REG-BlackRock Hedge Sel: Estimated Net Asset Value(s)

BlackRock Hedge Selector Ltd - Estimated Weekly NAV

The Company's estimated weekly NAV as at 26 October 2009 was as follows:-

UK Emerging Companies Shares GBP 0.99753

Cash Fund Shares GBP 1.00007

BlackRock (Channel Islands) Limited

Secretary

29 October 2009

The Net Asset Value figures in this announcement are an estimate, and are based
on unaudited estimated valuations. The final month-end Net Asset Value may be
materially different from these estimated weekly values, and should only be
taken as indicative values which have been provided for information only and no
reliance should be placed on them. Estimated results, performance or
achievements may differ materially from any actual results, performance or
achievements. Except as required by applicable law, the Company expressly
disclaims any obligations to update or revise such estimates to reflect any
change in expectations, new information, subsequent events or otherwise

END