Statement re Possible C Share Issue

BlackRock Frontiers Investment Trust plc

Possible `C' Share issue

The Board of BlackRock Frontiers Investment Trust plc (the `Company') is
considering increasing the Company's capital base through an issue of `C'
shares to meet demand from new and existing investors whilst avoiding any
dilution for existing shareholders.

The Company will make a further announcement in due course.

Enquiries:
Simon White, Managing Director, Investment Companies, BlackRock
Investment Management (UK) Limited
Tel: [phone]

Sarah Beynsberger
BlackRock Investment Management (UK) Limited, Company Secretary
Tel: [phone]

Jane Lewis
Winterflood Investment Trusts
020 3100 0295