Director/PDMR Shareholding

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS

1. Name of Issuer

BlackRock North American Income Trust plc

2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4R(1)(b) a disclosure made in
accordance with section 324 (as extended by section 328) of the Companies Act
1985; or (iii) both (i) and (ii).

Both (i) and (ii)

3. Name of person discharging managerial responsibilities/director.

Mr Andrew Irvine

4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected persons.

Holding of the director referred to in 3

5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest.

Holding of the director referred to in 3

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares.

Ordinary Shares

7. Name of registered shareholder(s) and, if more than one, the number of
shares held by each of them.

Brewin 1762 Nominees Ltd

8. State the nature of the transaction.

Conversion of C Shares into Ordinary Shares

9. Number of shares, debentures or financial instruments relating to shares
acquired.

18,094

10. Percentage of issued class acquired (treasury shares or that class should
not be taken into account when calculating percentage).

0.02%

11. Number of shares, debentures or financial instruments relating to shares
disposed.

N/A

12. Percentage of issued class disposed (treasury shares or that class should
not be taken into account when calculating percentage).

N/A

13. Price per share or value of transaction.

N/A (conversion ratio of 0.9047)

14. Date and place of transaction.

23 October 2013

15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage).

38,094 ordinary shares (0.04%)

16. Date issuer informed of transaction.

23 October 2013

17. Date of grant.

N/A

18. Period during which or date on which it can be exercised.

N/A

19. Total amount paid (if any) for grant of the option.

N/A

20. Description of shares or debentures involved (class and number).

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to
be fixed at the time of the exercise.

N/A

22. Total number of shares or debentures over which option held following
notification.

N/A

23. Any additional information.

N/A

24. Name of contact and telephone number for queries.

Caroline Driscoll
Company Secretary
020 7743 2427