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

Lynn Ruddick

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)

Lynchwood Nominees Ltd and TD Wealth Institutional Nominees (UK) 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.

Conversion of C Shares into ordinary shares

7) Number of shares/amount of stock acquired

21,966 (2,636 in Lynchwood Nominees Ltd and 19,330 in TD Wealth Institutional
Nominees (UK) Ltd)

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

Ordinary shares of 1 cent each

12) Price per share

n/a (conversion ratio 0.8787)

13) Date of transaction

25 September 2013

14) Date company informed

25 September 2013

15) Total holding following this notification

47,966 - Ordinary Shares

16) Total percentage holding of issued class following this notification

0.03%

17) Any additional information

None

18) Contact name for queries

Ms S Beynsberger

19) Contact telephone number

020 7743 2639

20) Name of authorised company official responsible for making notification

Ms S Beynsberger, BlackRock Investment Management (UK) Limited
Company Secretary

Date of notification: 26 September 2013