SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934 (Amendment No. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [_]
Check the appropriate box:
[X] Preliminary Proxy Statement [_] Soliciting Material Under Rule
[_] Confidential, For Use of the 14a-12
Commission Only (as permitted
by Rule 14a-6(e)(2))
[_] Definitive Proxy Statement
[_] Definitive Additional Materials
THE BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST INC. ("BKN")
THE BLACKROCK INSURED MUNICIPAL 2008 TERM TRUST INC. ("BRM")
THE BLACKROCK CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC. ("BFC")
THE BLACKROCK FLORIDA INSURED MUNICIPAL 2008 TERM TRUST ("BRF")
THE BLACKROCK NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC. ("BLN")
THE BLACKROCK BROAD INVESTMENT GRADE 2009 TERM TRUST INC. ("BCT")
THE BLACKROCK INCOME TRUST INC. ("BKT")
THE BLACKROCK HIGH YIELD TRUST ("BHY")
THE BLACKROCK INVESTMENT QUALITY TERM TRUST INC. ("BQT")
THE BLACKROCK ADVANTAGE TERM TRUST INC. ("BAT")
THE BLACKROCK MUNICIPAL TARGET TERM TRUST INC. ("BMN")
THE BLACKROCK CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC. ("RAA")
THE BLACKROCK FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST ("RFA")
THE BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC. ("RNJ")
THE BLACKROCK NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC. ("RNY")
THE BLACKROCK INCOME OPPORTUNITY TRUST INC. ("BNA")
THE BLACKROCK INSURED MUNICIPAL TERM TRUST INC. ("BMT")
THE BLACKROCK PENNSYLVANIA STRATEGIC MUNICIPAL TRUST ("BPS")
THE BLACKROCK STRATEGIC MUNICIPAL TRUST ("BSD")
BLACKROCK FLORIDA MUNICIPAL INCOME TRUST ("BBF")
BLACKROCK MUNICIPAL INCOME TRUST ("BFK")
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST ("BFZ")
BLACKROCK NEW JERSEY MUNICIPAL INCOME TRUST ("BNJ")
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST ("BNY")
BLACKROCK CALIFORNIA MUNICIPAL 2018 TERM TRUST ("BJZ")
BLACKROCK MUNICIPAL 2018 TERM TRUST ("BPK")
BLACKROCK NEW YORK MUNICIPAL 2018 TERM TRUST ("BLH")
BLACKROCK CORE BOND TRUST ("BHK")
BLACKROCK STRATEGIC BOND TRUST ("BHD")
BLACKROCK MUNICIPAL BOND TRUST ("BBK")
BLACKROCK CALIFORNIA MUNICIPAL BOND TRUST ("BZA")
BLACKROCK FLORIDA MUNICIPAL BOND TRUST ("BIE")
BLACKROCK MARYLAND MUNICIPAL BOND TRUST ("BZM")
BLACKROCK NEW JERSEY MUNICIPAL BOND TRUST ("BLJ")
BLACKROCK NEW YORK MUNICIPAL BOND TRUST ("BQH")
BLACKROCK VIRGINIA MUNICIPAL BOND TRUST ("BHV")
BLACKROCK MUNICIPAL INCOME TRUST II ("BLE")
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST II ("BCL")
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST II ("BFY")
BLACKROCK INSURED MUNICIPAL INCOME TRUST ("BYM")
BLACKROCK CALIFORNIA INSURED MUNICIPAL INCOME TRUST ("BCK")
BLACKROCK FLORIDA INSURED MUNICIPAL INCOME TRUST ("BAF")
BLACKROCK NEW YORK INSURED MUNICIPAL INCOME TRUST ("BSE")
BLACKROCK PREFERRED OPPORTUNITY TRUST ("BPP")
BLACKROCK LIMITED DURATION INCOME TRUST ("BLW")
BLACKROCK MUNICIPAL 2020 TERM TRUST ("BKK")
BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST ("BFO")
BLACKROCK DIVIDEND ACHIEVERS(TM) TRUST ("BVD")
--------------------------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)
--------------------------------------------------------------------------------
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[BLACKROCK LOGO]
BLACKROCK CLOSED-END FUNDS
100 BELLEVUE PARKWAY
WILMINGTON, DELAWARE 19809
----------------
NOTICE OF JOINT ANNUAL MEETING OF
STOCKHOLDERS/SHAREHOLDERS
TO BE HELD ON MAY 26, 2004
----------------
Notice is hereby given to the Stockholders/Shareholders of each of
the BlackRock Closed-End Funds listed on Appendix A to the Proxy Statement
accompanying this notice (collectively, the "Trusts") that:
The Joint Annual Meeting of Stockholders/Shareholders of the Trusts
(the "Annual Meeting") will be held at the New York East Side Marriott, 525
Lexington Avenue, New York, New York, on Wednesday, May 26, 2004, at 10:00 a.m.
(New York City time). For the sake of convenience and clarity, individual Trusts
are identified throughout this notice and the attached Proxy Statement by their
trading symbols. A list of the Trusts setting forth each Trust's full name and
trading symbol is attached to the Proxy Statement accompanying this notice as
Appendix A. The Annual Meeting is being held for the following purposes:
1. A. For each of the following Trusts to elect two Directors
(or, where applicable, Trustees), each to hold office for the
term indicated in the attached Proxy Statement until their
successors shall have been elected and qualified:
RNY RNJ RFA RAA BSD BPS
BAT BPP BLW BKK BFO BCT BDV
1. B. For each of the following Trusts to elect three Directors (or,
where applicable, Trustees), each to hold office for the term
indicated in the attached Proxy Statement until their
successors shall have been elected and qualified:
BKN BRM BFC BRF BLN BHY BBK
BQH BZA BZM BLJ BHV BIE BLE
BCL BFY BYM BCK BAF BSE BKT
BNA BQT BMN BMT BBF BFK BFZ
BNJ BNY BJZ BPK BLH BHK BHD
2. For each of the following Trusts to amend its respective
Articles Supplementary in order to require an annual, instead
of a quarterly, valuation date in connection with certain
asset coverage tests:
BMN BMT RNJ RNY
BRM BLN BFC BKN RAA
3. To transact such other business as may properly come before
the Annual Meeting or any adjournments or postponements
thereof.
THE BOARD OF DIRECTORS OR TRUSTEES (THE "BOARD") OF EACH TRUST, INCLUDING THE
INDEPENDENT DIRECTORS, UNANIMOUSLY RECOMMENDS THAT YOU VOTE "FOR" THE PROPOSALS.
We encourage you to contact BlackRock toll free at (800) 227-7BFM
(7236) from 9:00 a.m. to 6:00 p.m. EST if you have any questions.
The Board of each Trust has fixed the close of business on February
27, 2004 as the record date for the determination of Stockholders/Shareholders
entitled to notice of, and to vote at, the Annual Meeting. We urge you to mark,
sign, date, and mail the enclosed proxy in the postage-paid envelope provided or
record your voting instructions via telephone or the internet (for those Trusts
that permit voting by telephone or internet) so you will be represented at the
Annual Meeting.
By order of the
Board of each Trust
Vincent B. Tritto, Secretary of each Trust
New York, New York
April 21, 2004
--------------------------------------------------------------------------------
IT IS IMPORTANT THAT YOUR SHARES BE REPRESENTED AT THE ANNUAL MEETING IN PERSON
OR BY PROXY. WHETHER OR NOT YOU PLAN TO ATTEND THE ANNUAL MEETING, PLEASE VOTE
BY TELEPHONE, INTERNET OR MAIL (NOT EVERY TRUST PERMITS VOTING BY INTERNET AND
TELEPHONE. PLEASE CHECK YOUR PROXY CARD). IF VOTING BY MAIL PLEASE SIGN, DATE
AND RETURN THE ENCLOSED PROXY CARD IN THE ACCOMPANYING POSTAGE-PAID ENVELOPE. IF
YOU ATTEND THE ANNUAL MEETING AND WISH TO VOTE IN PERSON, YOU WILL BE ABLE TO DO
SO AND YOUR VOTE AT THE ANNUAL MEETING WILL REVOKE ANY PROXY YOU MAY HAVE
SUBMITTED. YOUR VOTE IS EXTREMELY IMPORTANT. NO MATTER HOW MANY OR HOW FEW
SHARES YOU OWN, PLEASE SEND IN YOUR PROXY CARD TODAY.
--------------------------------------------------------------------------------
2
BLACKROCK CLOSED-END FUNDS
PROXY STATEMENT
FOR
JOINT ANNUAL MEETING OF STOCKHOLDERS/SHAREHOLDERS
TO BE HELD ON MAY 26, 2004
This document will give you the information you need to vote on the
matters listed on the accompanying Notice of Joint Annual Meeting of
Stockholders/Shareholders ("Notice of Annual Meeting"). Much of the information
in this joint proxy statement ("Proxy Statement") is required under rules of the
Securities and Exchange Commission ("SEC"); some of it is technical. If there is
anything you don't understand, please contact us at our toll-free number, (800)
227-7BFM (7236).
This Proxy Statement is furnished in connection with the
solicitation by the respective Board of Directors or Trustees, as the case may
be (the "Board"), of each of the Trusts of proxies to be voted at the Joint
Annual Meeting of Stockholders/Shareholders of the Trusts to be held on
Wednesday, May 26, 2004, and any adjournment or postponement thereof (the
"Annual Meeting"). The Annual Meeting will be held at the New York East Side
Marriott, 525 Lexington Avenue, New York, New York, on May 26, 2004, at 10:00
a.m. (New York City time). As used in the Notice of Annual Meeting and as used
herein, the term "Directors" shall include Trustees, the term "shareholders"
shall include stockholders and the term "share" shall include stock where the
use of the terms "Trustees" or "stockholders" or "stock" would otherwise be
appropriate. This Proxy Statement and the enclosed proxy card are first being
sent to the Trusts' shareholders on or about April 14, 2004.
* WHY IS A SHAREHOLDER MEETING BEING HELD?
Because the common shares of each Trust are listed on a nationally
recognized stock exchange that requires each Trust to hold an annual
meeting of shareholders.
* WHAT PROPOSALS WILL BE VOTED ON?
In the first proposal, shareholders of all Trusts are being asked to
elect nominees for the Board of each Trust in which they own shares
(the "First Proposal"). In the second proposal, shareholders of each
of BMN, BMT, BRM, BLN, BFC, BKN, RAA, RNJ and RNY are being asked to
approve an amendment to those Trusts' Articles Supplementary (the
"Second Proposal").
PROPOSAL TRUST
-------- -----
#1 To elect Directors All Trusts
#2 To amend the Trusts' Articles Supplementary BMN, BMT, BRM, BLN, BFC, BKN, RAA, RNJ, RNY
* WILL MY VOTE MAKE A DIFFERENCE?
YES! Your vote is important and will make a difference in the
governance of the Trust(s), no matter how many shares you own.
* WHO IS ASKING FOR YOUR VOTE?
The enclosed proxy is solicited by the Board of each Trust for use
at the Annual Meeting to be held on Wednesday, May 26, 2004, and, if
the Annual Meeting is adjourned or postponed, at any later meetings,
for the purposes stated in the Notice of Annual Meeting (see
previous pages). The Notice of Annual Meeting, the proxy and this
Proxy Statement are being mailed on or about April 14, 2004.
* HOW DO THE TRUSTS' BOARDS RECOMMEND THAT SHAREHOLDERS VOTE ON THE
PROPOSALS?
Each Board unanimously recommends that you vote "for" the respective
Proposal.
* WHO IS ELIGIBLE TO VOTE?
Shareholders of record of each Trust at the close of business on
February 27, 2004 are entitled to be present and to vote at the
Annual Meeting or any adjourned or postponed meeting.
3
Each share is entitled to one vote. Shares represented by duly
executed proxies will be voted in accordance with your instructions.
If you sign the proxy, but don't fill in a vote, your shares will be
voted in accordance with your Board's recommendation. If any other
business is brought before your Trust's Annual Meeting, your shares
will be voted at your Board's discretion.
* HOW MANY SHARES OF EACH TRUST WERE OUTSTANDING AS OF THE RECORD
DATE?
Appendix B sets forth the number of outstanding shares for each
Trust at the close of business on February 27, 2004.
* WHY DOES THIS PROXY STATEMENT LIST SEVERAL CLOSED-END FUNDS?
The Trusts have similar proposals and it is cost-efficient to have a
joint proxy statement and one annual meeting. In the event that any
shareholder present at the Annual Meeting objects to the holding of
a joint meeting and moves for an adjournment of his or her Trust's
meeting to a time immediately after the Annual Meeting so that such
Trust's meeting may be held separately, the persons named as proxies
will vote in favor of such adjournment. Shareholders of each Trust
will vote separately on the respective Proposals relating to their
Trust. In any event, an unfavorable vote on any Proposal by the
shareholders of one Trust will not affect the implementation of such
Proposal by another Trust if the Proposal is approved by the
shareholders of that Trust.
THE PROPOSALS
* FIRST PROPOSAL: TO ELECT DIRECTORS
WHO ARE THE NOMINEES FOR DIRECTORS?
The Directors of the Trusts are classified into three classes of
Directors: Class I, Class II and Class III. Each class has a term of
three years. There are two or three nominees with respect to each
Trust because each year the term of office of one class expires and
only Directors of the respective Trust whose current terms are
expiring are being nominated for election at the Annual Meeting.
The following table sets forth the class and nominees to be voted on
by each Trust:
CLASS OF DIRECTORS
FUND STANDING FOR ELECTION NOMINEES FOR DIRECTORS
--------------------------------------------------------------------------------------------------------------
RNY BSD BPP BDV CLASS I Richard E. Cavanagh(1)
RNJ BPS BLW James Clayburn La Force, Jr.
RFA BCT BKK
RAA BAT BFO
--------------------------------------------------------------------------------------------------------------
BKN BHY BLJ BFY CLASS II Frank J. Fabozzi(1)
BRM BBK BHV BYM Walter F. Mondale
BFC BQH BIE BCK Ralph L. Schlosstein
BRF BZA BLE BAF
BLN BZM BCL BSE
--------------------------------------------------------------------------------------------------------------
BKT BMT BNJ BLH CLASS III Andrew F. Brimmer
BNA BBF BNY BHK Kent Dixon
BQT BFK BJZ BHD Robert S. Kapito
BMN BFZ BPK
--------------------------------------------------------------------------------------------------------------
(1) To be elected by holders of preferred shares only, except that, for
BHY, BCT, BAT, BLW and BDV which do not have preferred shares, to be
elected by holders of common shares.
Each Director is also a Director of each of the other BlackRock
closed-end Trusts. Each nominee's background is described below.
4
The holders of any Trust's preferred shares will have equal voting
rights with the holders of that Trust's common shares (i.e., one vote per
share), and will vote together with the holders of common shares as a single
class on the proposal to elect Directors, except that the holders of preferred
shares of each Trust which is electing Class I or II Directors at this Annual
Meeting, voting separately as a class, will elect the preferred shares Director
from each of such classes. The two Directors that have been designated as
representing the holders of each respective Trust's preferred shares are Messrs.
Richard E. Cavanagh and Frank J. Fabozzi.
Each Director elected will hold office for three years and until
their successors shall have been elected and qualified. The other Directors of
the Trusts will continue to serve under their current terms. The other classes
will be elected at subsequent annual meetings of shareholders.
BAT, BCT and BQT each hold substantially all of their assets in
their respective wholly owned subsidiaries, BAT Subsidiary Inc. ("BATS"), BCT
Subsidiary Inc. ("BCTS") and BQT Subsidiary Inc. ("BQTS"). The Board of each
wholly owned subsidiary is identical to the Board of its respective parent
company. Accordingly, nominees elected as Directors of BAT, BCT, and BQT,
respectively, will be appointed by BAT, BCT and BQT, respectively, to serve as
Directors of BATS, BCTS and BQTS, respectively, each of which has investment
objectives and policies identical to BAT, BCT, and BQT, respectively.
Certain information concerning the nominees for each of the Trusts
is set forth in the table below. All of the nominees are currently Directors of
each of the Trusts, including BATS, BCTS, and BQTS, and have served in such
capacity since each of the Trusts commenced their respective operations, except
for the following exceptions. Mr. Richard E. Cavanagh has served as Director
since his appointment by the Boards of BKN, BRM, BFC, BRF, BLN, BCT, BKT, BQT,
BAT, BMN, RAA, RFA, RNJ, RNY, BNA and BMT on August 11, 1994 to fill a vacancy.
With respect to BKT, BQT, BAT, BMN, BNA and BMT, Mr. James Clayburn La Force,
Jr. has served as Director since his election at the Trusts' annual meeting of
shareholders on June 19, 1992. Mr. Walter F. Mondale, who was previously a
Director of BKN, BRM, BFC, BLN, BCT, BKT, BQT, BAT, BMN, BMT, RFA, RAA, RNJ,
RNY, BNA and BRF from inception to August 12, 1993, has served as Director since
his election at the Trusts' annual meeting of shareholders on April 15, 1997,
except that he resigned on October 31, 2002 to run for the U.S. Senate and was
subsequently reappointed by the Boards on November 12, 2002. Mr. Robert S.
Kapito was appointed by the Boards on August 22, 2002 to fill a vacancy.
Pursuant to the requirements of Maryland law, Messrs. Mondale and Kapito were
elected as Directors of BKN, BRM, BFC, BLN, BCT, BKT, BQT, BAT, BMN, BMT, RAA,
RNJ, RNY and BNA at the Trusts' annual meeting of shareholders on May 22, 2003.
Mr. Ralph L. Schlosstein also serves as Chairman and President of the BlackRock
Liquidity Funds and Director of Anthracite Capital, Inc. and several of
BlackRock's alternative investment vehicles. Each Director holds his position as
to each of the 49 active closed-end funds(1) advised by BlackRock Advisors, Inc.
