Tender Offer

BLACKROCK COMMODITIES INCOME INVESTMENT TRUST PLC TENDER OFFER ANNOUNCEMENT 6 December 2011 The Board of BlackRock Commodities Income Investment Trust plc (the "Company") today announces its decision not to proceed with a semi-annual tender offer in February 2012. Over the six month period to 30 November 2011, the Company's shares traded at an average discount to Net Asset Value ("NAV") of 0.3%. Given that this is better than a discount of 2% to NAV, the price at which any tender offer would be made, the Board has concluded that it is not in the interests of shareholders to implement the tender offer as at 28 February 2012. Enquiries: Kerry V Higgins BlackRock Investment Management (UK) Limited, Secretary Telephone: 020 7743 1089
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