CORRECTION FROM SOURCE: BlackRock Announces May Monthly Cash Distributions for the iShares(R) Funds

TORONTO, ONTARIO--(Marketwire - May 18, 2011) -

The following corrects and replaces the release issued at 9:28 am ET today. The position of the fund names iShares J.P. Morgan USD Emerging Markets Bond Index Fund (CAD-Hedged) and iShares S&P/TSX Equity Income Index Fund have been reversed in the listing in the release. The complete and corrected release follows.

(TSX:XBB)(TSX:XCB)(TSX:XDV)(TSX:XEB)(TSX:XEI)(TSX:XFN)(TSX:XGB)(TSX:XHY)(TSX:XIG)(TSX:XLB)(TSX:XRE)(TSX:XSB)(TSX:XTR)(TSX:XHB)(TSX:XPF)(TSX:XUT)

BlackRock Asset Management Canada Limited, an indirect, wholly owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the May 2011 cash distributions for the sixteen iShares funds listed on the Toronto Stock Exchange which pay on a monthly basis. Unitholders of record on May 30, 2011 will receive cash distributions payable on May 31, 2011. Details of the "per unit" distribution amounts are as follows:

/T/

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Cash

Distribution

Fund Name Fund Ticker Per Unit ($)

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iShares DEX Universe Bond Index Fund XBB 0.09377

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iShares DEX All Corporate Bond Index Fund XCB 0.07515

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iShares Dow Jones Canada Select Dividend Index

Fund XDV 0.04628

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iShares J.P. Morgan USD Emerging Markets Bond

Index Fund (CAD-Hedged) XEB 0.06926

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iShares S&P/TSX Equity Income Index Fund XEI 0.05073

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iShares S&P(R)/TSX(R) Capped Financials Index

Fund XFN 0.06520

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iShares DEX All Government Bond Index Fund XGB 0.05699

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iShares U.S. High Yield Bond Index Fund (CAD-

Hedged) XHY 0.12776

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iShares U.S. IG Corporate Bond Index Fund

(CAD-Hedged) XIG 0.07641

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iShares DEX Long Term Bond Index Fund XLB 0.07408

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iShares S&P/TSX Capped REIT Index Fund XRE 0.06133

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iShares DEX Short Term Bond Index Fund XSB 0.07828

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iShares Diversified Monthly Income Fund XTR 0.06000

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iShares DEX HYBrid Bond Index Fund XHB 0.08495

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iShares S&P/TSX North American Preferred Stock

Index Fund (CAD-Hedged) XPF 0.06414

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iShares S&P/TSX Capped Utilities Sector Fund XUT 0.06555

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/T/

Further information on iShares funds can be found at www.iShares.ca.

About BlackRock(R)

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At December 31, 2010, BlackRock's AUM was US$3.561 trillion. BlackRock offers products that span the risk spectrum to meet clients' needs, including active, enhanced and index strategies across markets and asset classes. Products are offered in a variety of structures including separate accounts, mutual funds, iShares(R) (exchange traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions(TM). Headquartered in New York City, as of December 31, 2010, the firm has approximately 9,100 employees in 25 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company's website at www.blackrock.com.

About iShares(R) ETFs

The iShares business is a global product leader in ETFs with over 410 funds globally across equities, fixed income and commodities, which trade on 16 exchanges worldwide. The iShares funds are bought and sold like common stocks on securities exchanges. The iShares funds are attractive to many individual and institutional investors and financial intermediaries because of their relative low cost, tax efficiency and trading flexibility. Investors can purchase and sell securities through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account. The iShares customer base consists of the institutional segment of pension plans and fund managers, as well as the retail segment of financial advisors.

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