
   
3322
 
                 
  1.Election of Trustees:      

 



BLACKROCK
PREFERRED OPPORTUNITY TRUST


     
         
COMMON SHARES
     
 
(01) Kathleen F. Feldstein
(02) Walter F. Mondale
(03) Ralph L. Schlosstein
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z33222


PROXY

BLACKROCK
PREFERRED OPPORTUNITY TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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 Preferred Opportunity Trust (the "Trust") held of record by the undersigned on February 28, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK
PREFERRED OPPORTUNITY TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBBPP1
   
                 
Please mark
votes as in
this example.
   
3322
 
                 
  1.Election of Trustees:      

 



BLACKROCK
PREFERRED OPPORTUNITY TRUST


     
         
PREFERRED SHARES
     
 
(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) Walter F. Mondale
(04) Ralph L. Schlosstein
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBBPP2


PROXY

BLACKROCK
PREFERRED OPPORTUNITY TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

YOUR VOTE IS IMPORTANT
VOTE BY INTERNET / TELEPHONE
24 HOURS A DAY, 7 DAYS A WEEK

 

INTERNET   
TELEPHONE 
  MAIL 
 
https://www.proxyvotenow.com/bdv 
 
1-866-205-9017 
   
         
• Go to the website address listed 
  • Use any touch-tone telephone.   
• Mark, sign and date your proxy card. 
  above. 
OR 
• Have your proxy card ready. 
OR 
• Detach your proxy card. 
• Have your proxy card ready. 
  • Follow the simple recorded   
• Return your proxy card in the 
• Follow the simple instructions that 
     instructions.   
  postage-paid envelope provided. 
  appear on your computer screen. 
     
  (must be received by the Trust on or 
       
         before May 25, 2005) 
       

Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 25, 2005.
\/ DETACH PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET \/

       
Please Sign, Date and Return 
 
x 
               
       
the Proxy Card Promptly 
                           
       
Using the Enclosed Envelope. 
  Votes must be indicated                 
                (x) in Black or Blue ink.                 
 
1.Election of Trustees:                                     
 
                               
FOR        WITHHOLD           
EXCEPTION 
   
BLACKROCK
THE    [  ]  FROM THE    [  ]              [  ]         
DIVIDEND ACHIEVERSTM TRUST 
NOMINEES 
      NOMINEES                       
COMMON SHARES
                               
                                         
Nominee: 
  01 - Frank J. Fabozzi   03 - Walter F. Mondale                     
    02 - Kathleen F. Feldstein   
04 - Ralph L. Schlosstein 
                   
 
(INSTRUCTIONS: To withhold authority to vote for any individual nominee, strike                                   To change your address, please mark this box.   
[  ]
a line through that nominee’s name and check the “Exceptions” box above.) 
             
 
                                                               To include any comments, please mark this box.   
[  ]
                   
FOR
AGAINST
ABSTAIN
           
 
 
2. To amend the Declaration of Trust in order to change the 
 
[  ]
[  ]
[  ]
           
    maximum number of permitted Trustees allowed on its 
                           
    Board to 11. 
                                   
 
 
                               
S C A N  L I N E 
   
   
 
 
 
 
 
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.
 

 


                            Date    Share Owner sign here   
Co-Owner sign here 
   


PROXY

BLACKROCK DIVIDEND ACHIEVERSTM TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

     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 AchieversTM Trust (the “Trust”) held of record by the undersigned on February 28, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

     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.

Continued on the reverse side. Must be signed and dated on the reverse side.

HAS YOUR ADDRESS CHANGED? 
   
 

    BLACKROCK DIVIDEND ACHIEVERSTM TRUST 

P.O. BOX 11325 
    NEW YORK, N.Y. 10203-0325 

 
 
DO YOU HAVE ANY COMMENTS? 
   
     

   
     

   
     

   

 


 


BLACKROCK CALIFORNIA
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bza
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32221
   
                 
Please mark
votes as in
this example.
   
3222
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA MUNICIPAL BOND TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32222

PROXY

BLACKROCK
CALIFORNIA MUNICIPAL BOND TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK CALIFORNIA
MUNICIPAL BOND TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 

 

DETACH HERE

           
ZBCBP1
   
                 
Please mark
votes as in
this example.
   
3222
 
                 
  1.Election of Trustees:      

 



BLACKROCK
CALIFORNIA MUNICIPAL BOND TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Kathleen F. Feldstein
(04) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBCBP2

PROXY

BLACKROCK
CALIFORNIA MUNICIPAL BOND TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK NEW YORK
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bny
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32511
   
                 
Please mark
votes as in
this example.
   
3251
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST



     
         
COMMON SHARES
     
 

(01) Kathleen F. Feldstein
(02) R. Glenn Hubbard
(03) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32512

PROXY

BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK NEW YORK
MUNICIPAL INCOME TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBYIP1
   
                 
Please mark
votes as in
this example.
   