(the "Fund Complex"). As of February 27, 2004, the Fund Complex consisted of 49
active closed-end funds, each with one investment portfolio.
Except as indicated, each individual has held the office shown or
other offices in the same company for the last five years. The "interested"
Directors (as defined in Section 2(a)(19) of the Investment Company Act of 1940,
as amended (the "1940 Act")) are indicated by an asterisk(*). Independent
directors are those who are not interested persons of the Trusts or BlackRock
Advisors, Inc. and comply with the definition of "independent" (as defined in
Rule 10A-3 of the Securities Exchange Act of 1934) (the "Independent
Directors"). Unless specified otherwise below, the business address of the
Directors and officers of each of the Trusts is 40 East 52nd Street, New York,
New York 10022, and the address of BlackRock Advisors, Inc. (the "Advisor") is
100 Bellevue Parkway, Wilmington, Delaware 19809.
--------------------
1 The 49 active closed-end funds consist of 48 funds listed on a nationally
recognized stock exchange included in this Proxy Statement and one interval
fund, Partners Balanced Trust, which is not required to be included in this
Proxy Statement.
5
OTHER DIRECTORSHIPS HELD BY
NAME, ADDRESS PRINCIPAL OCCUPATION(S) DIRECTOR OR NOMINEE FOR
AND AGE DURING PAST 5 YEARS DIRECTOR
--------------------------- ---------------------------------------- ------------------------------
INTERESTED DIRECTORS:
Ralph L. Schlosstein* Director since 1999 and President of BlackRock, Inc. since Chairman and President of the BlackRock
Age 53 its formation in 1998 and of BlackRock, Inc.'s predecessor Liquidity Funds (10 portfolios). Director of
Class II entities since 1988. Member of the Management Committee Anthracite Capital, Inc. and Director of
and Investment Strategy Group of BlackRock, Inc. Formerly, seve of BlackRock's alternative investment
Managing Director of Lehman Brothers, Inc. and Co-head of vehicles. Currently, a Member of the
its Mortgage and Savings Institutions Group. Currently, Visiting Board of Overseers of the John F.
Chairman and Trustee of each of the closed-end Trusts in Kennedy School of Government at Harvard
which the Advisor acts as investment advisor. University, the Financial Institutions
Center Board of th Wharton School of the
University of Pennsylva a Trustee of the
American Museum of Natural History, a
Trustee of Trinity School in New York City
and a Trustee of New Visions for Public
Education in New York City. Formerly, a
Director of Pulte Corporation and a Member
of Fannie Mae's Advisory Council.
Robert S. Kapito* Vice Chairman of BlackRock, Inc., Head of the Portfolio Chairman of the Hope & Heroes Children's
Age: 47 Management Group, a member of the Management Cancer Fund. President of the Board of
Class III Committee, the Investment Strategy Group, the Fixed Income Directors of Periwinkle National Theatre
and Global Operating Committees and the Equity Investment for Young Audiences. Director of icruise.com,
Strategy Group of BlackRock, Inc. Responsible for the Corp.
portfolio management of the Fixed Income, Domestic Equity,
Liquidity and Alternative Investment Groups of BlackRock.
Currently, President and Trustee for each of the
closed-end Trusts in which the Advisor acts as investment
advisor.
INDEPENDENT DIRECTORS:
Andrew F. Brimmer President of Brimmer & Company, Inc., a Washington D.C.- Director of CarrAmerica Realty Corporation
P.O. Box 4546 based economic and financial consulting firm. Also, Wilmer and Borg-Warner Automotive. Former Director
New York, NY 10163 D. Barrett Professor of Economics, University of of AirBorne Express, BankAmerica Corporation
Age: 77 Massachusetts - Amherst. Former member of the Board of (Bank of America), Bell South Corporation,
Class III Governors of the Federal Reserve System. Former Chairman, College Retirement Equities Fund (Trustee),
District of Columbia Financial Control Board. Lead Trustee Commodity Exchange, Inc. (Public Governor),
and Chairman of the Audit Committee of each of the closed- Connecticut Mutual Life Insurance Company,
end trusts of which BlackRock Advisors Inc. acts as E.I. du Pont de Nemours & Company, Equitable
investment advisor. Life Assurance Society of the United States,
Gannett Company, Mercedes-Benz of North
America, MNC Financial Corporation (American
Security Bank), NCM Capital Management,
Navistar International Corporation, PHH
Corp. and UAL Corporation (United Airlines).
Richard E. Cavanagh President and Chief Executive Officer of The Conference Trustee Emeritus, Wesleyan University,
P.O. Box 4546 Board, Inc., a leading global business membership Trustee, Airplanes Group, Aircraft Finance
New York, NY 10163 organization, from 1995-present. Former Executive Dean of Trust (AFT) and Educational Testing Service
Age: 57 the John F. Kennedy School of Government at Harvard (ETS). Director, Arch Chemicals, Fremont
Class I University from 1988-1995. Acting Director, Harvard Center Group and The Guardian Life Insurance
for Business and Government (1991-1993). Former Partner Company of America.
(principal) of McKinsey & Company, Inc. (1980-1988).
Former Executive Director of Federal Cash Management,
White House Office of Management and Budget (1977- 1979).
Co-author, THE WINNING PERFORMANCE (best selling
management book published in 13 national editions).
Kent Dixon Consultant/Investor. Former President and Chief Executive Former Director of ISFA (the owner of
P.O. Box 4546 Officer of Empire Federal Savings Bank of America and INVEST, a national securities brokerage
New York, NY 10163 Banc PLUS Savings Association. Former Chairman of the service designed for banks and thrift
Age: 66 Board, President and Chief Executive Officer of Northeast institutions).
Class III Savings.
6
OTHER DIRECTORSHIPS HELD BY
NAME, ADDRESS PRINCIPAL OCCUPATION(S) DIRECTOR OR NOMINEE FOR
AND AGE DURING PAST 5 YEARS DIRECTOR
--------------------------- ---------------------------------------- ------------------------------
Frank J. Fabozzi Consultant. Editor of THE JOURNAL OF PORTFOLIO Director, Guardian Mutual Funds Group (18
P.O. Box 4546 MANAGEMENT and Adjunct Professor of Finance at the portfolios).
New York, NY 10163 School of Management at Yale University. Author and editor
Age: 55 of several books on fixed income portfolio management.
Class II Visiting Professor of Finance and Accounting at the Sloan
School of Management, Massachusetts Institute of Technology
from 1986 to August 1992.
James Clayburn Dean Emeritus of The John E. Anderson Graduate School of Director, Payden & Rygel Investment Trust,
La Force, Jr. Management, University of California since July 1, 1993. Metzler-Payden Investment Trust, Advisors
P.O. Box 4546 Acting Dean of The School of Business, Hong Kong Series Trust, Arena Pharmaceuticals, Inc. and
New York, NY 10163 University of Science and Technology 1990-1993. From CancerVax Corporation.
Age: 75 1978 to September 1993, Dean of The John E. Anderson
Class I Graduate School of Management, University of California.
Walter F. Mondale Senior Counsel, Dorsey & Whitney LLP, a law firm (January Director of United Health Foundation and the
P.O. Box 4546 2004 - present); Partner, Dorsey & Whitney LLP, Japan Society. Member of the Hubert H.
New York, NY 10163 (December 1996 - December 2003, September 1987 - August Humphrey Institute of Public Affairs Advisory
Age: 76 1993). Former U.S. Ambassador to Japan (1993 - 1996). Board, The Mike and Maureen Mansfield
Class II Formerly Vice President of the United States, U.S. Senator Foundation, Dean's Board of Visitors of the
and Attorney General of the State of Minnesota. 1984 Medical School at the University of
Democratic Nominee for President of the United States. Minnesota, and the Mayo Foundation
Formerly Director of Northwest Airlines Corp., UnitedHealth Advisory Council to the President.
Group and RBC Dain Rauscher, Inc.
* DO THE TRUSTS HAVE ANY COMMITTEES?
Yes. The Trusts' Directors have determined that the efficient
conduct of the Trusts' affairs makes it desirable to delegate responsibility for
certain specific matters to committees of the Boards. The committees meet as
often as necessary, either in conjunction with regular meetings of the Directors
or otherwise. The Governance Committee appoints the members and chairperson of
the Audit Committee and the chairperson of the Governance Committee.
EXECUTIVE COMMITTEE
Each Trust has an Executive Committee composed of Messrs.
Schlosstein and Kapito, which acts on behalf of the full Board on certain
matters in the interval between meetings of the Board.
AUDIT COMMITTEE
Each of the Trusts has an Audit Committee, composed of three of the
Independent Directors, which is charged with selecting a firm of independent
accountants for its respective Trust and reviewing accounting matters with the
accountants.
The Audit Committee of each Trust presents the following report:
The Audit Committee of each Trust has performed the following
functions: (i) the Audit Committee reviewed and discussed the audited financial
statements of each Trust with management of each respective Trust, (ii) the
Audit Committee discussed with the independent auditors the matters required to
be discussed by the Statement on Auditing Standards No. 61, (iii) the Audit
Committee received the written disclosures and the letter from the independent
auditors required by ISB Standard No. 1 and has discussed with the auditors the
auditors' independence and (iv) the Audit Committee recommended to the Board of
Directors of each Trust that the financial statements be included in each
Trust's Annual Report for the past fiscal year.
The members of the Audit Committee of each Trust are Messrs. Brimmer
(Chairman of the Audit Committee), Cavanagh and Dixon, all of whom are
Independent Directors. The Board of each Trust has determined that each Trust
has two audit committee financial experts serving on its audit committee, Dr.
Brimmer and Mr. Dixon, both of whom are independent for the purpose of the
definition of audit committee financial expert as applicable to the Trusts.
The Audit Committee is governed by a written charter, which was
revised on February 19, 2004 and is attached hereto as Appendix C.
7
GOVERNANCE COMMITTEE
Each of the Trusts has a Governance Committee, which also performs
the functions normally performed by a nominating committee. The Governance
Committee is composed of all of the Independent Directors. The 1940 Act requires
that the Trusts have a minimum proportion of directors who are not affiliated in
any way with the investment manager, principal underwriter or any broker-dealer
of the Trusts. These Independent Directors must vote separately to approve all
financial arrangements and other agreements with the Trusts' investment manager
and other affiliated parties. Each Trust's Independent Directors meet regularly
as a group in executive session as the Governance Committee.
As part of its duties, the Governance Committee makes
recommendations to the full Board of each Trust with respect to candidates for
the Board and with respect to the compensation of Directors. The Governance
Committee will consider director candidates recommended by shareholders. In
considering candidates submitted by shareholders, the Governance Committee will
take into consideration the needs of the Board and the qualifications of the
candidate. The Governance Committee may also take into consideration the number
of shares held by the recommending shareholder and the length of time that such
shares have been held. To have a candidate considered by the Governance
Committee, a shareholder must submit the recommendation in writing and must
include:
o The name of the shareholder and evidence of the person's
ownership of shares of the applicable Trust(s), including the
number of shares owned and the length of time of ownership; and
o The name of the candidate, the candidate's resume or a listing
of his or her qualifications to be a Director of the Trust(s)
and the person's consent to be named as a Director if selected
by the Governance Committee and nominated by the Board.
The shareholder recommendation and information described above must
be sent to the Corporate Secretary, c/o BlackRock, P.O. Box 4546, New York, New
York 10163 and must be received by the Corporate Secretary not less than 120
days prior to the anniversary date of the Trust's most recent annual meeting of
shareholders. The Governance Committee believes that the minimum qualifications
for serving as a Director of the Trust(s) are that a candidate demonstrate, by
significant accomplishment in his or her field, an ability to make a meaningful
contribution to the Board's oversight of the business and affairs of the
Trust(s) and have an impeccable record and reputation for honest and ethical
conduct in both his or her professional and personal activities. In addition,
the Governance Committee examines a candidate's specific experiences and skills,
time availability in light of other commitments, potential conflicts of interest
and independence from management and the Trust(s). The Governance Committee also
seeks to have the Board represent a diversity of backgrounds and experience. The
Trusts do not pay any third party a fee to assist in the process of identifying
and evaluating candidates.
The Joint Governance Committee Charter of the Trusts is available at
BlackRock's web site at http://www.blackrock.com/funds/cefunds/index.html under
the heading "Corporate Governance/Committee Charters."
* DO THE TRUSTS HAVE A POLICY WITH RESPECT TO THE ATTENDANCE OF
DIRECTORS AT THE ANNUAL MEETING?
It is the Trusts' policy to encourage Directors to attend the Annual
Meeting. At the Annual Meeting on May 22, 2003, all of the Trusts' Directors
were present.
* HOW CAN THE TRUSTS' SHAREHOLDERS SEND COMMUNICATIONS TO THE
DIRECTORS?
Shareholders and other interested parties may contact the Boards or
any member of the Boards by mail or electronically. To communicate with the
Boards or any member of the Boards, correspondence should be addressed to the
Board or the Board members with whom you wish to communicate by either name or
title. All such correspondence should be sent c/o Secretary of the applicable
Trust or Trusts at P.O. Box 4546, New York, New York 10163. Shareholders may
communicate with the Boards electronically by sending an email to
"closedendfundsbod@blackrock.com."
* HOW MANY SHARES OF THE TRUSTS DO THE DIRECTORS OWN?
The chart attached hereto as Appendix D lists the number of shares
beneficially owned by the Directors and the number of share equivalents owned by
the Directors pursuant to the Directors' deferred compensation plan.
8
* HOW OFTEN DO THE DIRECTORS MEET?
Eight meetings of the Boards of each of BZA, BIE, BZM, BBK, BLJ,
BQH, BHV, BLE, BCL and BFY and nine meetings of the Boards of each of BYM, BCK,
BAF and BSE were held during their last fiscal year between September 1, 2002
and August 31, 2003. Five meetings of the Boards of each of BNA, BHD, BCT, BHY,
BKN, BKT, RAA, RNJ, RNY and BHK and six meetings of the Boards of each of RFA,
BBF, BFK, BFZ, BNJ and BNY were held during their last fiscal year between
November 1, 2002 and October 31, 2003. Six meetings of the Boards of each of
BMN, BFC, BLN, BMT, BRM, BQT and BAT and seven meetings of the Boards of each of
BPS, BRF, BSD, BJZ, BLH and BPK were held during their last fiscal year between
January 1, 2003 and December 31, 2003.
Six meetings of the Audit Committees of each of BZA, BIE, BZM, BBK,
BLJ, BQH, BHV, BLE, BCL, BFY, BYM, BCK, BAF and BSE were held during their last
fiscal year between September 1, 2002 and August 31, 2003. Six meetings of the
Audit Committees of each of BNA, BHD, BCT, BHY, BKN, BKT, RAA, RFA, RNJ, RNY,
BFK, BFZ, BBF, BNJ, BNY and BHK were held during their last fiscal year between
November 1, 2002 and October 31, 2003. Seven meetings of the Audit Committees of
each of BPK, BJZ, BLH, BMN, BFC, BLN, BMT, BRF, BRM, BPS, BQT, BAT and BSD were
held during their last fiscal year between January 1, 2003 and December 31,
2003.
Four meetings of the Governance Committees of each of BZA, BIE, BZM,
BBK, BLJ, BQH, BHV, BLE, BCL, BFY, BYM, BCK, BAF and BSE were held during their
last fiscal year between September 1, 2002 and August 31, 2003. Three meetings
of the Governance Committees of each of BNA, BHD, BCT, BHY, BKN, BKT, RAA, RFA,
RNJ, RNY, BFK, BFZ, BBF, BNJ, BNY and BHK were held during their last fiscal
year between November 1, 2002 and October 31, 2003. Four meetings of the
Governance Committees of each of BPK, BJZ, BLH, BMN, BFC, BLN, BMT, BRF, BRM,
BPS, BQT, BAT and BSD were held between their last fiscal year from January 1,
2003 and December 31, 2003.
During each Trust's last full fiscal year, each Director attended at
least 75% of the aggregate of: (i) all regular meetings of the Board of each
Trust (held during the period for which he has been a Director); and (ii) all
meetings of all committees of the Board of each Trust on which he served (during
the periods that he served).
Annual meeting information and Directors' attendance for BLW, BPP,
BKK, BFO and BDV have not been provided because such Trusts have not been in
operation for a full fiscal year.
* WHAT ARE THE DIRECTORS PAID FOR THEIR SERVICES?
The following table sets forth certain information regarding the
compensation of the Trusts' Directors (other than the "interested" Directors (as
defined in Section 2(a)(19) of the 1940 Act) who do not receive a salary from
the Trusts):
TOTAL COMPENSATION
FROM THE FUND COMPLEX
NAME OF DIRECTOR PAID TO DIRECTORS (1)
---------------- ---------------------
Andrew F. Brimmer $250,000(2)(3)(4)
Richard E. Cavanagh $210,000(2)(4)
Kent Dixon $210,000(2)(4)
Frank J. Fabozzi $190,000(2)
James Clayburn La Force, Jr. $190,000(2)
Walter F. Mondale $190,000(2)
---------------------
(1) Represents the total compensation earned by such persons during the
calendar year ended December 31, 2003 from the Fund Complex.
(2) Represents the aggregate compensation earned by such persons during the
calendar year ended December 31, 2003. Of this amount, Messrs. Brimmer,
Cavanagh, Dixon, Fabozzi, La Force and Mondale deferred $50,000, $50,000,
$50,000, $30,000, $189,750 and $30,000, respectively, pursuant to the Fund
Complex's deferred compensation plan (described below).
(3) Dr. Brimmer serves as "lead independent director" for each Board in the
Fund Complex. For his services as lead independent director, Dr. Brimmer is
compensated in the amount of $40,000 per annum by the Fund Complex
allocated among the Trusts in the Fund Complex based on each Trust's
relative net assets.
9
(4) Messrs. Brimmer, Cavanagh and Dixon serve on the Audit Committee of the
Fund Complex and for their service receive an additional $20,000 per annum,
allocated among the Trusts in the Fund Complex based on their relative net
assets.
