Director/PDMR Shareholding

SCHEDULE 11                                  
                                                                               
         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS          

1) Name of company

BlackRock Frontiers Investment Trust plc

2) Name of director

John Murray

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

Shareholder named above

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

Smith & Williamson Nominees Ltd

5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

n/a

6) Please state the nature of the transaction.

Acquisition of C Shares

7) Number of shares/amount of stock acquired

25,000

8) Percentage of issued class

0.02%

9) Number of shares/amount of stock disposed

n/a

10) Percentage of issued class

n/a

11) Class of security

C Shares of 10 cents each

12) Price per share

Launch price of 100p per C Share

13) Date of transaction

31 July 2013

14) Date company informed

1 August 2013

15) Total holding following this notification

100,000 - Ordinary Shares
25,000 - C Shares

16) Total percentage holding of issued class following this notification

0.08%

17) Any additional information

None

18) Contact name for queries

Ms C Driscoll

19) Contact telephone number

020 7743 2427

20) Name of authorised company official responsible for making notification

Ms C Driscoll, BlackRock Investment Management (UK) Limited
Company Secretary

Date of notification: 1 August 2013