3251
 
                 
  1.Election of Trustees:      

 



BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST


     
         
PREFERRED SHARES
     
 
(01) Richard E. Cavanagh
(02) Kathleen F. Feldstein
(03) R. Glenn Hubbard
(04) James Clayburn La Force, Jr.
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBYIP2

PROXY

BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


BLACKROCK
MUNICIPAL 2020 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bkk
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE

           
Z36461
   
                 
Please mark
votes as in
this example.
   
3646
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL 2020 TERM TRUST



     
         
COMMON SHARES
     
 
(01) Kathleen F. Feldstein
(02) Walter F. Mondale
(03) Ralph L. Schlosstein
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z36462

PROXY

BLACKROCK
MUNICIPAL 2020 TERM TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

BLACKROCK
MUNICIPAL 2020 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

 


DETACH HERE

           
ZBMTT1
   
                 
Please mark
votes as in
this example.
   
3646
 
                 
  1.Election of Trustees:      

 



BLACKROCK
MUNICIPAL 2020 TERM TRUST



     
         
PREFERRED SHARES
     
 
(01) Frank J. Fabozzi
(02) Kathleen F. Feldstein
(03) Walter F. Mondale
(04) Ralph L. Schlosstein
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBMTT2

PROXY

BLACKROCK
MUNICIPAL 2020 TERM TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

YOUR VOTE IS IMPORTANT
VOTE BY INTERNET / TELEPHONE
24 HOURS A DAY, 7 DAYS A WEEK

 

INTERNET   
TELEPHONE 
  MAIL 
 
https://www.proxyvotenow.com/bdt 
 
1-866-265-2402 
   
       
• Go to the website address listed 
  • Use any touch-tone telephone.   
• Mark, sign and date your proxy card. 
  above. 
OR 
• Have your proxy card ready.  OR 
• Detach your proxy card.
• Have your proxy card ready. 
  • Follow the simple recorded   
• Return your proxy card in the 
• Follow the simple instructions that 
     instructions.   
  postage-paid envelope provided. 
  appear on your computer screen. 
     
  (must be received by the Trust on or 
       
         before May 25, 2005) 
         

Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 25, 2005.
\/ DETACH PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET \/

       
Please Sign, Date and Return 
      x                     
       
the Proxy Card Promptly 
                           
       
Using the Enclosed Envelope. 
  Votes must be indicated                 
                (x) in Black or Blue ink.                 
 
1.Election of Trustees:                                     
 
                               
FOR        WITHHOLD           
EXCEPTION 
     
BLACKROCK 
THE   
[  ] 
  FROM THE   
[  ]
          [  ]       
STRATEGIC DIVIDEND ACHIEVERSTM TRUST 
NOMINEES 
      NOMINEES                       
COMMON SHARES 
                                         
Nominee: 
  01 - Richard E. Cavanagh   03 - James Clayburn La Force, Jr.            
    02 - R. Glenn Hubbard    04 - Kathleen F. Feldstein                     
 
 (INSTRUCTIONS: To withhold authority to vote for any individual nominee, strike                                   To change your address, please mark this box.    [  ] 
a line through that nominee’s name and check the “Exceptions” box above.) 
               
 
                                                               To include any comments, please mark this box.    [  ] 
                   
FOR 
 
AGAINST 
 
ABSTAIN
           
 
 
2. To amend the Declaration of Trust in order to change the 
 
[  ]
[  ]
[  ]
           
   maximum number of permitted Trustees allowed on its                             
   Board to 11.                                     
 
 
                               
S C A N  L I N E 
   
   
 
 
 
 
 
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.
 

 
                            Date    Share Owner sign here    Co-Owner sign here     


PROXY

BLACKROCK STRATEGIC DIVIDEND ACHIEVERSTM TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

     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 AchieversTM Trust (the “Trust”) held of record by the undersigned on February 28, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

     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.

Continued on the reverse side. Must be signed and dated on the reverse side.

HAS YOUR ADDRESS CHANGED? 
   
 

   
    BLACKROCK STRATEGIC DIVIDEND ACHIEVERSTM TRUST 

P.O. BOX 11032 
    NEW YORK, N.Y. 10203-0032 

   
 
 
DO YOU HAVE ANY COMMENTS? 
   
     

   
     

   
     

   



YOUR VOTE IS IMPORTANT
VOTE BY INTERNET / TELEPHONE
24 HOURS A DAY, 7 DAYS A WEEK

 

INTERNET   
TELEPHONE 
  MAIL 
 
https://www.proxyvotenow.com/bgr 
1-866-265-2401 
         
• Go to the website address listed 
• Use any touch-tone telephone. 
 
• Mark, sign and date your proxy card. 
  above. 
OR 
• Have your proxy card ready. 
OR 
• Detach your proxy card. 
• Have your proxy card ready. 
• Follow the simple recorded 
 
• Return your proxy card in the 
• Follow the simple instructions that 
  instructions. 
  postage-paid envelope provided. 
  appear on your computer screen. 
 
