BLACKROCK HEDGE SELECTOR LTD - Estimated Net Asset Value(s)

BlackRock Hedge Selector Ltd - Estimated NAV

The Company's estimated NAV as at 23 November 2012 was as follows:-

UK Emerging Companies Shares GBP 1.27247

Cash Fund Shares GBP 0.99963


BlackRock (Channel Islands) Limited
Secretary

28 November 2012

The Net Asset Value figures in this announcement are an estimate, and are based on unaudited estimated valuations. Estimated results, performance or achievements may differ materially from any actual results, performance or achievements. Except as required by applicable law, the Company expressly disclaims any obligations to update or revise such estimates to reflect any change in expectations, new information, subsequent events or otherwise.

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