During the last fiscal year, each Independent Director received an
annual fee calculated as follows: (i) $6,000 from each Trust in the Fund Complex
and (ii) $1,500 for each meeting of each Board in the Fund Complex attended by
such Independent Director. The total annual aggregate compensation for each
Independent Director was capped at $190,000 per annum, except that Dr. Brimmer
received an additional $40,000 per annum from the Fund Complex for acting as the
lead director for each Board in the Fund Complex and Messrs. Brimmer, Cavanagh
and Dixon received an additional $20,000 per annum from the Fund Complex for
their service on the Audit Committee of the Fund Complex. This additional
compensation to Messrs. Brimmer, Cavanagh and Dixon was allocated among the
Trusts in the Fund Complex based on their relative net assets. In the event that
the $190,000 cap was met with respect to an Independent Director, the amount of
the Independent Director's fee borne by each Trust in the Fund Complex was
reduced by reference to the net assets of the Trust relative to the other Trusts
in the Fund Complex. In addition, the attendance fees of each Independent
Director of the Trusts were reduced proportionately, based on each respective
Trust's net assets, so that the aggregate per meeting fee for all meetings of
the Boards of the Trusts (excluding the per annum Audit Committee fee) held on a
single day did not exceed $23,750 for any Independent Director.
The following fees were accrued by the following Trusts during their
last fiscal year from January 1, 2003 to December 31, 2003:
BAT $16,100 BMN $72,000 BJZ $14,000
BRM $78,400 BQT $44,000 BPK $34,400
BLN $31,200 BPS $12,400 BLH $12,800
BFC $28,900 BSD $15,900 BPP(1) $50,500
BRF $23,100 BMT $41,900 BKK(1) $10,200
BFO(1) $ 3,300
---------------------
(1) BPP, BKK and BFO accruals do not represent a full fiscal year.
The following fees were accrued by the following Trusts during their last fiscal
year from November 1, 2002 to October 31, 2003:
BHY $12,000 RNY $12,000 BHK $52,800
BCT $14,400 BKN $41,200 BHD $13,200
RAA $12,000 BNA $57,600 BFK $79,600
RFA $12,000 BBF $14,500 BNJ $15,700
BFZ $30,900 BNY $26,700 BLW(2) $20,400
RNJ $12,000 BKT $74,700
(2) BLW accrual does not represent a full fiscal year. BDV was not yet formed
during this time period.
The following fees were accrued by the following Trusts during their last fiscal
year from September 1, 2002 to August 31, 2003:
BBK $20,400 BHV $12,200 BYM $43,100
BZA $12,600 BLE $45,500 BCK $10,800
BIE $12,600 BCL $17,500 BAF $14,200
BZM $12,400 BLJ $12,400 BSE $11,000
BQH $12,500 BFY $12,800
None of the Directors received any pension or retirement benefits.
None of the officers of the Trusts received any compensation, including pension
or retirement benefits, from the Trusts for such period. Messrs. Schlosstein,
Kapito, Gabbay, Klingert, Kong, Gary, Shea, Tritto, Kindelan and Ms. Ackerley,
officers of the Trusts, are also affiliated with the Advisor or its affiliates.
They receive compensation from the Advisor or one of its affiliates, although
under the terms of the investment advisory agreements some portion of their
compensation could be reimbursable by a particular Trust to the extent such
person's working time (other than time related to providing investment advisory
services) is devoted to certain of that particular Trust's operations.
Under the deferred compensation plan (the "Plan") approved by each
Trust's Board, Independent Directors may elect to defer receipt of all or a
portion of their annual compensation. As of January 1, 2003, the Board elected
to require its Independent Directors to defer a portion of their annual
compensation pursuant to the Plan. Deferred amounts earn an approximate return
as
10
though equivalent dollar amounts had been invested in common shares of certain
BlackRock closed-end Trusts selected by the Directors. This has the same
economic effect for the Directors as if the Directors had invested the deferred
amounts in such Trusts. The Plan is not funded and obligations thereunder
represent general unsecured claims against the general assets of the Trust. Each
Trust may, however, elect to invest in common shares of those Trusts selected by
the Directors in order to match its deferred compensation obligations.
The Independent Directors have voluntarily agreed that at least
$30,000 of their $190,000 base fee will be mandatorily deferred pursuant to the
Plan. Also, members of the Audit Committee of the Fund Complex are required to
defer all of the $20,000 per annum fee they will receive for their services on
the Audit Committee pursuant to the Plan.
* HOW LARGE A STAKE DO THE DIRECTORS HAVE IN THE TRUSTS?
The Directors believe each Director should have a beneficial
investment in the BlackRock closed-end Trusts. The Directors allocate their
investments among the 49 active BlackRock closed-end Trusts based on their own
investment needs. The table attached at Appendix E to this Proxy Statement sets
forth the dollar range of equity securities beneficially owned and share
equivalents held by each Director in all of the BlackRock closed-end Trusts
represented in this Proxy statement as of February 27, 2004.
The affirmative vote of a plurality of the shares present for each
Trust at the Annual Meeting at which a quorum is present is necessary to approve
Proposal 1 for each respective Trust.
THE BOARD OF EACH TRUST, INCLUDING THE INDEPENDENT DIRECTORS,
UNANIMOUSLY RECOMMENDS THAT YOU VOTE "FOR" THE PROPOSAL.
SECOND PROPOSAL: TO AMEND THE TRUSTS' ARTICLES SUPPLEMENTARY
* HOW WILL THE ARTICLES SUPPLEMENTARY OF CERTAIN TRUSTS BE AMENDED?
The Board of Directors of each of BMN, BMT, BRM, BLN, BFC, BKN, RAA,
RNJ and RNY (the "Affected Trusts") are recommending that the Affected Trusts'
Articles Supplementary be amended to remove a requirement that the Trusts'
independent accountants confirm that the Trusts satisfy certain preferred share
asset coverage tests once per quarter. If the proposal is approved, the Affected
Trusts' independent accountants will be required to provide such accountants'
confirmation once per year.
Currently, the Affected Trusts' Articles Supplementary require that
an accountants' confirmation be provided on each "Quarterly Valuation Date." A
Quarterly Valuation Date is defined as follows:
"'Quarterly Valuation Date' means the last Business Day of
each fiscal quarter of the Corporation in each fiscal year of
the Corporation..."
If the proposal is approved, the Articles Supplementary will be amended to
remove all references to "Quarterly Valuation Date" and replace such references
with "Annual Valuation Date." "Annual Valuation Date" will be defined as
follows:
"'Annual Valuation Date' means the last Business Day of each
fiscal year of the Corporation."
* WHY AM I BEING ASKED TO APPROVE THIS AMENDMENT?
The Articles Supplementary for the Affected Trusts contain the
quarterly confirmation requirement due to restrictions previously imposed by the
rating agencies rating each Affected Trust's Preferred Shares. Recently, these
rating agencies removed the quarterly confirmation requirement and will now
permit the Affected Trusts to obtain an accountants' confirmation on an annual
basis. However, removing the quarterly accountants' confirmation and replacing
it with an annual confirmation requires an amendment to each Affected Trust's
charter which, under Maryland law, requires shareholder approval.
At the meeting of the Board of Directors of each affected Trust held
on February 19, 2004, the Board evaluated this proposal. Based upon its review,
the Board concluded that the proposal is in the best interest of the Affected
Trusts and their shareholders because it will reduce costs to the Affected
Trusts' common shareholders without meaningfully reducing protections to their
respective preferred shareholders. Accordingly, on February 19, 2004, the Board
unanimously adopted a resolution setting forth the proposed amendment, declaring
it to be advisable, directing that it be submitted for consideration at the
Annual Meeting and recommending that all shareholders vote for its approval.
11
Accordingly, each Affected Trust's shareholders are being asked to
approve this amendment with respect to the Affected Trust or Trusts in which
they own shares.
The holders of the preferred shares and the holders of the common
shares are entitled to vote on Proposal 2. Approval of Proposal 2 requires the
affirmative vote by the holders of a majority of the outstanding preferred
shares and common shares when voting as a single class.
THE BOARD OF EACH AFFECTED TRUST, INCLUDING THE INDEPENDENT
DIRECTORS, UNANIMOUSLY RECOMMENDS THAT YOU VOTE "FOR" THE PROPOSAL.
FURTHER INFORMATION ABOUT VOTING AND THE ANNUAL MEETING
The cost of soliciting proxies will be borne by each Trust in the
proportion to the amount of proxies solicited on behalf of a Trust bears to the
total proxies solicited on behalf of all of the Trusts. In addition, certain
officers, directors and employees of each of the Trusts and the Advisor, located
at 100 Bellevue Parkway, Wilmington, Delaware 19809, (none of whom will receive
additional compensation therefor) may solicit proxies by telephone or mail.
Also, certain of the Trusts may employ Georgeson Shareholder Communications Inc.
pursuant to its standard contract as proxy solicitor, the cost of which will be
borne proportionately by each of the Trusts and is estimated to be approximately
$3,500 (except for BHV, BZM, BLJ, BQH, BKK, BFO, BLW, BPP and BDV, which will be
approximately $2,500), per Trust.
Abstentions will be counted as shares present at the Meeting and
will not affect the result of the vote on Proposal 1. Abstentions on Proposal 2
will have the same effect as a negative vote because approval of this proposal
requires the affirmative vote by the holders of a majority of the outstanding
preferred shares and common shares when voting as a single class.
All properly executed proxies received prior to the Annual Meeting
will be voted at the Annual Meeting in accordance with the instructions marked
thereon or otherwise as provided therein. Shareholders may revoke their proxies
at any time prior to the time they are voted by giving written notice to the
Secretary of the Trust by delivering a subsequently dated proxy or by attending
and voting at the Annual Meeting.
The Board of each Trust has fixed the close of business on February
27, 2004 as the record date for the determination of shareholders of each Trust
entitled to notice of, and to vote at, the Annual Meeting. Shareholders of each
Trust on that date will be entitled to one vote on each matter to be voted on by
that Trust for each share held and a fractional vote with respect to fractional
shares with no cumulative voting rights.
ADDITIONAL INFORMATION
EXECUTIVE OFFICERS
In addition to Messrs. Schlosstein and Kapito, all the following
executive officers, except Messrs. Gary and Klingert, hold the same position
with each of the Trusts. With respect to Mr. Klingert, he is an officer of BRM,
BLN, BFC, BRF, BKN, BMN, RAA, RFA, RNJ, RNY, BPS, BSD, BMT, BBF, BFK, BFZ, BNJ,
BNY, BJZ, BPK, BLH, BBK, BZA, BIE, BZM, BLJ, BQH, BHV, BLE, BCL, BFY, BYM, BCK,
BAF, BSE, BKK and BFO only. With respect to Mr. Gary, he is an officer of BHY,
BHK, BHD and BNA only.
OTHER PRINCIPAL OCCUPATIONS
NAME AND AGE TITLE IN PAST 5 YEARS
-----------------------------------------------------------------------------------------------
Anne Ackerley Vice President Managing Director of BlackRock, Inc. since 2000.
Age: 42 Formerly First Vice President and Chief Operating
Officer, Mergers and Acquisitions Group at Merrill
Lynch & Co. from 1997 to 2000; First Vice
President and Chief Operating Officer, Public
Finance Group at Merrill Lynch & Co. from 1995
to 1997; First Vice President, Emerging Markets
Fixed Income Research at Merrill Lynch & Co.
prior thereto.
Henry Gabbay Treasurer Managing Director of BlackRock, Inc. and
Age: 56 its predecessor entities.
12
OTHER PRINCIPAL OCCUPATIONS
NAME AND AGE TITLE IN PAST 5 YEARS
-----------------------------------------------------------------------------------------------
Jeff Gary Vice President Managing Director of BlackRock, Inc. since 2003.
Age: 41 Formerly, Managing Director and high yield
portfolio manager with AIG (American General)
Investment Group.
Brian P. Kindelan Assistant Secretary Director and Senior Counsel (since January 2001),
Age: 44 and Vice President and Senior Counsel (1998-
2000), BlackRock, Inc.; Senior Counsel, PNC
Bank Corp. from May 1995 to April 1998;
Associate, Stradley, Ronon, Stevens & Young,
LLP from March 1990 to May 1995.
Kevin Klingert Vice President Managing Director of BlackRock, Inc. and
Age: 41 its predecessor entities.
James Kong Assistant Treasurer Managing Director of BlackRock, Inc. and
Age: 43 its predecessor entities.
Richard Shea, Esq. Vice President/Tax Managing Director of BlackRock, Inc. since 2000;
Age: 44 Chief Operating Officer and Chief Financial
Officer of Anthracite Capital, Inc. since 1998.
Formerly, Director of BlackRock, Inc. and its
predecessor entities.
Vincent B. Tritto Secretary Director and Assistant Secretary of BlackRock,
Age: 42 Inc. since 2002. Formerly, Executive Director
(2000-2002) and Vice President (1998-2000), Morgan
Stanley & Co. Incorporated and Morgan Stanley
Asset Management Inc. and officer of various
Morgan Stanley-sponsored investment vehicles;
Counsel (1998) and associate (1988- 1997), Rogers
& Wells LLP, New York, NY; Foreign Associate
(1992-1994), Asahi Law Offices/Masuda & Ejiri,
Tokyo, Japan.
INVESTMENT ADVISOR
The Advisor, located at 100 Bellevue Parkway, Wilmington, Delaware
19809, is a wholly owned subsidiary of BlackRock, Inc. ("BlackRock"), which is
one of the largest publicly traded investment management firms in the United
States, with approximately $309 billion of assets under management as of
December 31, 2003. BlackRock manages assets on behalf of institutions and
individual investors worldwide, through a variety of equity, fixed income,
liquidity and alternative investment separate accounts and mutual funds,
including the BlackRock Funds and BlackRock Liquidity Funds. In addition,
BlackRock provides risk management and investment system services to a growing
number of institutional investors under the BlackRock Solutions(R) name. Clients
are served from BlackRock's headquarters in New York City, as well as offices in
Wilmington, San Francisco, Boston, Edinburgh, Tokyo and Hong Kong. BlackRock is
a member of The PNC Financial Services Group, Inc. (NYSE: "PNC"), one of the
largest diversified financial services organizations in the United States, and
is majority-owned by PNC and by BlackRock employees. The Advisor also acts as
the administrator of the Trusts.
The executive officers of the Advisor are:
NAME POSITION
---- --------
Laurence D. Fink Chief Executive Officer
Ralph L. Schlosstein President
Robert S. Kapito Vice Chairman
Robert P. Connolly General Counsel and Secretary
Mr. Schlosstein is a Director of the Trusts and Mr. Kapito is an officer and
Director of the Trusts.
BlackRock Financial Management, Inc., an affiliate of the Advisor
and a wholly owned subsidiary of BlackRock, currently serves as Sub-Advisor to
BBF, BFK, BFZ, BNJ, BNY, BJZ, BPK, BLH, BHK, BHD, BYM, BCK, BAF, BSE, BLE, BFY,
BCL, BZA, BBK, BIE, BLJ, BQH, BZM, BHV, BPP, BLW, BKK, BFO and BDV.
13
INDEPENDENT AUDITORS
Deloitte & Touche LLP ("D&T") has been selected as the independent
auditor by the Audit Committee of each Trust and ratified by a majority of each
Trust's Board, including a majority of the Independent Directors by vote cast in
person, to audit the accounts of each Trust for and during each Trust's fiscal
year ending in 2004. None of the Trusts knows of any direct or indirect
financial interest of D&T in the Trusts.
Representatives of D&T will attend the Annual Meeting, will have the
opportunity to make a statement if they desire to do so and will be available to
answer questions.
AUDIT FEES
The aggregate fees billed to each Trust by D&T for professional
services rendered for the audit of each Trust's annual financial statements for
the most recent fiscal year (or period) were in the following amounts:
BKN $34,000 BLN $24,700 BZM $30,100
BRM $36,000 BCT $18,100 BLJ $30,100
BFC $24,600 BHY $23,500 BQH $30,300
BKT $61,300 BAT $27,700 BHV $12,300
BQT $55,300 RAA $ 9,100 BLE $34,100
BMN $45,400 RNJ $ 9,100 BCL $31,200
RFA $ 9,100 BMT $35,800 BFY $30,600
RNY $ 9,100 BSD $26,900 BYM $39,700
BPS $13,200 BBF $30,300 BCK $35,600
BNA $79,100 BFZ $31,100 BAF $36,300
BFK $34,000 BNY $30,900 BSE $35,800
BNJ $30,400 BPK $31,700 BPP(1) $32,800
BJZ $30,500 BHK $38,000 BLW(1) $37,300
BLH $30,200 BBK $31,800 BKK(1) $31,400
BHD $30,400 BZA $30,400 BFO(1) $29,700
BRF $24,300 BIE $30,400 BDV(1) $0
----------------
(1) BPP, BLW, BKK, BFO and BDV have not completed a full fiscal year. However,
BPP, BLW, BKK and BFO have nonetheless paid to D&T fees for professional
services rendered for the audit of their annual financial statements.
The aggregate fees billed to each Trust(1) by D&T for professional
services rendered for the audit of each Trust's annual financial statements for
the fiscal year preceding the most recent one were in the following amounts:
BKN $29,300 BLN $22,000 BZM $ 29,500
BRM $34,100 BCT $15,000 BLJ $ 29,600
BFC $21,800 BHY $19,200 BQH $ 29,700
BKT $53,200 BAT $23,500 BHV $ 13,900
BQT $48,300 RAA $ 7,500 BLE $ 34,500
BMN $41,900 RNJ $ 7,500 BCL $ 30,900
RFA $ 7,500 BMT $31,900 BFY $ 30,200
RNY $ 7,600 BSD $22,800
BPS $10,900 BBF $30,300
BNA $74,000 BFZ $31,800
BFK $36,800 BNY $31,400
BNJ $30,400 BPK $27,900
BJZ $25,600 BHK $38,000
BLH $24,900 BBK $31,600
BHD $30,200 BZA $29,900
BRF $21,100 BIE $29,900
14
(1) BYM, BCK, BAF, BSE, BLW, BPP, BKK, BFO and BDV are not included in the above
chart because such Trusts either had not completed their initial fiscal year (or
period) or had not been formed in the fiscal year preceding the most recent one.
