Net Asset Value(s)

NET ASSET VALUE BLACKROCK COMMODITIES INCOME INVESTMENT TRUST PLC The unaudited net asset value for BlackRock Commodities Income Investment Trust plc at close of business on 17 April 2009 was: 94.31p Capital only (undiluted) 94.98p Including current year income (undiluted) - XD 94.39p Capital only (diluted NAV incorporating treasury shares) 95.04p Including current year income (diluted NAV incorporating treasury shares) - XD Notes: 1. Investments have been valued on a bid price basis. 2. Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date. 3. The unaudited NAV above has been calculated based on 73,325,662 shares. 4. Following the resale of 250,000 shares out of treasury on 16 April 2009, there are 2,024,338 shares held in treasury. 5. For the latest daily net asset value, previous month end performance statistics, asset allocation and ten largest holdings of the BlackRock managed Investment Trusts, see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3). 6. Today's NAV includes an adjustment of £43k representing VAT recovered as a result of the JPMorgan Claverhouse VAT case. This VAT recovery has been allocated 25% to the revenue and 75% to capital in accordance with the original allocation of the management fees. The impact on the NAV is estimated to be an increase of approximately 5 basis points.
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