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 Nicholas Pitts-Tucker 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) Nicholas Pitts-Tucker 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. Purchasing of shares 7) Number of shares/amount of stock acquired 20,000 8) Percentage of issued class 0.020% 9) Number of shares/amount of stock disposed n/a 10) Percentage of issued class n/a 11) Class of security Ordinary shares of £1 each 12) Price per share 107.5p 13) Date of transaction 23 December 2010 14) Date company informed 23 December 2010 15) Total holding following this notification 20,000 16) Total percentage holding of issued class following this notification 0.020% 17) Any additional information None 18) Contact name for queries Mrs A B Powley 19) Contact telephone number 020 7743 5610 20) Name of authorised company official responsible for making notification Mrs A B Powley, BlackRock Investment Management (UK) Limited Company Secretary Date of notification: 23 December 2010
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