AUDIT-RELATED FEES
The aggregate fees billed in the most recent fiscal year (or period)
to each Trust by D&T for assurance and related services reasonably related to
the performance of the audit of each Trust's annual financial statements were as
listed below. The nature of these services was attest services not required by
statute or regulation, overhead and out-of-pocket expenses. The fees for each
Trust were in the following amounts:
BKN $8,000 BLN $8,000 BZM $5,900
BRM $8,000 BCT $0 BLJ $5,900
BFC $8,000 BHY $4,600 BQH $6,000
BKT $0 BAT $0 BHV $5,900
BQT $0 RAA $0 BLE $10,500
BMN $8,000 RNJ $0 BCL $9,300
RFA $0 BMT $8,000 BFY $9,100
RNY $0 BSD $4,000 BYM $10,800
BPS $4,000 BBF $6,000 BCK $9,100
BNA $0 BFZ $6,300 BAF $9,400
BFK $7,300 BNY $6,200 BSE $9,200
BNJ $6,000 BPK $4,000 BPP(1) $3,000
BJZ $4,000 BHK $0 BLW(1) $0
BLH $4,000 BBK $6,600 BKK(1) $3,000
BHD $0 BZA $6,000 BFO(1) $3,000
BRF $4,000 BIE $6,000 BDV(1) $0
----------------
(1) BPP, BLW, BKK, BFO and BDV have not completed a full fiscal year. However,
BPP, BKK and BFO have nonetheless paid to D&T fees for assurance and related
services reasonably related to the performance of the audit of their annual
financial statements.
The aggregate fees billed in the fiscal year preceding the most
recent to each Trust(1) by D&T for assurance and related services reasonably
related to the performance of the audit of each Trust's annual financial
statements were in the amounts listed below. The nature of these services was
attest services not required by statute or regulation, overhead and
out-of-pocket expenses. The fees for each Trust were in the following amounts:
BKN $10,000 BLN $8,000 BZM $7,000
BRM $8,000 BCT $0 BLJ $7,000
BFC $8,000 BHY $4,500 BQH $7,000
BKT $0 BAT $0 BHV $7,000
BQT $0 RAA $0 BLE $0
BMN $8,000 RNJ $0 BCL $0
RFA $0 BMT $8,000 BFY $0
RNY $0 BSD $8,000
BPS $8,000 BBF $11,000
BNA $0 BFZ $11,000
BFK $11,000 BNY $11,000
BNJ $11,000 BPK $8,000
BJZ $8,000 BHK $0
BLH $8,000 BBK $7,000
BHD $0 BZA $7,000
BRF $8,000 BIE $7,000
15
(1) BYM, BCK, BAF, BSE, BLW, BPP, BKK, BFO and BDV are not included in the above
chart because such Trusts either had not completed their initial fiscal year (or
period) or had not yet been formed in the fiscal year preceding the most recent
one.
TAX FEES
The aggregate fees billed in the most recent fiscal year (or period)
to each Trust by D&T for professional services rendered for tax compliance, tax
advice, and tax planning were as listed below. The nature of these services was
federal, state and local income and excise tax return preparation and related
advice and planning, determination of taxable income for CMO's, and
miscellaneous tax advice. The fees for each Trust were in the following amounts:
BKN $1,400 BLN $9,200 BZM $8,400
BRM $9,200 BCT $26,600 BLJ $8,400
BFC $9,200 BHY $1,400 BQH $8,400
BKT $31,500 BAT $14,200 BHV $8,400
BQT $18,000 RAA $1,400 BLE $2,400
BMN $3,200 RNJ $1,400 BCL $2,400
RFA $1,400 BMT $9,200 BFY $2,400
RNY $2,400 BSD $10,800 BYM $0
BPS $10,800 BBF $7,700 BCK $0
BNA $16,600 BFZ $7,700 BAF $0
BFK $7,700 BNY $10,700 BSE $0
BNJ $7,700 BPK $10,200 BPP(1) $25,000
BJZ $10,200 BHK $10,400 BLW(1) $0
BLH $10,200 BBK $8,400 BKK(1) $1,500
BHD $8,400 BZA $8,400 BFO(1) $1,500
BRF $9,200 BIE $7,400 BDV(1) $0
----------------
(1) BPP, BLW, BKK, BFO and BDV have not completed their initial fiscal year.
However, BPP, BKK and BFO have nonetheless paid to D&T fees for professional
services rendered for tax compliance, tax advice, and tax planning.
The aggregate fees billed in the fiscal year preceding the most
recent one to each Trust(1) by D&T for tax compliance, tax advice, and tax
planning were as listed below. The nature of these services was federal, state
and local income and excise tax return preparation and related advice and
planning, determination of taxable income for CMO's, and miscellaneous tax
advice. The fees for each Trust were in the following amounts:
BKN $6,100 BLN $6,100 BZM $0
BRM $6,900 BCT $33,700 BLJ $0
BFC $6,900 BHY $1,400 BQH $0
BKT $50,200 BAT $21,900 BHV $0
BQT $33,400 RAA $0 BLE $0
BMN $1,400 RNJ $0 BCL $0
RFA $0 BMT $7,900 BFY $0
RNY $0 BSD $8,200
BPS $8,200 BBF $6,500
BNA $38,800 BFZ $7,900
BFK $6,500 BNY $8,500
BNJ $6,500 BPK $7,500
BJZ $7,500 BHK $6,000
BLH $7,500 BBK $0
BHD $0 BZA $0
BRF $6,100 BIE $0
16
(1) BYM, BCK, BAF, BSE, BLW, BPP, BKK, BFO and BDV are not included in the above
chart because such Trusts either had not completed their initial fiscal year (or
period) or had not yet been formed in the fiscal year preceding the most recent
one.
ALL OTHER FEES
No Trust paid D&T for services other than those described above
during the most recent fiscal year (or period) or the fiscal year preceding the
most recent one.
AGGREGATE NON-AUDIT FEES
The aggregate non-audit fees billed in the most recent fiscal year
(or period) by D&T for services rendered to the Trusts were in the following
amounts:
BKN $9,400 BLN $17,200 BZM $14,300
BRM $17,200 BCT $26,600 BLJ $14,300
BFC $17,200 BHY $6,000 BQH $14,400
BKT $31,500 BAT $14,200 BHV $14,300
BQT $18,000 RAA $1,400 BLE $12,900
BMN $11,200 RNJ $1,400 BCL $11,700
RFA $1,400 BMT $17,200 BFY $11,500
RNY $2,400 BSD $14,800 BYM $10,800
BPS $14,800 BBF $13,700 BCK $9,100
BNA $16,600 BFZ $14,000 BAF $9,400
BFK $15,000 BNY $16,900 BSE $9,200
BNJ $13,700 BPK $14,200 BPP(1) $28,000
BJZ $14,200 BHK $10,400 BLW(1) $0
BLH $14,200 BBK $15,000 BKK(1) $4,500
BHD $8,400 BZA $14,400 BFO(1) $4,500
BRF $13,200 BIE $13,400 BDV(1) $0
------------------
(1) BPP, BLW, BKK, BFO and BDV have not completed their initial fiscal year.
The aggregate non-audit fees billed in the fiscal year preceding the
most recent one by D&T for services rendered to the Trusts(1) were in the
following amounts:
BKN $16,100 BLN $14,100 BZM $7,000
BRM $14,900 BCT $33,700 BLJ $7,000
BFC $14,900 BHY $5,900 BQH $7,000
BKT $50,200 BAT $21,900 BHV $7,000
BQT $33,400 RAA $0 BLE $0
BMN $9,400 RNJ $0 BCL $0
RFA $0 BMT $15,900 BFY $0
RNY $0 BSD $16,200
BPS $16,200 BBF $17,500
BNA $38,800 BFZ $18,900
BFK $17,500 BNY $19,500
BNJ $17,500 BPK $15,500
BJZ $15,500 BHK $6,000
BLH $15,500 BBK $7,000
BHD $0 BZA $7,000
BRF $14,100 BIE $7,000
17
(1) BYM, BCK, BAF, BSE, BLW, BPP, BKK, BFO and BDV are not included in the
above chart because such Trusts either had not completed their initial fiscal
year (or period) or had not yet been formed in the fiscal year preceding the
most recent one.
In addition, the aggregate non-audit fees billed by D&T for services
rendered to the Advisor, or any entity controlling, controlled by, or under
common control with the Advisor that provides ongoing services to the Trusts
were $0, for the most recent fiscal year of the Trusts and $0, for the fiscal
year preceding the most recent one of the Trusts.
AUDIT COMMITTEE'S PRE-APPROVAL POLICIES AND PROCEDURES
On May 22, 2003, the Audit Committee of each Trust adopted
Pre-Approval Policies and Procedures. Since the adoption of such policies and
procedures, the Audit Committee of each Trust has pre-approved all audit and
non-audit services provided by D&T for the Trusts, and all non-audit services
provided by D&T for the Advisor, or any entity controlling, controlled by, or
under common control with the Advisor that provides ongoing services to the
Trusts, which are related to the operations of the Trusts.
The Advisor and affiliates of the Advisor performing services for
one or more Trusts paid no fees to D&T in any Trust's most recent fiscal year
for services other than those described above or for any other services,
including for information systems design and implementation.
PRINCIPAL EXECUTIVE OFFICES
The principal executive office of each Trust is located at 100
Bellevue Parkway, Wilmington, Delaware 19809.
PRINCIPAL SHAREHOLDERS
As of February 27, 2004, to the knowledge of each Trust, no person
beneficially owned more than 5% of any Trust, except as set forth in the
following table:
AMOUNT OF
NAME & ADDRESS OF BENEFICIAL
TRUST BENEFICIAL OWNER OWNERSHIP PERCENT OF CLASS
----- ------------------ ----------- ----------------
BRM Karpus Management, Inc. 2,504,548 9.2%
14 Tobey Village Office Park
Pittsford, New York 14534
BNA Wachovia Corporation 7,217,003 21.0%
One Wachovia Center
Charlotte, North Carolina 28288-
0137
BCT Karpus Management, Inc. 149,225 5.1%
14 Tobey Village Office Park
Pittsford, New York 14534
BAT Karpus Management, Inc. 1,244,815 13.1%
14 Tobey Village Office Park
Pittsford, New York 14534
BAT SIT Investment Associates, Inc. 948,800 10.0%
4600 Norwest Center
90 South Seventh Street
Minneapolis, MN 55402
RAA M.H. Whittier Corporation, 242,400 24.1%
James E. Greene, Arlo G.
Sorensen, Michael J. Casey &
Whittier Trust Company,
1600 Huntington Drive, South
Pasadena, California 91030
BLN Karpus Management, Inc. 1,556,730 13.8%
14 Tobey Village Office Park
Pittsford, New York 14534
With respect to the above chart, all shares are common shares.
18
FINANCIAL STATEMENTS AND OTHER INFORMATION
EACH TRUST WILL FURNISH, WITHOUT CHARGE, A COPY OF SUCH TRUST'S MOST
RECENT ANNUAL REPORT AND THE MOST RECENT SEMI-ANNUAL REPORT SUCCEEDING THE
ANNUAL REPORT, IF ANY, TO ANY SHAREHOLDER UPON REQUEST. REQUESTS SHOULD BE
DIRECTED TO BLACKROCK ADVISORS, INC., 100 BELLEVUE PARKWAY, WILMINGTON, DE 19809
(TELEPHONE NUMBER (800) 227-7BFM (7236)).
Monthly performance and other information regarding the Trusts may
be found on BlackRock's website, which can be accessed at
http://www.blackrock.com/funds/cefunds/index.html. This reference to BlackRock's
website is intended to allow investors to access information regarding the
Trusts and does not, and is not intended to, incorporate BlackRock's website
into this Proxy Statement.
SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE
Section 16(a) of the Securities Exchange Act of 1934 and Section 30(h) of the
1940 Act require each Trust's officers and Directors, officers and directors of
the Trusts' investment advisor, affiliated persons of the investment advisor,
and persons who beneficially own more than ten percent of the Trusts' shares to
file certain reports of ownership ("Section 16 filings") with the SEC and the
New York Stock Exchange or the American Stock Exchange (as applicable) and each
of the Trusts. Based upon each Trust's review of the copies of such forms
effecting the Section 16 filings received by it, each Trust believes that for
its fiscal year ended in 2003, all filings applicable to such persons were
completed and filed, except that, due to an administrative oversight, Form 3s
with respect to BDV for the Trust's two portfolio managers were filed late in
January of 2004.
PRIVACY PRINCIPLES OF THE TRUSTS
The Trusts are committed to maintaining the privacy of shareholders
and to safeguarding their non-public personal information. The following
information is provided to help you understand what personal information the
Trusts collect, how the Trusts protect that information and why, in certain
cases, the Trusts may share information with select other parties.
Generally, the Trusts do not receive any non-public personal
information relating to their shareholders, although certain non-public personal
information of their shareholders may become available to the Trusts. The Trusts
do not disclose any non-public personal information about their shareholders or
former shareholders to anyone, except as permitted by law or as is necessary in
order to service shareholder accounts (for example, to a transfer agent or third
party administrator).
The Trusts restrict access to non-public personal information about
the shareholders to employees of the Advisor with a legitimate business need for
the information. The Trusts maintain physical, electronic and procedural
safeguards designed to protect the non-public personal information of their
shareholders.
DEADLINE FOR SHAREHOLDER PROPOSALS
Shareholder proposals intended for inclusion in the Trusts' proxy
statement in connection with the Trusts' 2005 annual meeting of shareholders
pursuant to Rule 14a-8 under the Securities Exchange Act of 1934 must be
received by a Trust at such Trust's principal executive offices by December 16,
2004. In order for proposals made outside of Rule 14a-8 under the Exchange Act
to be considered "timely" within the meaning of Rule 14a-4(c) under the Exchange
Act, such proposals must be received by a Trust at the Trust's principal
executive offices not later than February 28, 2005.
19
OTHER MATTERS
The management of the Trusts knows of no other matters which are to
be brought before the Annual Meeting. However, if any other matters not now
known properly come before the Annual Meeting, it is the intention of the
persons named in the enclosed form of proxy to vote such proxy in accordance
with their judgment on such matters.
Very truly yours,
RALPH L. SCHLOSSTEIN
Chairman
ROBERT S. KAPITO
President
April 21, 2004
20
APPENDIX A
A list of the Trusts setting forth each Trust's full name and trading symbol is
set forth below:
TRADING
NAME SYMBOL
---- -------
THE BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST INC. BKN
THE BLACKROCK INSURED MUNICIPAL 2008 TERM TRUST INC. BRM
THE BLACKROCK CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC. BFC
THE BLACKROCK FLORIDA INSURED MUNICIPAL 2008 TERM TRUST BRF
THE BLACKROCK NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC. BLN
THE BLACKROCK BROAD INVESTMENT GRADE 2009 TERM TRUST INC. BCT
THE BLACKROCK INCOME TRUST INC. BKT
THE BLACKROCK HIGH YIELD TRUST BHY
THE BLACKROCK INVESTMENT QUALITY TERM TRUST INC. BQT
THE BLACKROCK ADVANTAGE TERM TRUST INC. BAT
THE BLACKROCK MUNICIPAL TARGET TERM TRUST INC. BMN
THE BLACKROCK CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC. RAA
THE BLACKROCK FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST RFA
THE BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC RNJ
THE BLACKROCK NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC. RNY
THE BLACKROCK INCOME OPPORTUNITY TRUST INC. BNA
THE BLACKROCK INSURED MUNICIPAL TERM TRUST INC. BMT
THE BLACKROCK PENNSYLVANIA STRATEGIC MUNICIPAL TRUST BPS
THE BLACKROCK STRATEGIC MUNICIPAL TRUST BSD
BLACKROCK FLORIDA MUNICIPAL INCOME TRUST BBF
BLACKROCK MUNICIPAL INCOME TRUST BFK
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST BFZ
BLACKROCK NEW JERSEY MUNICIPAL INCOME TRUST BNJ
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST BNY
BLACKROCK CALIFORNIA MUNICIPAL 2018 TERM TRUST BJZ
BLACKROCK MUNICIPAL 2018 TERM TRUST BPK
BLACKROCK NEW YORK MUNICIPAL 2018 TERM TRUST BLH
BLACKROCK CORE BOND TRUST BHK
BLACKROCK STRATEGIC BOND TRUST BHD
BLACKROCK MUNICIPAL BOND TRUST BBK
BLACKROCK CALIFORNIA MUNICIPAL BOND TRUST BZA
BLACKROCK FLORIDA MUNICIPAL BOND TRUST BIE
BLACKROCK MARYLAND MUNICIPAL BOND TRUST BZM
BLACKROCK NEW JERSEY MUNICIPAL BOND TRUST BLJ
BLACKROCK NEW YORK MUNICIPAL BOND TRUST BQH
BLACKROCK VIRGINIA MUNICIPAL BOND TRUST BHV
BLACKROCK MUNICIPAL INCOME TRUST II BLE
BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST II BCL
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST II BFY
BLACKROCK INSURED MUNICIPAL INCOME TRUST BYM
BLACKROCK CALIFORNIA INSURED MUNICIPAL INCOME TRUST BCK
BLACKROCK FLORIDA INSURED MUNICIPAL INCOME TRUST BAF
BLACKROCK NEW YORK INSURED MUNICIPAL INCOME TRUST BSE
BLACKROCK PREFERRED OPPORTUNITY TRUST BPP
BLACKROCK LIMITED DURATION INCOME TRUST BLW
BLACKROCK MUNICIPAL 2020 TERM TRUST BKK
BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST BFO
BLACKROCK DIVIDEND ACHIEVERSTM TRUST BDV
21
APPENDIX B
OUTSTANDING SHARES
The following table sets forth the number of outstanding shares for
each Trust at the close of business on February 27, 2004:
OUTSTANDING SHARES OF OUTSTANDING SHARES OF
TRUST COMMON STOCK PREFERRED STOCK
----- ------------ ----------------
BKN 16,707,093 5,862
BRM 27,207,093 10,840
BFC 10,407,093 4,182
BRF 8,707,093 3,366
BLN 11,257,093 4,382
BCT 2,957,093 --
BKT 63,480,331 --
BHY 6,388,428 --
BQT 36,810,639 --
BAT 9,510,667 --
BMN 45,410,639 11,964
RAA 1,007,093 300
RFA 1,127,093 340
RNJ 1,007,093 300
RNY 1,307,093 392
BNA 34,449,693 --
BMT 25,885,639 6,816
BPS 2,015,492 700
BSD 7,242,261 2,480
BBF 6,646,343 2,302
BFK 43,571,065 15,005
BFZ 14,985,501 5,278
BNJ 7,414,793 2,552
BNY 12,521,494 4,390
BJZ 6,433,028 2,221
BPK 15,908,028 5,504
BLH 3,633,028 1,256
BHK 27,018,774 --
BHD 7,041,375 --
BBK 10,123,055 3,620
BZA 3,351,150 1,199
BIE 3,309,483 1,191
BZM 2,014,422 720
BLJ 2,269,366 809
BQH 2,700,991 968
BHV 1,519,917 541
BLE 22,781,072 8,222
BCL 7,981,621 2,878
BFY 4,935,268 1,786
BYM 26,149,334 9,159
BCK 5,267,067 1,860
BAF 8,718,824 3,040
BSE 6,436,539 2,240
BPP 18,305,777 8,832
BLW 36,706,021 --
BKK 20,236,628 7,104
BFO 5,562,128 1,956
BDV 54,008,028 --
For each Trust in the above table, the class or classes of shares
listed above are the only authorized class or classes of shares.
