BlackRock Announces Changes to U.S. iShares Fund Lineup

BlackRock, Inc. (NYSE: BLK) plans to close and liquidate the following
U.S. iShares ETFs based on an ongoing process to review its product
lineup and ensure it meets the evolving needs of its clients.

After the close of business on August 15, 2018 the funds will no longer
accept creation orders. Trading in the funds will be suspended prior to
market open on August 16, 2018. Proceeds of the liquidation are
currently scheduled to be sent to shareholders on August 22, 2018. For
more information, please call 1-800-iShares (1-800-474-2737).

About BlackRock

BlackRock helps investors build better financial futures. As a fiduciary
to our clients, we provide the investment and technology solutions they
need when planning for their most important goals. As of March 31, 2018,
the firm managed approximately $6.317 trillion in assets on behalf of
investors worldwide. For additional information on BlackRock, please
visit www.blackrock.com
| Twitter: @blackrock
| Blog: www.blackrockblog.com
| LinkedIn: www.linkedin.com/company/blackrock.

About iShares

iShares® is a global leader in exchange-traded funds
(ETFs), with more than a decade of expertise and commitment to
individual and institutional investors of all sizes. With over 800 funds
globally across multiple asset classes and strategies and more than $1.7
trillion in assets under management as of March 31, 2018, iShares
helps clients around the world build the core of their portfolios, meet
specific investment goals and implement market views. iShares
funds are powered by the expert portfolio and risk management of
BlackRock, trusted to manage more money than any other investment firm1.

1 Based on $6.317 trillion in AUM as of 3/31/18

Carefully consider the iShares Funds’ investment objectives, risk
factors, and charges and expenses before investing. This and other
information can be found in the Funds’ prospectuses and, if available,
summary prospectuses, which may be obtained by calling 1-800-iShares
(1-800-474-2737) or by visiting www.iShares.com.
Read the prospectus carefully before investing.

Investing involves risk, including possible loss of principal.

The iShares Funds are distributed by BlackRock Investments, LLC. (The
iShares Funds are not sponsored, endorsed, issued, sold or promoted by
MSCI Inc., nor does MSCI Inc, make any representation regarding the
advisability of investing in the Funds. BlackRock is not affiliated with

©2018 BlackRock. All rights reserved. iSHARES and BLACKROCK
are registered trademarks of BlackRock. All other marks are the property
of their respective owners. 524765

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