  (must be received by the Trust on or 
        before May 25, 2005) 
 
 

Please submit your Internet or Telephone vote before 4:00 p.m., New York time, on May 25, 2005.
\/ DETACH PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET \/

       
Please Sign, Date and Return 
      x                     
       
the Proxy Card Promptly 
                           
       
Using the Enclosed Envelope. 
  Votes must be indicated                 
                (x) in Black or Blue ink.                 
 
 
1.Election of Trustees:                           
                               
BLACKROCK
FOR        WITHHOLD           
EXCEPTION 
     
GLOBAL ENERGY AND RESOURCES TRUST 
THE   
[  ] 
  FROM THE   
[  ] 
          [  ]      
NOMINEES 
      NOMINEES                       
COMMON SHARES 
 
                                         
Nominee: 
  01 - Richard E. Cavanagh                                 
    02 - R. Glenn Hubbard                                 
    03 - James Clayburn La Force, Jr.                                 
                                                               To change your address, please mark this box.    [  ] 
(INSTRUCTIONS: To withhold authority to vote for any individual nominee, strike             
a line through that nominee’s name and check the “Exceptions” box above.) 
               
                                                               To include any comments, please mark this box.    [  ] 
                   
FOR
AGAINST
ABSTAIN
           
 
2. To amend the Declaration of Trust in order to reduce the 
 
[  ]
  [  ]     [  ]              
   maximum number of permitted Trustees allowed on its                         
   Board from 15 to 11.                                     
 
 
                               
S C A N  L I N E 
   
   
 
 
 
 
 
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.
             



 


                            Date    Share Owner sign here   
Co-Owner sign here 
   


PROXY

BLACKROCK GLOBAL ENERGY AND RESOURCES TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

     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 “Trust”) held of record by the undersigned on February 28, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

     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.

Continued on the reverse side. Must be signed and dated on the reverse side.

HAS YOUR ADDRESS CHANGED? 
   
 

     

  BLACKROCK GLOBAL ENERGY AND RESOURCES TRUST 
  P.O. BOX 11070 

  NEW YORK, N.Y. 10203-0070 
   
DO YOU HAVE ANY COMMENTS? 
   
     

   
     

   
     

   



THE BLACKROCK
HIGH YIELD TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

Your vote is important. Please vote immediately.

 

Vote-by-Internet

Log on to the Internet and go to
http://www.eproxyvote.com/bhy
OR     

Vote-by-Telephone

Call toll-free
1-877-PRX-VOTE (1-877-779-8683)
 
       
   
If you vote over the Internet or by telephone, please do not mail your card.

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32371
   
                 
Please mark
votes as in
this example.
   
3237
 
                 
  1.Election of Trustees:      

 



THE BLACKROCK HIGH YIELD TRUST


     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32372

PROXY

THE BLACKROCK HIGH YIELD TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 


THE BLACKROCK FLORIDA
INSURED MUNICIPAL
2008 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

 

 

 

 

DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

           
Z32351
   
                 
Please mark
votes as in
this example.
   
3235
 
                 
  1.Election of Trustees:      

 



THE BLACKROCK
FLORIDA INSURED MUNICIPAL 2008 TERM TRUST



     
         
COMMON SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL

Z32352

PROXY

THE BLACKROCK
FLORIDA INSURED MUNICIPAL 2008 TERM TRUST

COMMON SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS? 
     

 
     

 
     

 

 

THE BLACKROCK FLORIDA
INSURED MUNICIPAL
2008 TERM TRUST

C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694

 

 

 

DETACH HERE

           
ZBETP1
   
                 
Please mark
votes as in
this example.
   
3235
 
                 
  1.Election of Trustees:      

 



THE BLACKROCK
FLORIDA INSURED MUNICIPAL 2008 TERM TRUST



     
         
PREFERRED SHARES
     
 
(01) Andrew F. Brimmer
(02) Kent Dixon
(03) Robert S. Kapito
      2. Amend the Trusts Declaration of Trust in order
    to change the maximum number of permitted
    Trustees allowed on its Board from 15 to 11.
     
                 
 
             
                   
 

__________________________________________              
      For all nominees except as noted above              
                 
          Mark box at right if an address change or comment has been  
noted on the reverse side of this card.
     
                 
          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.      
                 


 

Co-owner
Signature: 
_________________
Date: 
_______________
Signature: 
_____________________
Date: ____________


DETACH HERE

ZBETP2

PROXY

THE BLACKROCK
FLORIDA INSURED MUNICIPAL 2008 TERM TRUST

PREFERRED SHARES

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES

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, 2005 at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2005 or at any adjournments or postponements thereof.

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.


PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED POSTAGE PAID ENVELOPE.

     
HAS YOUR ADDRESS CHANGED? 
DO YOU HAVE ANY COMMENTS?