22
APPENDIX C
JOINT AUDIT COMMITTEE CHARTER
OF
THE BLACKROCK CLOSED-END FUNDS
AS APPROVED BY THE GOVERNANCE COMMITTEE
FEBRUARY 2004(1)
I. PURPOSE OF THE AUDIT COMMITTEE
The purpose of the Audit Committee (the "AUDIT COMMITTEE") of the
Board of Trustees/Directors (the "BOARD") of each BlackRock Closed-End Fund and
BlackRock Bond Allocation Target Shares (each a "TRUST")(2) is to provide
assistance to the Board in fulfilling its legal and fiduciary obligations with
respect to matters involving the accounting, auditing, financial reporting and
internal control functions of the Trust, including, without limitation, (a)
assisting the Board's oversight of (i) the integrity of the Trust's financial
statements, (ii) the Trust's compliance with legal and regulatory requirements,
and (iii) the qualifications and independence of the Trust's independent auditor
(the "INDEPENDENT AUDITOR"), and (b) preparing the report required to be
prepared by the Audit Committee pursuant to the rules of the Securities and
Exchange Commission (the "SEC") for inclusion in the Trust's annual proxy
statement, if any.
II. COMPOSITION OF THE AUDIT COMMITTEE
The Audit Committee shall be comprised of three or more
trustees/directors as determined from time to time by resolution of the Trust's
Governance Committee. Each member of the Audit Committee shall be qualified to
serve on the Audit Committee pursuant to the requirements of the Sarbanes -
Oxley Act of 2002 (the "ACT") and the rules and regulations promulgated by the
SEC pursuant to the Act and by the New York Stock Exchange (the "NYSE") or the
American Stock Exchange (the "AMEX"), as applicable. Each member of the Audit
Committee shall be "independent" as defined by the rules promulgated by the SEC
pursuant to the Act and the NYSE or AMEX listing standards depending on the
securities exchange on which the respective Trust's common shares are listed for
trading. If a Trust's common shares are not listed for trading on a securities
exchange, the members of that Trust's Audit Committee shall be "independent" as
defined by the NYSE listing standards.
According to the rules and regulations promulgated by the SEC
pursuant to the Act and by the NYSE, a member is independent if he or she, other
than in his or her capacity as a member of the Board, the Audit Committee or any
other board committee, (a) does not accept directly or indirectly any
consulting, advisory or other compensatory fee from the Trust, other than
receipt of pension or other forms of deferred compensation from the Trust for
prior service, so long as such compensation is not contingent in any way on
continued service, and (b) is not an "interested person" of the Trust (an
"INDEPENDENT TRUSTEE") as defined in Section 2(a)(19) of the Investment Company
Act of 1940 (the "1940 ACT").
According to the AMEX listing standards, a member is independent if
he or she is not an officer or employee of the Trust or a person having a
relationship which, in the opinion of the Board, would interfere with the
exercise of independent judgment in carrying out the responsibilities of a
director and (a) is not employed by the Trust or BlackRock during the current
year or any of the past three years, (b) did not receive compensation from the
Trust or BlackRock in excess of $60,000 during the previous year, other
--------------------
(1) This Joint Audit Committee Charter, if adopted, supercedes and replaces all
prior versions that may have been adopted from time to time.
(2) Solely for the sake of clarity and simplicity, this Joint Audit Committee
Charter has been drafted as if there is a single Trust, a single Audit
Committee, a single Governance Committee and a single Board. The terms
"Audit Committee," "Governance Committee," "Independent Trustees" and
"Board" mean the Audit Committee, the Governance Committee, Independent
Trustees and the Board of each Trust, respectively, unless the context
otherwise requires. The Audit Committee, the Governance Committee and the
Board of each Trust, however, shall act separately and in the best
interests of its respective Trust.
24
than as compensation for board service, benefits under a tax-qualified
retirement plan or non-discretionary compensation, (c) does not have an
immediate family member who is, or has been in any of the past three years,
employed by the Trust or BlackRock, (d) is not a partner in, or controlling
shareholder or executive officer of, any for-profit business organization which
received payments from or made payments to the Trust in excess of the greater of
5% of such organization's gross revenue or $200,000 in any of the past three
years, and (e) is not employed as an executive of another entity for which any
of the Trust's or BlackRock's executives serve on that entity's compensation
committee.
No member of the Board may serve as a member of the Audit Committee
if the member serves on the audit committee of more than two other public
companies, unless the Board determines that such simultaneous service would not
impair the ability of the member to effectively serve on the Audit Committee.
Each member of the Audit Committee must be "financially literate"
(as such term is defined from time-to-time by the NYSE/AMEX rules) as such
qualification is interpreted by the Board in its business judgment, or must
become financially literate within a reasonable period of time after his or her
appointment to the Audit Committee. In addition, at least one member of the
Audit Committee must have "accounting or related financial management expertise"
(as such term is defined by the NYSE rules) as the Board interprets such
qualification in its business judgment. Further, either (a) at least one member
of the Audit Committee must be determined to be an "audit committee financial
expert" (as such term is defined in the rules and regulations promulgated by the
SEC pursuant to the Act) by the Board, or (b) if no member of the Audit
Committee is an "audit committee financial expert," such fact must be disclosed
in the Trust's annual report filed with the SEC. The Audit Committee shall
recommend to the Board whether one or more of its members should be deemed to be
an "audit committee financial expert" or, if not, why not, and the Board shall
make the final determinations in this regard.
The chairperson of the Audit Committee shall be designated by the
Trust's Governance Committee, PROVIDED that if the Governance Committee does not
designate a chairperson, the members of the Audit Committee, by a majority vote,
may designate a chairperson.
Any vacancy on the Audit Committee shall be filled by the
affirmative vote of a majority of the members of the Governance Committee at the
next meeting of the Governance Committee following the occurrence of the
vacancy. No member of the Audit Committee shall be removed except by the
affirmative vote of a majority of the members of the Governance Committee.
III. MEETINGS OF THE AUDIT COMMITTEE
The Audit Committee shall fix its own rules of procedure, which
shall be consistent with the Declaration of Trust of the Trust (or other charter
document of the Trust), the By-Laws of the Trust and this Audit Committee
Charter. The Audit Committee shall meet on a regular basis and special meetings
shall be called as circumstances require. The Audit Committee, in its
discretion, may ask members of management or others to attend its meetings (or
portions thereof) and to provide pertinent information as necessary. The Audit
Committee shall meet separately on a periodic basis with (a) the chief financial
officer of the Trust, (b) management of BlackRock responsible for assisting with
the preparation of the Trust's financial statements and (c) the Independent
Auditor, in each case to discuss any matters that the Audit Committee or any of
the above persons or firms believe should be discussed privately. The Audit
Committee shall fix its own rules of procedure, which shall be consistent with
the Declaration of Trust of the Trust, the Bylaws of the Trust and this Audit
Committee Charter.
A majority of the members of the Audit Committee present in person
or by means of a conference telephone or other communication equipment by means
of which all persons participating in the meeting can communicate with each
other shall constitute a quorum, PROVIDED THAT, once annually, at the meeting
for selecting the Independent Auditor, a majority of the members of the Audit
Committee present in person shall constitute a quorum. The Audit Committee may
also take action by the written consent of a majority of its members, except to
the extent an in-person meeting is required by the preceding sentence or
required by applicable law.
For the sake of increased efficiency and for the dissemination of
knowledge throughout the closed-end fund complex, each Audit Committee may meet
jointly with any other Audit Committee in the closed-end fund complex.
The Audit Committee shall cause to be maintained minutes of all
meetings and records relating to those meetings and provide copies of such
minutes to the Board and the Trust.
IV. AUTHORITY
The Audit Committee shall have the authority to carry out its duties
and responsibilities as set forth in this Joint Audit Committee Charter, to
institute investigations of suspected improprieties and to retain independent
counsel or seek assistance from experts.
25
V. DUTIES AND RESPONSIBILITIES OF THE AUDIT COMMITTEE
In carrying out its duties and responsibilities, the Audit
Committee's policies and procedures will remain flexible, so that it may be in a
position to best react or respond to changing circumstances or conditions. The
following are the duties and responsibilities of the Audit Committee:
(a) Oversight of the Auditor's Engagement/Independence
(i) Approve the selection and retention (subject to ratification by
a majority of the Independent Trustees), termination and compensation of the
Independent Auditor to audit the books and accounts of the Trust and its
subsidiaries, if any, for each fiscal year;
(ii) Review and, in its sole discretion, approve in advance the
Independent Auditor's annual engagement letter, including the proposed fees
contained therein;
(iii) Pre-approve (A) all engagements for audit and non-audit
services to be provided by the Independent Auditor to the Trust and (B) all
engagements for non-audit services to be provided by the Independent Auditor (1)
to BAI or (2) to any entity controlling, controlled by or under common control
with BAI that provides ongoing services to the Trust; but in the case of the
services described in subsection (B)(1) or (2), only if the engagement relates
directly to the operations and financial reporting of the Trust (clauses (A) and
(B), collectively, the "COVERED SERVICES" and the entities referred to in clause
(B), collectively, the "COVERED ENTITIES"); provided that pre-approval by the
Audit Committee of Covered Services may be effected pursuant to the procedures
described below in Section VI captioned "PRE-APPROVAL PROCEDURES"; provided that
this Audit Committee Charter shall not be violated if pre-approval of any
non-audit Covered Service is not obtained in circumstances in which the
pre-approval requirement is waived under rules promulgated by the SEC under the
Act or the NYSE or Amex listing standards;
(iv) Obtain at least annually from the Independent Auditor and
review a report describing:
(A) the Independent Auditor's internal quality-control
procedures; and
(B) any material issues raised by the most recent internal
quality-control review of the Independent Auditor, or by
any inquiry or investigation by any governmental or
professional authority, within the preceding five years,
respecting one or more independent audits carried out by
the Independent Auditor, and any steps taken to deal with
any such issues;
(v) Obtain quarterly "notice reports" for the Trust (and, if the
quarterly communication is not within 90 days prior to the filing of an audit
report with the SEC for the Trust, provide an update with any changes to the
previously reported information) from the Independent Auditor and review a
report notifying the Audit Committee of all audit and non-audit services that
were not pre-approved by the Trust's Audit Committee provided (A) to BAI, (B) to
any entity controlling, controlled by or under common control with BAI, and (C)
to any registered or unregistered investment company advised by an investment
advisor included in subsection (A) or (B) of this paragraph. In the interval
between scheduled meetings of the Audit Committee, the Independent Auditor shall
provide such "notice reports" or updates to the Chairman of the Audit Committee.
Such disclosure shall include the fees associated with any services described in
this paragraph;
(vi) Review at least annually the qualifications, performance and
independence of the Independent Auditor, including the performance of the lead
partner of the Independent Auditor, and, in its discretion, make decisions
regarding the replacement or termination of the Independent Auditor when
circumstances warrant;
(vii) Oversee the independence of the Independent Auditor by, among
other things:
(A) actively engaging in a dialogue with the Independent
Auditor with respect to any disclosed relationships or
services that may impact the objectivity and independence
of the Independent Auditor, and taking appropriate action
to satisfy itself of the auditor's independence;
(B) monitoring compliance by the Independent Auditor with the
audit partner rotation requirements contained in the Act
and the rules and regulations promulgated by the SEC
thereunder;
(C) monitoring compliance by the Trust, BlackRock and the
Independent Auditor with the employee conflict of interest
requirements contained in the Act and the rules and
regulations promulgated by the SEC thereunder; and
(D) considering whether there should be a regular rotation of
the Independent Auditor; and
26
(viii) Instruct the Independent Auditor that it is ultimately
accountable to the Audit Committee, and that the Audit Committee is responsible
for the appointment (subject to ratification by the Independent Trustees),
retention, compensation, evaluation and termination of the Independent Auditor.
(b) Oversight of the Audit
(i) Review the annual audit plan of the Independent Auditor,
including the scope of audit activities, monitor such plan's progress, changes
thereto and results periodically during the year and review the results of the
year-end audit of the Trust, including any comments or recommendations of the
Independent Auditor;
(ii) Obtain at least annually for the Trust from the Independent
Auditor and review a report describing:
(A) all critical accounting policies and practices used;
(B) all alternative treatments within United States Generally
Accepted Accounting Principles for policies and practices
related to material items that have been discussed with
management of the Trust, including (1) ramifications of the
use of such alternative disclosures and treatments, and (2)
the treatment preferred by Independent Auditor; and
(C) other material written communications between the
Independent Auditor and management of the Trust, such as
any management letter or schedule of unadjusted
differences;
(iii) Review with the chief financial officer of the Trust and
management of BlackRock responsible for assisting the preparation of the Trust's
financial statements and the Independent Auditor, the following:
(A) the Trust's annual audited financial statements and interim
financial statements, and any major issues related thereto;
(B) critical accounting policies and such other accounting
policies of the Trust as are deemed appropriate for review
by the Audit Committee prior to any interim or year-end
filings with the SEC or other regulatory body, including
any financial reporting issues which could have a material
impact on the Trust's financial statements; and
(C) the effect of regulatory, accounting and financial
reporting initiatives on the financial statements of the
Trust;
(iv) Review on a regular basis with the Independent Auditor any
problems or difficulties encountered by the Independent Auditor in the course of
any audit work, including management's response with respect thereto, any
restrictions on scope of the Independent Auditor's activities or on access to
requested information, and any significant disagreements with management. In
connection therewith, the Audit Committee will review with the Independent
Auditor the following:
(A) any accounting adjustments that were noted or proposed by
the Independent Auditor but were rejected by management (as
immaterial or otherwise);
(B) any communications between the audit team and the
Independent Auditor's national office respecting auditing
or accounting issues presented by the engagement; and
(C) any "management" or "internal control" letter issued, or
proposed to be issued, by the Independent Auditor the
Trust;
(v) Attempt to resolve all disagreements between the Independent
Auditor and management regarding financial reporting; and
(vi) Review information obtained from the Independent Auditor
pursuant to Section 10A of the Securities Exchange Act of 1934.
(c) Oversight of Controls and Procedures
(i) Review periodically a report from the Trust's chief executive
officer, chief financial officer and Independent Auditor, at least annually,
regarding the following:
(A) all significant deficiencies in the design or operation of
internal controls of the Trust, any entity in the
investment company complex (as such term is defined in
Regulation S-X promulgated by the SEC) that is
27
responsible for the financial reporting or
operations of the Trust (the "RELATED ENTITIES"),
or, to the knowledge of such persons, other
service providers, which could adversely affect
the Trust's ability to record, process, summarize,
and report financial data, including any material
weaknesses in internal controls identified by the
Independent Auditor;
(B) any fraud, whether or not material, that involves
management or other employees of the Trust, the Related
Entities, or, to the knowledge of such persons, other
service providers to the Trust who have a significant role
in the Trust's internal controls; and
(C) any significant changes in internal controls or in other
factors that could significantly affect internal controls,
including any corrective actions with regard to significant
deficiencies and material weaknesses related to the Trust,
the Related Entities, or, to the knowledge of such persons,
other service providers to the Trust.
(d) Compliance
(i) Establish and maintain free and open means of communication
between and among the Board, the Audit Committee, the Independent Auditor, the
Trust's management, including the chief financial officer, management of
BlackRock and management of those service providers of the Trust deemed
appropriate by the Audit Committee, including providing such parties with
appropriate opportunities to meet separately and privately with the Audit
Committee on a periodic basis as the Audit Committee may deem necessary or
appropriate;
(ii) Establish procedures for (A) the receipt, retention and
treatment of complaints received by the Trust regarding accounting, internal
accounting controls or auditing matters, and (B) the confidential, anonymous
submission by employees of the Related Entities, other service providers
responsible for such services, including the custodian and transfer agent, or
other persons of concern regarding questionable accounting or auditing matters;
and
(iii) Secure independent expert advice to the extent the Audit
Committee determines it to be appropriate, including retaining, with or without
approval of the Board, independent counsel, accountants, consultants or others,
to assist the Audit Committee in fulfilling its duties and responsibilities, the
cost of such independent expert advisors to be borne by the Trust.
