Annual Information Update

BLACKROCK FRONTIERS INVESTMENT TRUST PLC

ANNUAL INFORMATION UPDATE

Annual Information Update for the period 15 October 2010 (date of
incorporation) up to and including 5 January 2012.

Pursuant to the requirements of Prospectus Rule 5.2 the following summarises
the information that has been published or made available to the public by the
Company. Please note that some of this information may be out of date.

1. Announcements via a Regulatory Information Service (RIS):

(RIS Announcements can be viewed at or downloaded via the internet from 
http://dev.uk-wire.com using EPIC code BRFI).

1.1 Net Asset Values:


As far as possible the Company has announced daily the net asset value per
share as at the close of the previous business day.

1.2 Other Announcements

17 December 2010     Issue of equity                                  
                                                                      
17 December 2010     Director PDMR x 2                                
                                                                      
21 December 2010     Total voting rights                              
                                                                      
21 December 2010     Holdings in company                              
                                                                      
24 December 2010     Director PDMR                                    
                                                                      
24 December 2010     Holdings in company x 3                          
                                                                      
29 December 2010     Holdings in company - correction x 2             
                                                                      
4 January 2011       Total voting rights                              
                                                                      
17 January 2011      Portfolio update                                 
                                                                      
28 January 2011      Director PDMR                                    
                                                                      
3 February 2011      Portfolio update                                 
                                                                      
8 February 2011      Directorate change                               
                                                                      
17 February 2011     Interim management statement                     
                                                                      
25 February 2011     Portfolio update                                 
                                                                      
1 March 2011         Total voting rights                              
                                                                      
4 March 2011         Portfolio update                                 
                                                                      
1 April 2011         Total voting rights                              
                                                                      
4 April 2011         Compliance with model code                       
                                                                      
11 April 2011        Portfolio update                                 
                                                                      
12 April 2011        Director PDMR                                    
                                                                      
28 April 2011        Director PDMR - correction                       
                                                                      
3 May 2011           Total voting rights                              
                                                                      
12 May 2011          Half yearly report                               
                                                                      
16 May 2011          Blocklisting                                     
                                                                      
19 May 2011          Portfolio update                                 
                                                                      
20 May 2011          Doc Re: Submission of documents                  
                                                                      
1 June 2011          Total voting rights                              
                                                                      
15 June 2011         Portfolio update                                 
                                                                      
21 June 2011         Holdings in company                              
                                                                      
27 June 2011         Holdings in company                              
                                                                      
1 July 2011          Total voting rights                              
                                                                      
4 July 2011          Holdings in company                              
                                                                      
5 July 2011          Holdings in company x 2                          
                                                                      
12 July 2011         Directorate change                               
                                                                      
13 July 2011         Director PDMR                                    
                                                                      
14 July 2011         Portfolio update                                 
                                                                      
15 July 2011         Interim management statement                     
                                                                      
29 July 2011         Holdings in company                              
                                                                      
1 August 2011        Total voting rights                              
                                                                      
11 August 2011       Portfolio update                                 
                                                                      
25 August 2011       Holdings in company                              
                                                                      
1 September 2011     Total voting rights                              
                                                                      
14 September 2011    Director PDMR                                    
                                                                      
16 September 2011    Portfolio update                                 
                                                                      
3 October 2011       Compliance with model code                       
                                                                      
4 October 2011       Total voting rights                              
                                                                      
20 October 2011      Portfolio update                                 
                                                                      
1 November 2011      Total voting rights                              
                                                                      
16 November 2011     Portfolio update                                 
                                                                      
21 November 2011     Blocklisting                                     
                                                                      
1 December 2011      Total voting rights                              
                                                                      
2 December 2011      Holdings in company                              
                                                                      
2 December 2011      Final results                                    
                                                                      
5 December 2011      Doc Re: Submission of documents                  
                                                                      
6 December 2011      Director PDMR                                    
                                                                      
15 December 2011     Portfolio update                                 
                                                                      
3 January 2012       Total voting rights                              

2. Documents Filed with the Registrar of Companies:

 

Date                 Form                                
                                                         
15 October 2010      NEWINC                              
                                                         
24 November 2010     SH50                                
                                                         
24 November 2010     CERT8A                              
                                                         
2 December 2010      AP01                                
                                                         
2 December 2010      AP01                                
                                                         
2 December 2010      AP01                                
                                                         
2 December 2010      TM01                                
                                                         
2 December 2010      TM02                                
                                                         
2 December 2010      TM01                                
                                                         
2 December 2010      AA01                                
                                                         
2 December 2010      AP04                                
                                                         
3 December 2010      SH01                                
                                                         
3 December 2010      SH01                                
                                                         
3 December 2010      SH14                                
                                                         
3 December 2010      SH02                                
                                                         
3 December 2010      RES 01/09/13/11/10/10/11            
                                                         
7 December 2010      IC01                                
                                                         
13 January 2011      SH01                                
                                                         
12 May 2011          RES10/13/01                         
                                                         
20 June 2011         CERT21                              
                                                         
20 June 2011         OCT138                              
                                                         
20 June 2011         SH19                                
                                                         
9 August 2011        AD01                                
                                                         
2 November 2011      AP01                                
                                                         
4 November 2011      AP01                                
                                                         
14 November 2011     AR01                                


3. Printed Publications:

The Annual Report and Accounts for the period from 15 October 2010 (date of
incorporation) to year ended 30 September 2011 and the Half Yearly Report for
the period from 15 October 2010 to the six months ended 31 March 2011 are
available from the Company registered office and via 12 Throgmorton Avenue,
London EC2N 2DL or can be downloaded from www.blackrock.co.uk/brfi.

Other sources of information:

The Company's Ordinary shares are listed on the London Stock Exchange and the
price of these shares is published in the Financial Times and the Times under
`Investment Companies' and in the Daily Telegraph under "Investment Trusts".
The share price is also available on the BlackRock Investment Management (UK)
Limited website at www.blackrock.co.uk/brfi.

Further information can be obtained from BlackRock Investment Management (UK)
Limited as follows:

    Free investor helpline: 0800 445522                               
                                                                      
    Email address: www.blackrock.co.uk/brfi.                          
                                                                      
         
BlackRock Investment Management (UK) Limited
Secretary
6 January 2011