REG-BlackRock New Engy: Proposed Bonus Issue of Subscription Shares

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Mon Apr 20, 2009 9:49am EDT 

BlackRock New Energy Investment Trust plc

PROPOSED BONUS ISSUE OF SUBSCRIPTION SHARES

20 April 2009

The Board of BlackRock New Energy Investment Trust plc (the "Company")
announces that it is considering proposals for a bonus issue of subscription
shares to ordinary shareholders. Subscription shares confer the right (but not
the obligation) to subscribe for ordinary shares and are qualifying investments
for the purposes of stocks and shares ISAs and SIPPs. The Board believes that
subscription shares represent an attractive way in which investors can
participate in any future net asset growth of the Company through subscribing
for ordinary shares, as well as having the potential to increase the size of
the Company.

It is expected documents containing recommended proposals will be posted to
shareholders in June 2009. A further announcement will be made in due course.



Enquiries:

Jonathan Ruck Keene                          020 7743 2178                     
BlackRock Investment Management (UK) Limited                                   
                                                                               
James Moseley/Katie Standley                 020 3100 0250/0297                
Winterflood Investment Trusts                                                  


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