(e) Miscellaneous
(i) Prepare an annual performance evaluation of the Audit Committee,
which evaluation must compare the performance of the Audit Committee with the
requirements of this Joint Audit Committee Charter, and set forth the goals and
objectives of the Audit Committee for the upcoming year. The evaluation will
include a review and assessment of the adequacy of this Audit Committee Joint
Charter. The performance evaluation by the Audit Committee shall be conducted in
such manner as the Audit Committee deems appropriate;
(ii) Report regularly to the Board on its activities, as
appropriate; and
(iii) Perform such additional activities, and consider such other
matters, within the scope of its duties and responsibilities, as the Audit
Committee, the Governance Committee or the Board deems necessary or appropriate.
VI. PRE-APPROVAL PROCEDURES
The Audit Committee shall prepare written pre-approval procedures
pursuant to which it may pre-approve Covered Services. The Audit Committee, in
its discretion, may elect to delegate to one or more of its members authority to
pre-approve Covered Services between regularly scheduled meetings of the Audit
Committee. The Audit Committee shall review and approve its pre-approval
procedures at least annually.
VII. REPORTING
The Audit Committee shall report its activities to the Board on a
regular basis, so that the Board is kept informed of its activities on a current
basis. In connection therewith, the Audit Committee will review with the Board
any issues that arise with respect to the quality or integrity of the Trust's
financial statements, the Trust's compliance with legal or regulatory
requirements, the performance and independence of the Independent Auditors. In
particular, the Audit Committee will also report to the Board its conclusions
with respect to matters the Audit Committee considers to be of interest or the
Governance Committee or the Board requests. Reports to the Board may take the
form of an oral report by the chairperson of the Audit Committee or any other
member of the Audit Committee designed by the Audit Committee to make this
report.
28
The Audit Committee shall prepare the report required by the rules
of the SEC to be included in the Trust's annual proxy statement and determine to
its satisfaction that the Audit Committee has: (a) reviewed and discussed the
audited financial statements with management of the Trust; (b) discussed with
the Independent Auditor the matters required to be discussed by the Statements
on Auditing Standards No. 61, as amended; (c) received the written disclosures
and the letter from the Independent Auditor required by ISB Standard No. 1 and
have discussed with the Independent Auditor the auditor's independence; and (d)
made a recommendation to the Board as to whether the financial statements be
included in the Trust's annual report for the past fiscal year, as filed with
the SEC.
VIII. RESOURCES
The Board shall ensure that the Audit Committee has adequate
resources, as determined by the Audit Committee, with which to discharge its
responsibilities, including for the payment of (a) compensation (i) to any firm
of independent auditors engaged for the purpose of preparing or issuing an audit
report or performing other audit, review or attest services for the Trust, and
(ii) to any advisors employed by the Audit Committee, including independent
counsel, consultants or other advisors, as the Audit Committee determines
necessary to carry out its duties, and (b) ordinary administrative expenses of
the Audit Committee that are necessary or appropriate in carrying out its
duties.
IX. LIMITS ON ROLE OF AUDIT COMMITTEE
While the Audit Committee has the duties and responsibilities set
forth in this Joint Audit Committee Charter, the Audit Committee is not
responsible for:
o planning or conducting the audit or for determining whether the
Trust's financial statements are complete and accurate and are in
accordance with generally accepted accounting principles;
o determining whether the Form N-CSR filed by the Trust with the SEC
contains any untrue statement of a material fact or omits to state a
material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading
with respect to the period covered by the report;
o determining whether the Trust's financial statements and other
financial information included in the Form N-CSR fairly present in
all material respects the financial condition, results of
operations, changes in net assets and cash flows of the Trust as of,
and for, the periods presented in the Form N-CSR; or
o establishing, designing or maintaining disclosure controls and
procedures for the Trust.
In fulfilling its responsibilities hereunder, it is recognized that
members of the Audit Committee are not full-time employees of the Trust or
BlackRock. The Audit Committee and its members do not have a duty or
responsibility to conduct "field work" or other types of auditing or accounting
reviews or procedures or to set auditor independence standards, and each member
of the Audit Committee shall be entitled to rely on (a) the integrity of those
persons and organizations within and outside the Trust, BlackRock and service
providers to the Trust from which it receives information, (b) the accuracy of
the financial and other information provided to the Audit Committee absent
actual knowledge to the contrary (which shall be promptly reported to the Board)
and (c) statements made by management or third parties as to any information
technology, internal audit and other non-audit services provided by the
Independent Auditor to the Trust.
29
APPENDIX D
DIRECTORS SHARE HOLDINGS
The following chart lists the number of shares beneficially owned
and the number of share equivalents owned by the Directors pursuant to the
Directors' deferred compensation plan as of February 27, 2004. If a Trust is not
listed, the Director does not own any shares or share equivalents of the Trust.
TRUST SHARE
SHARES EQUIVA- % OF SHARES
DIRECTOR TRUST OWNED LENTS(1) OUTSTANDING
-------- ----- ------ -------- -----------
INTERESTED DIRECTORS:
Ralph L. Schlosstein BKT 6,000 -- (2)
BAT 100 --
BMN 100 --
BMT 100 --
BRM 100 --
BKN 100 --
BCT 100 --
BQT 100 --
BSD 100 --
BHY 1,000 --
BNA 1,500 --
BFK 100 --
BPK 100 --
BHK 100 --
RNJ 100 --
BLN 100 --
BNY 100 --
BLH 100 --
BHD 100 --
BBK 100 --
BLE 100 --
BYM 100 --
BQH 100 --
BFY 100 --
BSE 100 --
BPP 100 --
BLW 100 --
BKK 100 --
BDV 100 --
Robert S. Kapito BKT 1,880 -- (2)
BAT 10 --
BMN 10 --
BMT 10 --
BRM 10 --
BKN 10 --
BCT 10 --
BQT 10 --
BSD 10 --
BHY 10 --
BNA 10 --
BFK 10,010 --
BPK 10 --
BHK 10 --
RNJ 1,000 --
BNJ 45,000 --
BHD 1,000 --
BBK 1,000 --
BLE 21,000 --
BYM 100 --
BLJ 1,000 --
BPP 1,000 --
BLW 1,000 --
BKK 1,000 --
BDV 1,000 --
30
TRUST SHARE
SHARES EQUIVA- % OF SHARES
DIRECTOR TRUST OWNED LENTS(1) OUTSTANDING
-------- ----- ------ -------- -----------
INDEPENDENT DIRECTORS:
Andrew F. Brimmer BKT 110 2,466 (2)
BAT 10 1,633
BMN 10 --
BMT 10 --
BRM 10 --
BKN 10 --
BCT 20 1,263
BQT 10 1,955
BSD 25 --
BHY 200 1,602
BNA 10 1,659
BFK 100 --
BPK 25 --
BHK 25 439
BHD 25 402
BBK 25 --
BLE 25 --
BYM 25 --
BPP 10 --
BLW 10 --
BKK 10 --
BDV 30 --
Richard E. Cavanagh BKT 500 6,261 (2)
BAT 100 560
BMN 100 --
BMT 100 --
BRM 100 --
BKN 500 --
BCT 100 390
BQT 100 672
BSD 500 --
BHY 200 4,278
BNA 100 624
BFK 300 --
BPK 300 --
BHK 500 439
BLN 100 --
RNY 100 --
BNY 300 --
BLH 100 --
BHD 300 399
BBK 100 --
BLE 100 --
BYM 200 --
BQH 100 --
BFY 100 --
BSE 200 --
BPP 100 --
BLW 100 --
BKK 100 --
BDV 100 --
Kent Dixon BKT 100 824 (2)
BAT 100 543
BMN 100 --
BMT 100 --
BRM 100 --
BKN 100 --
BCT 100 371
BQT 100 651
BSD 100 --
BHY 5,000 603
BNA 100 548
31
TRUST SHARE
SHARES EQUIVA- % OF SHARES
DIRECTOR TRUST OWNED LENTS(1) OUTSTANDING
-------- ----- ------ -------- -----------
BFK 5,100 --
Kent Dixon BPK 100 --
(continued) BHK 100 439
BRF 100 --
RFA 100 --
BBF 2,100 --
BHD 100 399
BBK 5,000 --
BLE 100 --
BYM 5,100 --
BIE 100 --
BAF 100 --
BPP 100 --
BLW 1,000 --
BKK 100 --
BFO 100 --
BDV 2,000 --
Frank J. Fabozzi BKT 10 490 (2)
BAT 10 323
BMN 10 --
BMT 10 --
BRM 10 --
BKN 10 --
BCT 10 231
BQT 10 391
BSD 100 --
BHY 10 363
BNA 10 331
BFK 20 --
BPK 20 --
BHK 20 265
BPS 100 --
BHD 100 235
BBK 20 --
BLE 10 --
BYM 10 --
BPP 100 --
BLW 100 --
BKK 100 --
BDV 300 --
James Clayburn BKT 10 14,373 (2)
La Force, Jr. BAT 10 8,793
BMN 10 --
BMT 10 --
BRM 10 --
BKN 10 --
BCT 10 6,659
BQT 10 10,342
BSD 750 --
BHY 1,000 10,135
BNA 10 9,519
BFK 100 --
BPK 100 --
BHK 100 1,933
BFC 3,410 --
RAA 10 --
BFZ 100 --
BJZ 100 --
BHD 50 1,837
BBK 50 --
BLE 50 --
BYM 1,000 --
BZA 6,665 --
BCL 50 --
32
TRUST SHARE
SHARES EQUIVA- % OF SHARES
DIRECTOR TRUST OWNED LENTS(1) OUTSTANDING
-------- ----- ------ -------- -----------
BCK 1,000 --
BPP 100 --
BLW 300 --
BKK 300 --
BDV 200 --
Walter F. Mondale BKT 20 5,614 (2)
BAT 20 3,461
BMN 1,020 --
BMT 1,020 --
BRM 20 --
BKN 20 --
BCT 20 2,574
BQT 20 3,920
BSD 20 --
BHY 300 --
BNA 20 3,669
BFK 20 --
BPK 1,000 --
BHK 1,000 587
BHD 20 587
BBK 20 --
BLE 20 --
BYM 50 --
BPP 50 --
BLW 30 --
BKK 30 --
BDV 50 --
--------------------
(1) Represents, as of February 27, 2004, the approximate number of share
equivalents owned under the deferred compensation plan in each Trust by the
Independent Directors of the Trusts who have participated in the deferred
compensation plan. Share equivalents are held in cash accounts by each
Trust on behalf of the Independent Directors in connection with the
deferred compensation plan. Under the deferred compensation plan, BAT, BCT,
BHY, BKT, BNA, BQT, BHD and BHK are eligible investments. Messrs.
Schlosstein and Kapito are not eligible to participate in the deferred
compensation plan.
(2) Less than 1% of each Trust listed.
33
The following table sets forth the dollar range of equity securities
beneficially owned and share equivalents held by each Director as of February
27, 2004. If a Trust is not listed, the Director does not own any shares of the
Trust.
AGGREGATE DOLLAR
NAME DOLLAR RANGE OF EQUITY AGGREGATE DOLLAR DOLLAR RANGE OF SHARE RANGE OF EQUITY
SECURITIES IN EACH TRUST(1) RANGE OF EQUITY EQUIVALENTS IN EACH TRUST SECURITIES AND
---------------------------- SECURITIES OF ALL ------------------------- SHARE EQUIVALENTS
TRUST DOLLAR RANGE TRUSTS(1) TRUST DOLLAR RANGE OF ALL THE TRUSTS
----- -------------- ----------------- ---- ------------ -----------------
INTERESTED DIRECTORS:
Ralph L. Schlosstein BKT $10,001-$50,000 Over $100,000 BKT -- Over $100,000(1)
BAT $1-$10,000 BAT --
BMN $1-$10,000 BMN --
BMT $1-$10,000 BMT --
BRM $1-$10,000 BRM --
BKN $1-$10,000 BKN --
BCT $1-$10,000 BCT --
BQT $1-$10,000 BQT --
BSD $1-$10,000 BSD --
BHY $10,001-$50,000 BHY --
BNA $10,001-$50,000 BNA --
BFK $1-$10,000 BFK --
BPK $1-$10,000 BPK --
BHK $1-$10,000 BHK --
RNJ $1-$10,000 RNJ --
BLN $1-$10,000 BLN --
BNY $1-$10,000 BNY --
BLH $1-$10,000 BLH --
BHD $1-$10,000 BHD --
BBK $1-$10,000 BBK --
BLE $1-$10,000 BLE --
BYM $1-$10,000 BYM --
BQH $1-$10,000 BQH --
BFY $1-$10,000 BFY --
BSE $1-$10,000 BSE --
BPP $1-$10,000 BPP --
BLW $1-$10,000 BLW --
BKK $1-$10,000 BKK --
BDV $1-$10,000 BDV --
Robert S. Kapito BKT $10,001-$50,000 Over $100,000 BKT -- Over $100,000(1)
BAT $1-$10,000 BAT --
BMN $1-$10,000 BMN --
BMT $1-$10,000 BMT --
BRM $1-$10,000 BRM --
BKN $1-$10,000 BKN --
BCT $1-$10,000 BCT --
BQT $1-$10,000 BQT --
BSD $1-$10,000 BSD --
BHY $1-$10,000 BHY --
BNA $1-$10,000 BNA --
BFK Over $100,000 BFK --
BPK $1-$10,000 BPK --
BHK $1-$10,000 BHK --
RNJ $10,001-$50,000 RNJ --
BNJ Over $100,000 BNJ --
BHD $10,001-$50,000 BHD --
BBK $10,001-$50,000 BBK --
BLE Over $100,000 BLE --
BYM $1-$10,000 BYM --
BLJ $10,001-$50,000 BLJ --
BPP $10,001-$50,000 BPP --
BLW $10,001-$50,000 BLW --
BKK $10,001-$50,000 BKK --
BDV $10,001-$50,000 BDV --
34
AGGREGATE DOLLAR
DOLLAR RANGE OF EQUITY AGGREGATE DOLLAR DOLLAR RANGE OF SHARE RANGE OF EQUITY
SECURITIES IN EACH TRUST(1) RANGE OF EQUITY EQUIVALENTS IN EACH TRUST SECURITIES AND
---------------------------- SECURITIES OF ALL ------------------------- SHARE EQUIVALENTS
NAME TRUST DOLLAR RANGE TRUSTS(1) TRUST DOLLAR RANGE OF ALL THE TRUSTS
---- ----- -------------- ----------------- ---- ------------ -----------------
INDEPENDENT DIRECTORS:
Andrew F. Brimmer BKT $1-$10,000 $1-$10,000 BKT $10,001-$50,000 Over $100,000
BAT $1-$10,000 BAT $10,001-$50,000
BMN $1-$10,000 BMN --
BMT $1-$10,000 BMT --
BRM $1-$10,000 BRM --
BKN $1-$10,000 BKN --
BCT $1-$10,000 BCT $10,001-$50,000
BQT $1-$10,000 BQT $10,001-$50,000
BSD $1-$10,000 BSD --
BHY $1-$10,000 BHY $10,001-$50,000
BNA $1-$10,000 BNA $10,001-$50,000
BFK $1-$10,000 BFK --
BPK $1-$10,000 BPK --
BHK $1-$10,000 BHK $1-$10,000
BHD $1-$10,000 BHD $1-$10,000
BBK $1-$10,000 BBK --
BLE $1-$10,000 BLE --
BYM $1-$10,000 BYM --
BPP $1-$10,000 BPP --
BLW $1-$10,000 BLW --
BKK $1-$10,000 BKK --
BDV $1-$10,000 BDV --
Richard E. Cavanagh BKT $1-$10,000 $50,001-$100,000 BKT $10,001-$50,000 Over $100,000
BAT $1-$10,000 BAT $1-$10,000
BMN $1-$10,000 BMN --
BMT $1-$10,000 BMT --
BRM $1-$10,000 BRM --
BKN $1-$10,000 BKN --
BCT $1-$10,000 BCT $1-$10,000
BQT $1-$10,000 BQT $1-$10,000
BSD $1-$10,000 BSD --
BHY $1-$10,000 BHY $10,001-$50,000
BNA $1-$10,000 BNA $1-$10,000
BFK $1-$10,000 BFK --
BPK $1-$10,000 BPK --
BHK $1-$10,000 BHK $1-$10,000
BLN $1-$10,000 BLN --
RNY $1-$10,000 RNY --
BNY $1-$10,000 BNY --
BLH $1-$10,000 BLH --
BHD $1-$10,000 BHD $1-$10,000
BBK $1-$10,000 BBK --
BLE $1-$10,000 BLE --
BYM $1-$10,000 BYM --
BQH $1-$10,000 BQH --
BFY $1-$10,000 BFY --
BSE $1-$10,000 BSE --
BPP $1-$10,000 BPP --
BLW $1-$10,000 BLW --
BKK $1-$10,000 BKK --
BDV $1-$10,000 BDV --
Kent Dixon BKT $1-$10,000 Over $100,000 BKT $1-$10,000 Over $100,000
BAT $1-$10,000 BAT $1-$10,000
BMN $1-$10,000 BMN --
BMT $1-$10,000 BMT --
BRM $1-$10,000 BRM --
BKN $1-$10,000 BKN --
BCT $1-$10,000 BCT $1-$10,000
BQT $1-$10,000 BQT $1-$10,000
BSD $1-$10,000 BSD --
BHY $50,001-$100,000 BHY $1-$10,000
BNA $1-$10,000 BNA $1-$10,000
BFK $50,001-$100,000 BFK --
BPK $1-$10,000 BPK --
BHK $1-$10,000 BHK $1-$10,000
BRF $1-$10,000 BRF --
RFA $1-$10,000 RFA --
BBF $10,001-$50,000 BBF --
BHD $1-$10,000 BHD $1-$10,000
35
AGGREGATE DOLLAR
DOLLAR RANGE OF EQUITY AGGREGATE DOLLAR DOLLAR RANGE OF SHARE RANGE OF EQUITY
NAME SECURITIES IN EACH TRUST(1) RANGE OF EQUITY EQUIVALENTS IN EACH TRUST SECURITIES AND
--- ---------------------------- SECURITIES OF ALL ------------------------- SHARE EQUIVALENTS
TRUST DOLLAR RANGE TRUSTS(1) TRUST DOLLAR RANGE OF ALL THE TRUSTS
----- -------------- ----------------- ---- ------------ -----------------
BBK $50,001-$100,000 BBK --
Kent Dixon BLE $1-$10,000 BLE --
(continued) BYM $50,001-$100,000 BYM --
BIE $1-$10,000 BIE --
BAF $1-$10,000 BAF --
BPP $1-$10,000 BPP --
BLW $10,001-$50,000 BLW --
BKK $1-$10,000 BKK --
BFO $1-$10,000 BFO --
BDV $10,001-$50,000 BDV --
Frank J. Fabozzi BKT $1-$10,000 $10,001-$50,000 BKT $1-$10,000 $10,001-$50,000
BAT $1-$10,000 BAT $1-$10,000
BMN $1-$10,000 BMN --
BMT $1-$10,000 BMT --
BRM $1-$10,000 BRM --
BKN $1-$10,000 BKN --
BCT $1-$10,000 BCT $1-$10,000
BQT $1-$10,000 BQT $1-$10,000
BSD $1-$10,000 BSD --
BHY $1-$10,000 BHY $1-$10,000
BNA $1-$10,000 BNA $1-$10,000
BFK $1-$10,000 BFK --
BPK $1-$10,000 BPK --
BHK $1-$10,000 BHK $1-$10,000
BPS $1-$10,000 BPS --
BHD $1-$10,000 BHD $1-$10,000
BBK $1-$10,000 BBK --
BLE $1-$10,000 BLE --
BYM $1-$10,000 BYM --
BPP $1-$10,000 BPP --
BLW $1-$10,000 BLW --
BKK $1-$10,000 BKK --
BDV $1-$10,000 BDV --
James Clayburn La BKT $1-$10,000 Over $100,000 BKT Over $100,000 Over $100,000
Force, Jr. BAT $1-$10,000 BAT Over $100,000
BMN $1-$10,000 BMN --
BMT $1-$10,000 BMT --
BRM $1-$10,000 BRM --
BKN $1-$10,000 BKN --
BCT $1-$10,000 BCT Over $100,000
BQT $1-$10,000 BQT Over $100,000
BSD $10,001-$50,000 BSD --
BHY $10,001-$50,000 BHY Over $100,000
BNA $1-$10,000 BNA Over $100,000
BFK $1-$10,000 BFK --
BPK $1-$10,000 BPK --
BHK $1-$10,000 BHK $10,001-$50,000
BFC $50,001-$100,000 BFC --
RAA $1-$10,000 RAA --
BFZ $1-$10,000 BFZ --
BJZ $1-$10,000 BJZ --
BHD $1-$10,000 BHD $10,001-$50,000
BBK $1-$10,000 BBK --
BLE $1-$10,000 BLE --
BYM $10,001-$50,000 BYM --
BZA $50,001-$100,000 BZA --
BCL $1-$10,000 BCL --
BCK $10,001-$50,000 BCK --
BPP $1-$10,000 BPP --
BLW $1-$10,000 BLW --
BKK $1-$10,000 BKK --
BDV $1-$10,000 BDV --
Walter F. Mondale BKT $1-$10,000 $50,001-$100,000 BKT $10,001-$50,000 Over $100,000
BAT $1-$10,000 BAT $10,001-$50,000
BMN $10,001-$50,000 BMN --
BMT $10,001-$50,000 BMT --
BRM $1-$10,000 BRM --
BKN $1-$10,000 BKN --
BCT $1-$10,000 BCT $10,001-$50,000
BQT $1-$10,000 BQT $10,001-$50,000
BSD $1-$10,000 BSD --
BHY $1-$10,000 BHY --
36
AGGREGATE DOLLAR
DOLLAR RANGE OF EQUITY AGGREGATE DOLLAR DOLLAR RANGE OF SHARE RANGE OF EQUITY
SECURITIES IN EACH TRUST(1) RANGE OF EQUITY EQUIVALENTS IN EACH TRUST SECURITIES AND
---------------------------- SECURITIES OF ALL ------------------------- SHARE EQUIVALENTS
NAME TRUST DOLLAR RANGE TRUSTS(1) TRUST DOLLAR RANGE OF ALL THE TRUSTS
---- ----- -------------- ----------------- ---- ------------ -----------------
BNA $1-$10,000 BNA $10,001-$50,000
BFK $1-$10,000 BFK --
Walter F. Mondale BPK $10,001-$50,000 BPK --
(continued) BHK $10,001-$50,000 BHK $1-$10,000
BHD $1-$10,000 BHD $1-$10,000
BBK $1-$10,000 BBK --
BLE $1-$10,000 BLE --
BYM $1-$10,000 BYM --
BPP $1-$10,000 BPP --
BLW $1-$10,000 BLW --
BKK $1-$10,000 BKK --
BDV $1-$10,000 BDV --
(1) Messrs. Kapito and Schlosstein and are not eligible to participate in the
deferred compensation plan. Therefore, they own the same amount of equity
securities without share equivalents as equity securities including share
equivalents.
37
THE BLACKROCK
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkn
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3256
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
INVESTMENT QUALITY MUNICIPAL TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
INVESTMENT QUALITY MUNICIPAL TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of the BlackRock
Investment Quality Municipal Trust Inc. (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Stockholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3256
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _______________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
INVESTMENT QUALITY MUNICIPAL TRUST INC.
--------------------------------------------------------------------------------
PREFERRED STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ____________________
