Tender Offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN. BLACKROCK NORTH AMERICAN INCOME TRUST PLC Tender Offer The Board of BlackRock North American Income Trust plc (the 'Company') announces that it has decided not to implement a semi-annual tender offer in July 2015. Over the six months to 30 April 2015, the average discount to net asset value ('NAV') on a cum income basis was 6.8% and ranged from a discount of 3.6% to 8.8%. The current discount on a cum income basis is 7.5%. Following a shareholder consultation, the Board has concluded that it is not in the interests of shareholders or the Company to implement a semi-annual tender offer in July 2015. The Board will continue to monitor the Company's discount to NAV and use its buy back authority when appropriate, with the objective of ensuring that the Company's shares do not trade at a significant discount to their NAV value. 6 May 2015 Enquiries: BlackRock Investment Management (UK) Limited Simon White - 020 7743 5284 Caroline Driscoll - 020 7743 2427 Cenkos Securities plc Will Rogers - 020 7397 1920 Sapna Shah - 020 7397 1922
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