Portfolio Update

BlackRock Energy and Resources Income Trust plc (“Company”)

LEI - 54930040ALEAVPMMDC31

Issue of Equity

The Company announces that 275,000 Ordinary Shares of 1p each were today issued by the Company at a price of 114.09 pence per share which represented a premium to net asset value. The new Ordinary shares will rank pari passu with the existing shares and trade on the London Stock Exchange's main market for listed securities. This allotment of new shares is being made to satisfy market demand and is made under the Company’s annual issuance authority and from its existing general purpose block listing.

The number of Ordinary Shares that the Company has in issue following this sale, is  121,216,000 (ordinary shares held in treasury: nil). With effect from 23 February 2022 the total number of voting rights of the Company will be  121,216,000. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules.

Contact name for queries: Sarah Beynsberger

for and on behalf of BlackRock Investment Management (UK) Limited, Company Secretary

Tel: [phone]

21 February 2022