Co-owner
Signature:_________________________________ Date: ____________________
DETACH HERE
PROXY
THE BLACKROCK
INVESTMENT QUALITY MUNICIPAL TRUST INC.
PREFERRED STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of preferred stock of The
BlackRock Investment Quality Municipal Trust Inc. (the "Trust") held of record
by the undersigned on February 27, 2004 at the Annual Meeting of Stockholders of
the Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK
INSURED MUNICIPAL
2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/brm
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3224
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] ______________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
INSURED MUNICIPAL 2008 TERM TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ____________________
Co-owner
Signature:_________________________________ Date: ____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
INSURED MUNICIPAL 2008 TERM TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Stockholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK
INSURED MUNICIPAL
2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3224
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] ______________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
INSURED MUNICIPAL 2008 TERM TRUST INC.
--------------------------------------------------------------------------------
PREFERRED STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ____________________
Co-owner
Signature:_________________________________ Date: ____________________
DETACH HERE
PROXY
THE BLACKROCK
INSURED MUNICIPAL 2008 TERM TRUST INC.
PREFERRED STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of preferred stock of The
BlackRock Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by
the undersigned on February 27, 2004 at the Annual Meeting of Stockholders of
the Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK CALIFORNIA
INSURED MUNICIPAL
2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bfc
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3227
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] ______________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ____________________
Co-owner
Signature:_________________________________ Date: ____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
California Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record
by the undersigned on February 27, 2004 at the Annual Meeting of Stockholders of
the Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK CALIFORNIA
INSURED MUNICIPAL
2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3227
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] ______________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.
--------------------------------------------------------------------------------
PREFERRED STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ____________________
Co-owner
Signature:_________________________________ Date: ____________________
DETACH HERE
PROXY
THE BLACKROCK
CALIFORNIA INSURED MUNICIPAL 2008 TERM TRUST INC.
PREFERRED STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of preferred stock of The
BlackRock California Insured Municipal 2008 Term Trust Inc. (the "Trust") held
of record by the undersigned on February 27, 2004 at the Annual Meeting of
Stockholders of the Trust to be held on May 26, 2004 or at any adjournments or
postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK FLORIDA
INSURED MUNICIPAL
2008 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3235
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] ______________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK
FLORIDA INSURED MUNICIPAL 2008 TERM TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ____________________
Co-owner
Signature:_________________________________ Date: ____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
FLORIDA INSURED MUNICIPAL 2008 TERM TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of The BlackRock Florida
Insured Municipal 2008 Term Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK FLORIDA
INSURED MUNICIPAL
2008 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3235
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] ______________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK
FLORIDA INSURED MUNICIPAL 2008 TERM TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ____________________
Co-owner
Signature:_________________________________ Date: ____________________
DETACH HERE
PROXY
THE BLACKROCK
FLORIDA INSURED MUNICIPAL 2008 TERM TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of The BlackRock Florida
Insured Municipal 2008 Term Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK NEW YORK
INSURED MUNICIPAL
2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bln
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3254
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] ______________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ____________________
Co-owner
Signature:_________________________________ Date: ____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
New York Insured Municipal 2008 Term Trust Inc. (the "Trust") held of record by
the undersigned on February 27, 2004 at the Annual Meeting of Stockholders of
the Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK NEW YORK
INSURED MUNICIPAL
2008 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3254
|X| PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03)RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] ______________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.
--------------------------------------------------------------------------------
PREFERRED STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ____________________
Co-owner
Signature:_________________________________ Date: ____________________
DETACH HERE
PROXY
THE BLACKROCK
NEW YORK INSURED MUNICIPAL 2008 TERM TRUST INC.
PREFERRED STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of preferred stock of The
BlackRock New York Insured Municipal 2008 Term Trust Inc. (the "Trust") held of
record by the undersigned on February 27, 2004 at the Annual Meeting of
Stockholders of the Trust to be held on May 26, 2004 or at any adjournments or
postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
THE BLACKROCK BROAD
INVESTMENT GRADE
2009 TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
----------------------------
----------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bct
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3226
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK
BROAD INVESTMENT GRADE 2009 TERM TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ________________
Co-owner
Signature:_________________________________ Date: ________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
BROAD INVESTMENT GRADE 2009 TERM TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
Broad Investment Grade 2009 Term Trust Inc. (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Stockholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------
-------------------------------------
-------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------
-------------------------------------
-------------------------------------
THE BLACKROCK
INCOME TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3232
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK INCOME TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK INCOME TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
Income Trust Inc. (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Stockholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
THE BLACKROCK
HIGH YIELD TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
----------------------------
----------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bhy
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3237
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK HIGH YIELD TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ________________
Co-owner
Signature:_________________________________ Date: ________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK HIGH YIELD TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of The BlackRock High Yield
Trust (the "Trust") held of record by the undersigned on February 27, 2004 at
the Annual Meeting of Shareholders of the Trust to be held on May 26, 2004 or at
any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------
-------------------------------------
-------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------
-------------------------------------
-------------------------------------
THE BLACKROCK
INVESTMENT QUALITY
TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
----------------------------
----------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bqt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3241
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK
INVESTMENT QUALITY TERM TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ________________
Co-owner
Signature:_________________________________ Date: ________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
INVESTMENT QUALITY TERM TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of the BlackRock
Investment Quality Term Trust Inc. (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Stockholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------
-------------------------------------
-------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------
-------------------------------------
-------------------------------------
THE BLACKROCK
ADVANTAGE TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bat
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3225
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK
ADVANTAGE TERM TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ________________
Co-owner
Signature:_________________________________ Date: ________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
ADVANTAGE TERM TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
Advantage Term Trust Inc. (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Stockholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------
-------------------------------------
-------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------
-------------------------------------
-------------------------------------
THE BLACKROCK
MUNICIPAL TARGET TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3247
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
MUNICIPAL TARGET TERM TRUST, INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
MUNICIPAL TARGET TERM TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
Municipal Target Term Trust Inc. (the "Trust") held of record by the undersigned
on February 27, 2004 at the Annual Meeting of Stockholders of the Trust to be
held on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
THE BLACKROCK
MUNICIPAL TARGET TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3247
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
MUNICIPAL TARGET TERM TRUST INC.
--------------------------------------------------------------------------------
PREFERRED STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE
PROXY
THE BLACKROCK
MUNICIPAL TARGET TERM TRUST INC.
PREFERRED STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of preferred stock of The
BlackRock Municipal Target Term Trust Inc. (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Stockholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
THE BLACKROCK CALIFORNIA
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/raa
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3231
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Director:
(01) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR THE [ ] WITHHOLD
NOMINEE FROM THE
NOMINEE
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:_________________________________ Date: ________________
Co-owner
Signature:_________________________________ Date: ________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
California Investment Quality Municipal Trust Inc. (the "Trust") held of record
by the undersigned on February 27, 2004 at the Annual Meeting of Stockholders of
the Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------
-------------------------------------
-------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------
-------------------------------------
-------------------------------------
THE BLACKROCK CALIFORNIA INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3231
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.
--------------------------------------------------------------------------------
PREFERRED STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
PROXY
THE BLACKROCK
CALIFORNIA INVESTMENT QUALITY MUNICIPAL TRUST INC.
PREFERRED STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of preferred stock of The
BlackRock California Investment Quality Municipal Trust Inc. (the "Trust") held
of record by the undersigned on February 27, 2004 at the Annual Meeting of
Stockholders of the Trust to be held on May 26, 2004 or at any adjournments or
postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
THE BLACKROCK FLORIDA
INVESTMENT QUALITY
MUNICIPAL TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3236
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustee:
(01) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
THE FROM THE
NOMINEE NOMINEE
--------------------------------------------------------------------------------
THE BLACKROCK
FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of The BlackRock Florida
Investment Quality Municipal Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
THE BLACKROCK FLORIDA
INVESTMENT QUALITY
MUNICIPAL TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3236
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK
FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE
PROXY
THE BLACKROCK
FLORIDA INVESTMENT QUALITY MUNICIPAL TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of The BlackRock Florida
Investment Quality Municipal Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
THE BLACKROCK NEW JERSEY
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/rnj
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3243
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Director:
(01) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
THE FROM THE
NOMINEE NOMINEE
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
New Jersey Investment Quality Municipal Trust Inc. (the "Trust") held of record
by the undersigned on February 27, 2004 at the Annual Meeting of Stockholders of
the Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
THE BLACKROCK NEW JERSEY
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3243
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.
--------------------------------------------------------------------------------
PREFERRED STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE
PROXY
THE BLACKROCK
NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.
PREFERRED STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of preferred stock of The
BlackRock New Jersey Investment Quality Municipal Trust Inc. (the "Trust") held
of record by the undersigned on February 27, 2004 at the Annual Meeting of
Stockholders of the Trust to be held on May 26, 2004 or at any adjournments or
postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE THIS PROXY WILL BE VOTED
FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
THE BLACKROCK NEW YORK
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3252
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
New York Investment Quality Municipal Trust Inc. (the "Trust") held of record by
the undersigned on February 27, 2004 at the Annual Meeting of Stockholders of
the Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
THE BLACKROCK NEW YORK
INVESTMENT QUALITY
MUNICIPAL TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3252
1.Election of Directors:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.
--------------------------------------------------------------------------------
PREFERRED STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE
PROXY
THE BLACKROCK
NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.
PREFERRED STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of preferred stock of The
BlackRock New York Investment Quality Municipal Trust Inc. (the "Trust") held of
record by the undersigned on February 27, 2004 at the Annual Meeting of
Stockholders of the Trust to be held on May 26, 2004 or at any adjournments or
postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
THE BLACKROCK
INCOME OPPORTUNITY TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3249
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK
INCOME OPPORTUNITY TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
INCOME OPPORTUNITY TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
Income Opportunity Trust Inc. (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Stockholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
THE BLACKROCK INSURED
MUNICIPAL TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3239
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
INSURED MUNICIPAL TERM TRUST INC.
--------------------------------------------------------------------------------
COMMON STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
INSURED MUNICIPAL TERM TRUST INC.
COMMON STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of common stock of The BlackRock
Insured Municipal Term Trust Inc. (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Stockholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
THE BLACKROCK INSURED
MUNICIPAL TERM TRUST INC.
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3239
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
2. Approval of Proposal 2, to amend the Trust's Articles Supplementary:
[ ] FOR [ ] AGAINST [ ] ABSTAIN
--------------------------------------------------------------------------------
THE BLACKROCK
INSURED MUNICIPAL TERM TRUST INC.
--------------------------------------------------------------------------------
PREFERRED STOCK
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE
PROXY
THE BLACKROCK
INSURED MUNICIPAL TERM TRUST INC.
