Issue of Equity

5 July 2013

BlackRock North American Income Trust plc (the "Company")

Issue of Equity

The Company announces that it has allotted 200,000 new ordinary shares of 1p
each for cash, at a price of 116.125 pence per share, a premium to the
Company's net asset value, under its ordinary share blocklisting facility. The
new ordinary shares will rank pari passu with the existing ordinary shares and
dealings are expected to commence on 10 July 2013.

Following the allotment of these shares, the Company will have the ability to
issue a further 7,648,999 shares under its block listing facility.

In addition, the Company wishes to notify the market (as per DTR 5.6.1R) that,
as a result of the above allotment of ordinary shares, the issued share capital
of the Company will consist of 80,688,500 ordinary shares.  Each ordinary share
carries the right to one vote in relation to all circumstances at general
meetings of the Company.  The Company does not hold any ordinary shares in
Treasury.

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure and Transparency Rules.

Enquiries

A B Powley
BlackRock Investment Management (UK) Limited
Secretary
020 7743 5610