TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
(1). Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):
BlackRock Frontiers Investment Trust plc
(2). Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights: ( )
An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )
An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify) : ( X ) This disclosure is due to a change in our voting
control over the assets we manage on behalf of a client which has resulted in
the client retaining the voting control over their assets.
(3). Full name of person(s) subject to the notification obligation (iii):
BlackRock, Inc.
(4). Full name of shareholder(s) (if different from 3.) (iv):
N/A
(5). Date of the transaction and date on which the threshold is crossed or
reached (v):
2 January 2014
(6). Date on which issuer notified:
6 January 2014 (received after close of business)
(7). Threshold(s) that is/are crossed or reached:
Holding has gone below 23% and 22%
(8). Notified details:
A: Voting rights attached to shares (viii, ix)
Class/type of shares (if possible using the ISIN code): Ordinary Shares:
GB00B3SXM832
Situation previous to the triggering transaction:
Number of Shares: 35,462,285
Number of Voting rights: 35,462,285
Resulting situation after the triggering transaction:
Number of shares:
Direct: N/A
Number of voting rights:
Direct (xi): N/A
Indirect (xii): 32,222,956
% of voting rights (x):
Direct: N/A
Indirect: 21.39%
B. Qualifying Financial Instruments
Resulting situation after the triggering transaction:
Type of financial instrument:
Expiration date (xiii):
Exercise/Conversion Period (xiv):
Number of voting rights that may be acquired if the instrument is exercised/
converted:
% of voting rights:
C. Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction:
Type of financial instrument:
Exercise price:
Expiration date (xvii):
Exercise/Conversion period (xviii):
Number of voting rights instrument refers to:
% of voting rights (xix, xx):
Nominal:
Delta:
Total (A + B + C):
Number of voting rights: 32,222,956
% of voting rights: 21.39%
(9). Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xxi):
BlackRock Investment Management (UK) Limited - 32,222,956 (21.39%)
Proxy Voting:
(10). Name of the proxy holder:
N/A
(11). Number of voting rights proxy holder will cease to hold:
N/A
(12). Date on which proxy holder will cease to hold voting rights:
N/A
(13). Additional information:
N/A
(14). Contact name:
Ms S Beynsberger
For BlackRock Investment Management (UK) Limited
Company Secretary
(15). Contact telephone number:
020 7743 2639
7 January 2014