BLACKROCK INVESTMENT TRUSTS
NET ASSET VALUE
BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC
The unaudited net asset value for BlackRock Greater Europe Investment Trust plc
at close of business on 20 November 2009 was:
173.46p Capital only (undiluted)
173.60p Including current year income (undiluted) XD
173.46p Capital only (treasury shares)
173.60p Including current year income (diluted for treasury shares) XD
Notes:
1. Investments have been valued on a bid price basis.
2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.
3. The undiluted net asset value above has been calculated based on 105,124,598
ordinary shares, excluding 1,696,092 shares currently held in Treasury.
4. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).
NET ASSET VALUE
BLACKROCK WORLD MINING TRUST PLC
The unaudited net asset value for BlackRock World Mining Trust plc at close of
business on 20 November 2009 was:
630.32p Capital only (undiluted)
635.27p Including current year income (undiluted)
Notes:
1. Investments have been valued on a bid price basis.
2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.
3. The undiluted net asset value per share has been calculated on 177,762,242
ordinary shares excluding 15,249,600 held in treasury.
4. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).
NET ASSET VALUE
BLACKROCK NEW ENERGY INVESTMENT TRUST PLC
The unaudited net asset value for BlackRock New Energy Investment Trust plc at
close of business on 20 November 2009 was:
50.19p Capital (Pre Performance Fee)
50.19p Capital (Post Performance Fee)
50.40p Including income (Pre Performance Fee)
50.40p Including income (Post Performance Fee)
49.50p Capital (Pre Performance Fee) - diluted for subscription shares
49.50p Capital (Post Performance Fee) - diluted for subscription shares
49.68p Including income (Pre Performance Fee) - diluted for subscription shares
49.68p Including income (Post Performance Fee) - diluted for subscription
shares
Notes:
1. Under the investment management agreement dated 14 December 2006, a
performance fee is payable based on outperformance of the Company's benchmark index
if the Company's NAV reaches a high watermark of 55.58p. In accordance with the AIC
statement of Recommended Practice, the above NAV includes any relevant performance fee
provisions to the extent that the high watermark has been attained. The NAV prior to the
calculation of any performance fee accruals, for the purposes of calculating the highwatermark,
amounted to: 50.19p (capital only); 50.40p (including income); 49.50p (capital only
diluted); 49.68p (incl. income diluted).
3. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.
4. Following the conversion of 1,006,654 subscription shares into ordinary
shares on 5 November 2009, the number of ordinary shares now in issue totals
244,756,654. The number of subscription shares now in issue totals 47,743,157.
5. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).
NET ASSET VALUE
BLACKROCK SMALLER COMPANIES TRUST PLC
The unaudited net asset value for BlackRock Smaller Companies Trust plc at
close of business on 20 November 2009 was:
364.77p Capital only and including debt at par value
360.52p Capital only and including debt at fair value
368.47p Including current year income and debt at par value
364.23p Including current year income and debt at fair value
Notes:
1. Investments have been valued on a bid price basis.
2. 300,000 ordinary shares purchased on 9 April 2009, bringing the total amount
of ordinary shares held in treasury to 1,798,731. The total number of ordinary
shares in issue excluding treasury shares is 48,194,792.
3. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).
NET ASSET VALUE
BLACKROCK COMMODITIES INCOME INVESTMENT TRUST PLC
The unaudited net asset value for BlackRock Commodities Income Investment Trust
plc at close of business on 20 November 2009 was:
119.21p Capital only (undiluted)
120.51p Including current year income (undiluted)
119.21p Capital only (diluted NAV incorporating treasury shares)
120.51p Including current year income (diluted NAV incorporating treasury
shares)
Notes:
1. Investments have been valued on a bid price basis.
2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.
3. The unaudited NAV above has been calculated based on 74,825,662 shares.
4. Following the resale of 250,000 shares out of treasury on 15 July 2009,
there are 774,338 shares held in treasury.
5. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).
NET ASSET VALUE
BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC
The unaudited net asset value for BlackRock Latin American Investment Trust plc
at close of business on 20 November 2009 was:
1014.40c per share (US cents) - Capital only
614.32p per share (pence sterling) - Capital only
1024.12c per share (US cents) - Including current year income
620.21p per share (pence sterling) - Including current year income
973.65c per share (US cents) - Capital only with convertible bond at fair value
589.64p per share (pence sterling) - Capital only with convertible bond at fair
value
982.75c per share (US cents) - Including current year income with convertible
bond at fair value
595.15p per share (pence sterling) - Including current year income with
convertible bond at fair value
998.77c per share (US cents) - Fully diluted for full conversion of bond and
with treasury shares not sold (USD) incl. income
604.86p per share (pence sterling) - Fully diluted for full conversion of bond
and with treasury shares not sold (pence) incl. income
Notes:
1. Investments have been valued on a bid price basis.
2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.
3. Following the tender offer on 6 April 2009, 3,554,231 shares were tendered
and held in treasury and the cancellation of 400,000 shares held in treasury on
20 August 2009, the total number of shares now held in treasury is 3,554,231.
The number of shares in issue (excluding treasury shares) is 43,835,522.
4. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).
5. The treasury shares had no impact on the NAV as at 20 November 2009.
Therefore only the basic NAVs, the NAVs with the convertible bond at fair value
and the NAVs fully diluted for the full conversion of the convertible bonds
have been disclosed.
NET ASSET VALUE
THE THROGMORTON TRUST PLC
The unaudited net asset value for The Throgmorton Trust PLC at close of
business on 20 November 2009 was:
144.29p Capital only
148.00p Including current Year Revenue
144.29p Capital only (diluted for treasury shares)
148.00p Including current year income (diluted for treasury shares)
144.58p Capital only (diluted for subscription shares)
147.67p Including current year income (diluted for subscription shares)
Notes:
1. Investments have been valued on a bid price basis.
2. Following the recent Tender Offer and Bonus Issue of Subscription Shares,
the Company's issued share capital now consists of 74,116,108 Ordinary Shares
(excluding treasury shares), 7,400,000 shares held in treasury and 14,822,901
Subscription Shares.
3. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.
NET ASSET VALUE
THE EASTERN EUROPEAN TRUST PLC
The unaudited net asset value for The Eastern European Trust PLC at close of
business on 20 November 2009 was:
424.28c per share (US cents) - Including current year income
256.94p per share (pence sterling) - Including current year income
Notes:
1. Investments have been valued on a bid price basis.
2. Revenue items included in net asset value.
3. 10,000 ordinary shares were purchased on 18 November 2009, bringing the
total amount of ordinary shares held in treasury to 1,417,850. The total number
of ordinary shares in issue excluding treasury shares is 53,028,240.
END