PREFERRED STOCK
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the shares of preferred stock of The
BlackRock Insured Municipal Term Trust Inc. (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Stockholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
THE BLACKROCK
PENNSYLVANIA STRATEGIC
MUNICIPAL TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bps
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3255
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustee:
(01) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
THE FROM THE
NOMINEE NOMINEE
--------------------------------------------------------------------------------
THE BLACKROCK
PENNSYLVANA STRATEGIC MUNICIPAL TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
PENNSYLVANIA STRATEGIC MUNICIPAL TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of The BlackRock
Pennsylvania Strategic Municipal Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
THE BLACKROCK
PENNSYLVANIA STRATEGIC
MUNICIPAL TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3255
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK
PENNSYLVANIA STRATEGIC MUNICIPAL TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
PENNSYLVANIA STRATEGIC MUNICIPAL TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of The BlackRock
Pennsylvania Strategic Municipal Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
THE BLACKROCK
STRATEGIC MUNICIPAL TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bsd
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3261
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustee:
(01) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
THE FROM THE
NOMINEE NOMINEE
--------------------------------------------------------------------------------
THE BLACKROCK
STRATEGIC MUNICIPAL TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
THE BLACKROCK
STRATEGIC MUNICIPAL TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of The BlackRock Strategic
Municipal Trust (the "Trust") held of record by the undersigned on February 27,
2004 at the Annual Meeting of Shareholders of the Trust to be held on May 26,
2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
THE BLACKROCK
STRATEGIC MUNICIPAL TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3261
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
THE BLACKROCK
STRATEGIC MUNICIPAL TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE
PROXY
THE BLACKROCK
STRATEGIC MUNICIPAL TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of The BlackRock
Strategic Municipal Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
BLACKROCK FLORIDA
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3234
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
FLORIDA MUNICIPAL INCOME TRUST COMMON
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
FLORIDA MUNICIPAL INCOME TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Florida
Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
BLACKROCK FLORIDA
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3234
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
FLORIDA MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE
PROXY
BLACKROCK
FLORIDA MUNICIPAL INCOME TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock Florida
Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
BLACKROCK
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bfk
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3245
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK MUNICIPAL
INCOME TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
MUNICIPAL INCOME TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Municipal
Income Trust (the "Trust") held of record by the undersigned on February 27,
2004 at the Annual Meeting of Shareholders of the Trust to be held on May 26,
2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
BLACKROCK
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3245
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE
PROXY
BLACKROCK
MUNICIPAL INCOME TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
BLACKROCK CALIFORNIA
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bfz
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3238
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock California
Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
BLACKROCK CALIFORNIA
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3238
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature:___________________________________ Date:__________________________
Co-owner
Signature:___________________________________ Date:__________________________
DETACH HERE
PROXY
BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
California Municipal Income Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
BLACKROCK NEW JERSEY
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3248
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW JERSEY MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
NEW JERSEY MUNICIPAL INCOME TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock New Jersey
Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
BLACKROCK NEW JERSEY
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3248
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW JERSEY MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
NEW JERSEY MUNICIPAL INCOME TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock New
Jersey Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
----------------------------------------
----------------------------------------
----------------------------------------
BLACKROCK NEW YORK
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3251
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST COMMON
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock New York
Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
BLACKROCK NEW YORK
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3251
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock New
York Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK CALIFORNIA
MUNICIPAL 2018 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bjz
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3229
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA MUNICIPAL 2018 TERM TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
CALIFORNIA MUNICIPAL 2018 TERM TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock California
Municipal 2018 Term Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK CALIFORNIA
MUNICIPAL 2018 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3229
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA MUNICIPAL 2018 TERM TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE
PROXY
BLACKROCK
CALIFORNIA MUNICIPAL 2018 TERM TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
California Municipal 2018 Term Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
BLACKROCK
MUNICIPAL 2018 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bpk
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3262
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
MUNICIPAL 2018 TERM TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
MUNICIPAL 2018 TERM TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Municipal
2018 Term Trust (the "Trust") held of record by the undersigned on February 27,
2004 at the Annual Meeting of Shareholders of the Trust to be held on May 26,
2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK
MUNICIPAL 2018 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3262
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
MUNICIPAL 2018 TERM TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
MUNICIPAL 2018 TERM TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
Municipal 2018 Term Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK NEW YORK
MUNICIPAL 2018 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/blh
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3253
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK MUNICIPAL 2018 TERM TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
NEW YORK MUNICIPAL 2018 TERM TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock New York
Municipal 2018 Term Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK NEW YORK
MUNICIPAL 2018 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3253
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK MUNICIPAL 2018 TERM TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
NEW YORK MUNICIPAL 2018 TERM TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock New
York Municipal 2018 Term Trust (the "Trust") held of record by the undersigned
on February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be
held on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK CORE BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bhk
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3228
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK CORE BOND TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK CORE BOND TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Core Bond
Trust (the "Trust") held of record by the undersigned on February 27, 2004 at
the Annual Meeting of Shareholders of the Trust to be held on May 26, 2004 or at
any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK STRATEGIC BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bhd
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3259
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) ANDREW F. BRIMMER
(02) KENT DIXON
(03) ROBERT S. KAPITO
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK STRATEGIC BOND TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK STRATEGIC BOND TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Strategic
Bond Trust (the "Trust") held of record by the undersigned on February 27, 2004
at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2004 or
at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bbk
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3244
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK MUNICIPAL BOND TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Municipal
Bond Trust (the "Trust") held of record by the undersigned on February 27, 2004
at the Annual Meeting of Shareholders of the Trust to be held on May 26, 2004 or
at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3244
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
MUNICIPAL BOND TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
Municipal Bond Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK CALIFORNIA
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bza
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3222
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
CALIFORNIA MUNICIPAL BOND TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock California
Municipal Bond Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK CALIFORNIA
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3222
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
CALIFORNIA MUNICIPAL BOND TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
California Municipal Bond Trust (the "Trust") held of record by the undersigned
on February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be
held on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK FLORIDA
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bie
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3233
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
FLORIDA MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
FLORIDA MUNICIPAL BOND TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Florida
Municipal Bond Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK FLORIDA
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3233
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE (03)
RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
FLORIDA MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
FLORIDA MUNICIPAL BOND TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock Florida
Municipal Bond Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK MARYLAND
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bzm
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3246
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
--------------------------------------------------------------------------------
BLACKROCK
MARYLAND MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
MARYLAND MUNICIPAL BOND TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Maryland
Municipal Bond Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK MARYLAND
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3246
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
MARYLAND MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
MARYLAND MUNICIPAL BOND TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
Maryland Municipal Bond Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK NEW JERSEY
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/blj
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3242
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW JERSEY MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
NEW JERSEY MUNICIPAL BOND TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock New Jersey
Municipal Bond Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK NEW JERSEY
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3242
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW JERSEY MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE
PROXY
BLACKROCK
NEW JERSEY MUNICIPAL BOND TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock New
Jersey Municipal Bond Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
BLACKROCK NEW YORK
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bqh
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3223
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
NEW YORK MUNICIPAL BOND TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock New York
Municipal Bond Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK NEW YORK
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3223
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
NEW YORK MUNICIPAL BOND TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock New
York Municipal Bond Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK VIRGINIA
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bhv
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3263
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
VIRGINIA MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
VIRGINIA MUNICIPAL BOND TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Virginia
Municipal Bond Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK VIRGINIA
MUNICIPAL BOND TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3263
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
VIRGINIA MUNICIPAL BOND TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ____________________________________ Date:_____________________
Co-owner
Signature: ____________________________________ Date:_____________________
DETACH HERE
PROXY
BLACKROCK
VIRGINIA MUNICIPAL BOND TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
Virginia Municipal Bond Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
--------------------------------------
--------------------------------------
--------------------------------------
DO YOU HAVE ANY COMMENTS?
--------------------------------------
--------------------------------------
--------------------------------------
BLACKROCK
MUNICIPAL INCOME TRUST II
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/ble
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3318
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
MUNICIPAL INCOME TRUST II
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
MUNICIPAL INCOME TRUST II
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Municipal
Income Trust II (the "Trust") held of record by the undersigned on February 27,
2004 at the Annual Meeting of Shareholders of the Trust to be held on May 26,
2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK
MUNICIPAL INCOME TRUST II
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3318
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
MUNICIPAL INCOME TRUST II
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
MUNICIPAL INCOME TRUST II
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
Municipal Income Trust II (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK CALIFORNIA
MUNICIPAL INCOME TRUST II
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
---------------------------
---------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkt
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3258
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST II
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST II
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock California
Municipal Income Trust II (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
BLACKROCK CALIFORNIA
MUNICIPAL INCOME TRUST II
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3258
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST II
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE
PROXY
BLACKROCK
CALIFORNIA MUNICIPAL INCOME TRUST II
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
California Municipal Income Trust II (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK NEW YORK
MUNICIPAL INCOME TRUST II
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bfy
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3321
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST II
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST II
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock New York
Municipal Income Trust II (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK NEW YORK
MUNICIPAL INCOME TRUST II
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3321
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST II
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
NEW YORK MUNICIPAL INCOME TRUST II
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock New
York Municipal Income Trust II (the "Trust") held of record by the undersigned
on February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be
held on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK INSURED MUNICIPAL
INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bym
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3317
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
INSURED MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
--------------------------------------------------------------------------------
BLACKROCK
INSURED MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Insured
Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK INSURED MUNICIPAL
INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3317
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
INSURED MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE
PROXY
BLACKROCK
INSURED MUNICIPAL INCOME TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock Insured
Municipal Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK CALIFORNIA INSURED
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bck
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3257
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA INSURED MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
CALIFORNIA INSURED MUNICIPAL INCOME TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock California
Insured Municipal Income Trust (the "Trust") held of record by the undersigned
on February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be
held on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK CALIFORNIA INSURED
MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3257
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Directors:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
CALIFORNIA INSURED MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
CALIFORNIA INSURED MUNICIPAL INCOME TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
California Insured Municipal Income Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
BLACKROCK FLORIDA
INSURED MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/baf
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3264
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
FLORIDA INSURED MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
FLORIDA INSURED MUNICIPAL INCOME TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Florida
Insured Municipal Income Trust (the "Trust") held of record by the undersigned
on February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be
held on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK FLORIDA
INSURED MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3264
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
FLORIDA INSURED MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
FLORIDA INSURED MUNICIPAL INCOME TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock Florida
Insured Municipal Income Trust (the "Trust") held of record by the undersigned
on February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be
held on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK NEW YORK
INSURED MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bse
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3319
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) WALTER F. MONDALE
(02) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK INSURED MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
NEW YORK INSURED MUNICIPAL INCOME TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock New York
Insured Municipal Income Trust (the "Trust") held of record by the undersigned
on February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be
held on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK NEW YORK
INSURED MUNICIPAL INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3319
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) FRANK FABOZZI
(02) WALTER F. MONDALE
(03) RALPH L. SCHLOSSTEIN
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
NEW YORK INSURED MUNICIPAL INCOME TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
NEW YORK INSURED MUNICIPAL INCOME TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock New
York Insured Municipal Income Trust (the "Trust") held of record by the
undersigned on February 27, 2004 at the Annual Meeting of Shareholders of the
Trust to be held on May 26, 2004 or at any adjournments or postponements
thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK
PREFERRED OPPORTUNITY TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bpp
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3322
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Trustee:
(01) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
THE FROM THE
NOMINEE NOMINEE
--------------------------------------------------------------------------------
BLACKROCK
PREFERRED OPPORTUNITY TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
PREFERRED OPPORTUNITY TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Preferred
Opportunity Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK
PREFERRED OPPORTUNITY TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3322
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
PREFERRED OPPORTUNITY TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE
PROXY
BLACKROCK
PREFERRED OPPORTUNITY TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
Preferred Opportunity Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK
LIMITED DURATION
INCOME TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/blw
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3516
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
LIMITED DURATION INCOME TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
LIMITED DURATION INCOME TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of common shares of the BlackRock Limited
Duration Income Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK
MUNICIPAL 2020 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bkk
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3646
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1.Election of Trustee:
(01) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
THE FROM THE
NOMINEE NOMINEE
--------------------------------------------------------------------------------
BLACKROCK
MUNICIPAL 2020 TERM TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
MUNICIPAL 2020 TERM TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Municipal
2020 Term Trust (the "Trust") held of record by the undersigned on February 27,
2004 at the Annual Meeting of Shareholders of the Trust to be held on May 26,
2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK
MUNICIPAL 2020 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3646
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustees:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] __________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
MUNICIPAL 2020 TERM TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE
PROXY
BLACKROCK
MUNICIPAL 2020 TERM TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock
Municipal 2020 Term Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK FLORIDA
MUNICIPAL 2020 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
--------------------------
--------------------------
YOUR VOTE IS IMPORTANT. PLEASE VOTE IMMEDIATELY.
VOTE-BY-INTERNET
LOG ON TO THE INTERNET AND GO TO
http://www.eproxyvote.com/bfo
[COMPUTER LOGO]
OR
VOTE-BY-TELEPHONE
CALL TOLL-FREE
1-877-PRX-VOTE (1-877-779-8683)
[TELEPHONE LOGO]
IF YOU VOTE OVER THE INTERNET OR BY TELEPHONE, PLEASE DO NOT MAIL YOUR CARD.
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
3645
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Trustee:
(01) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
THE FROM THE
NOMINEE NOMINEE
--------------------------------------------------------------------------------
BLACKROCK
FLORIDA MUNICIPAL 2020 TERM TRUST
--------------------------------------------------------------------------------
COMMON SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card.
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE IF YOU ARE RETURNING YOUR PROXY CARD BY MAIL
PROXY
BLACKROCK
FLORIDA MUNICIPAL 2020 TERM TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Florida
Municipal 2020 Term Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
---------------------------------------
---------------------------------------
---------------------------------------
DO YOU HAVE ANY COMMENTS?
---------------------------------------
---------------------------------------
---------------------------------------
BLACKROCK
FLORIDA MUNICIPAL
2020 TERM TRUST
C/O EQUISERVE TRUST COMPANY N.A.
P.O. BOX 8694
EDISON, NJ 08818-8694
DETACH HERE
3645
[X] PLEASE MARK
VOTES AS IN
THIS EXAMPLE.
1. Election of Directors:
(01) RICHARD E. CAVANAGH
(02) JAMES CLAYBURN LA FORCE, JR.
[ ] FOR [ ] WITHHOLD
ALL FROM ALL
NOMINEES NOMINEES
[ ] _____________________________________________
For all nominees except as noted above
--------------------------------------------------------------------------------
BLACKROCK
FLORIDA MUNICIPAL 2020 TERM TRUST
--------------------------------------------------------------------------------
PREFERRED SHARES
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
Please be sure to sign and date this Proxy.
Signature: ______________________________ Date: _________________
Co-owner
Signature: ______________________________ Date: _________________
DETACH HERE
PROXY
BLACKROCK
FLORIDA MUNICIPAL 2020 TERM TRUST
PREFERRED SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James Kong,
and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the preferred shares of the BlackRock Florida
Municipal 2020 Term Trust (the "Trust") held of record by the undersigned on
February 27, 2004 at the Annual Meeting of Shareholders of the Trust to be held
on May 26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN
BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED FOR THE PROPOSAL.
--------------------------------------------------------------------------------
PLEASE MARK BOXES IN BLUE OR BLACK INK.
SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING
THE ENCLOSED POSTAGE PAID ENVELOPE.
--------------------------------------------------------------------------------
HAS YOUR ADDRESS CHANGED?
-------------------------------------------
-------------------------------------------
-------------------------------------------
DO YOU HAVE ANY COMMENTS?
-------------------------------------------
-------------------------------------------
-------------------------------------------
BLACKROCK
YOUR VOTE IS IMPORTANT
VOTE BY INTERNET / TELEPHONE
24 HOURS A DAY, 7 DAYS A WEEK
INTERNET
--------
https://www.proxyvotenow.com/bdv
o Go to the website address listed above.
o HAVE YOUR PROXY CARD READY.
o Follow the simple instructions that appear on your computer screen.
OR
TELEPHONE
---------
1-866-205-9017
o Use any touch-tone telephone.
o HAVE YOUR PROXY CARD READY.
o Follow the simple recorded instructions.
OR
MAIL
----
o Mark, sign and date your proxy card.
o Detach your proxy card.
o Return your proxy card in the postage-paid envelope provided.
------------------
------------------
PLEASE SUBMIT YOUR INTERNET OR TELEPHONE VOTE BEFORE 4:00 P.M., NEW YORK TIME,
ON MAY 25, 2004.
\/ DETACH PROXY CARD HERE IF YOU ARE NOT VOTING BY TELEPHONE OR INTERNET \/
--------------------------------------------------------------------------------
PLEASE SIGN, DATE AND RETURN
THE PROXY CARD PROMPTLY VOTES MUST BE INDICATED
USING THE ENCLOSED ENVELOPE (X) IN BLACK OR BLUE INK
1. Election of Trustees:
FOR WITHHOLD EXCEPTION
THE [ ] FROM THE [ ] [ ]
NOMINEES NOMINEES
Nominee: 01 - Richard E. Cavanagh
02 - James Clayburn La Force, Jr.
(INSTRUCTIONS: TO WITHHOLD AUTHORITY TO VOTE FOR ANY INDIVIDUAL NOMINEE, STRIKE
A LINE THROUGH THAT NOMINEE'S NAME AND CHECK THE "EXCEPTIONS" BOX ABOVE.)
--------------------------------------------------------------------------------
BLACKROCK
DIVIDEND ACHIEVERS(TM) TRUST
--------------------------------------------------------------------------------
COMMON SHARES
To change your address, please mark this box. [ ]
To include any comments, please mark this box. [ ]
--------------------------------------------------------------------------------
S C A N L I N E
--------------------------------------------------------------------------------
Please be sure to sign and date this Proxy.
Date Share Owner sign here Co-Owner sign here
------------------------------------- --------------------------------------
------------------------------------- --------------------------------------
449
PROXY
BLACKROCK DIVIDEND ACHIEVERS(TM) TRUST
COMMON SHARES
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
The undersigned hereby appoints Anne F. Ackerley, Henry Gabbay and James
Kong, and each of them, as proxies, each with the power to appoint his or her
substitute, and hereby authorizes them to represent and to vote, as designated
on the reverse side hereof, all of the common shares of the BlackRock Dividend
AchieversTM Trust (the "Trust") held of record by the undersigned on February
27, 2004 at the Annual Meeting of Shareholders of the Trust to be held on May
26, 2004 or at any adjournments or postponements thereof.
THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED
HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL
BE VOTED FOR THE PROPOSAL.
Continued on the reverse side. Must be signed and dated on the reverse side.
HAS YOUR ADDRESS CHANGED?
------------------------------
BLACKROCK DIVIDEND ACHIEVERS(TM) TRUST
------------------------------ P.O. BOX 11325
NEW YORK, N.Y. 10203-0325
------------------------------
DO YOU HAVE ANY COMMENTS?
------------------------------
------------------------------
------------------------------