BHCF Blackrk Hdge Fd

BlackRock Hedge Selector Ltd - Estimated NAV

The Company's estimated NAV as at 11 January 2013 was as follows:-

UK Emerging Companies Shares GBP 1.28693

Cash Fund Shares GBP 0.99850

BlackRock (Channel Islands) Limited

Secretary

16 January 2013

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.