(TSX:XAL)(TSX:XBB)(TSX:XBZ)(TSX:XCB)(TSX:XCG)(TSX:XCH)(TSX:XCR)(TSX:XCS)(TSX:XCV)(TSX:XDV)(TSX:XEG)(TSX:XEM)(TSX:XEN)(TSX:XFN)(TSX:XGB)(TSX:XGC)(TSX:XGD)(TSX:XGR)(TSX:XHB)(TSX:XHY)(TSX:XIC)(TSX:XID)(TSX:XIG)(TSX:XIN)(TSX:XIT)(TSX:XIU)(TSX:XLA)(TSX:XLB)(TSX:XMA)(TSX:XMD)(TSX:XRB)(TSX:XRE)(TSX:XSB)(TSX:XSP)(TSX:XSU)(TSX:XTR)(TSX:XWD)


BlackRock Asset Management Canada Limited, an indirect, wholly-owned subsidiary
of BlackRock, Inc., announces today the estimated annual capital gains
distributions for the iShares Funds for the 2010 tax year. Please note that
these are estimated amounts only as of November 5, 2010 and include
forward-looking information which may cause the estimates to change before the
Funds' December 15 tax year-end. These estimates are for the year-end capital
gains distributions only, which are typically reinvested rather than paid in
cash, and do not include estimates of ongoing monthly, quarterly, or semi-annual
cash distribution amounts. 


We expect to announce the final year-end distribution amounts, as well as the
monthly, quarterly, and semi-annual cash distribution amounts, on or about
December 17. The ex-dividend date for the 2010 annual distributions will be
December 24. The record date for the 2010 annual distributions will be December
30. The distributions will be paid/reinvested on December 31. The actual taxable
amounts of reinvested and cash distributions for 2010, including the tax
characteristics of the distributions, will be reported to brokers (through CDS)
in early 2011. 




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                  Estimated annual    Net asset value      Estimated annual 
                  capital gain per  (NAV) per unit at  capital gain as % of 
Ticker Symbol  unit to Nov 5, 2010        Nov 5, 2010    NAV at Nov 5, 2010 
----------------------------------------------------------------------------
XAL                        0.58140           25.84910                  2.25%
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XBB                        0.00480           30.24947                  0.02%
----------------------------------------------------------------------------
XBZ                              -           22.40272                  0.00%
----------------------------------------------------------------------------
XCB                        0.25968           20.81168                  1.25%
----------------------------------------------------------------------------
XCG                              -           24.18493                  0.00%
----------------------------------------------------------------------------
XCH                              -           23.13985                  0.00%
----------------------------------------------------------------------------
XCR                        0.54932           22.84191                  2.40%
----------------------------------------------------------------------------
XCS                        0.81299           17.39162                  4.67%
----------------------------------------------------------------------------
XCV                        0.10582           20.20261                  0.52%
----------------------------------------------------------------------------
XDV                              -           20.42482                  0.00%
----------------------------------------------------------------------------
XEG                              -           18.91591                  0.00%
----------------------------------------------------------------------------
XEM                        0.00218           27.40925                  0.01%
----------------------------------------------------------------------------
XEN                              -           17.76657                  0.00%
----------------------------------------------------------------------------
XFN                        0.17818           22.89998                  0.78%
----------------------------------------------------------------------------
XGB                        0.05419           20.98225                  0.26%
----------------------------------------------------------------------------
XGC                        0.18601           24.74516                  0.75%
----------------------------------------------------------------------------
XGD                        0.57377           25.77221                  2.23%
----------------------------------------------------------------------------
XGR                        0.47683           24.42215                  1.95%
----------------------------------------------------------------------------
XHB                        0.00005           20.26151                  0.00%
----------------------------------------------------------------------------
XHY                        0.02763           20.99554                  0.13%
----------------------------------------------------------------------------
XIC                              -           20.38509                  0.00%
----------------------------------------------------------------------------
XID                              -           25.42665                  0.00%
----------------------------------------------------------------------------
XIG                        0.31805           21.42439                  1.48%
----------------------------------------------------------------------------
XIN                              -           18.27699                  0.00%
----------------------------------------------------------------------------
XIT                              -            7.07897                  0.00%
----------------------------------------------------------------------------
XIU                              -           18.59696                  0.00%
----------------------------------------------------------------------------
XLA                              -           23.36172                  0.00%
----------------------------------------------------------------------------
XLB                              -           20.90922                  0.00%
----------------------------------------------------------------------------
XMA                              -           22.84557                  0.00%
----------------------------------------------------------------------------
XMD                              -           22.24845                  0.00%
----------------------------------------------------------------------------
XRB                        0.08265           22.11463                  0.37%
----------------------------------------------------------------------------
XRE                        0.40131           14.03577                  2.86%
----------------------------------------------------------------------------
XSB                              -           29.15965                  0.00%
----------------------------------------------------------------------------
XSP                        0.30294           14.07637                  2.15%
----------------------------------------------------------------------------
XSU                              -           16.03946                  0.00%
----------------------------------------------------------------------------
XTR                              -           12.18222                  0.00%
----------------------------------------------------------------------------
XWD                        0.00636           23.47915                  0.03%
----------------------------------------------------------------------------
----------------------------------------------------------------------------



Reasons for some of the larger estimated capital gains distributions

XAL

The iShares Alternatives Completion Portfolio Builder Fund ("XAL") experienced
capital gains in 2010 due mostly to realized gains on investments in ETFs which
provide exposure to property and infrastructure. XAL also realized capital gains
on forward contracts used to hedge currency exposure to the U.S. dollar. XAL's
portfolio is generally rebalanced on a quarterly basis.


XCR

The iShares Conservative Core Portfolio Builder Fund ("XCR") experienced capital
gains in 2010 due mostly to realized gains on investments in ETFs which provide
exposure to Canadian equities and property. XCR also realized capital gains on
forward contracts used to hedge currency exposure to the U.S. dollar. XCR's
portfolio is generally rebalanced on a quarterly basis.


XCS

The iShares S&P(R)/TSX(R) SmallCap Index Fund ("XCS") experienced capital gains
in 2010 due mostly to turnover that resulted from the September 2010 annual
index reconstitution of the S&P/TSX SmallCap Index. The index experienced
one-way turnover of over 30% during that review, and 41 securities were deleted
from the index. XCS's disposition of these securities resulted in realized
capital gains.


XGD

The iShares S&P/TSX Global Gold Index Fund ("XGD") experienced capital gains in
2010 due mostly to the acquisition, and subsequent deletion from XGD's benchmark
index, of LIHIR Gold Ltd., as well as the various rebalances for the fund. XGD's
disposition of LIHIR Gold Ltd., as well as sales of other securities during the
quarterly rebalances of the index, resulted in realized capital gains.


XRE

The iShares S&P/TSX Capped REIT Index Fund ("XRE") experienced capital gains in
2010 due mostly to the funding trades for the addition of Artis REIT and Allied
Properties REIT to the S&P/TSX Capped REIT Index during its September quarterly
index review. XRE sold various securities in order to fund the purchase of these
additional securities, which resulted in realized capital gains.


XSP

The iShares S&P 500 Index Fund (CAD-Hedged) ("XSP") experienced capital gains in
2010 due mostly to realized gains on forward contracts used to hedge currency
exposure to the U.S. dollar.


Forward-looking information 

This notice contains forward-looking statements with respect to the estimated
annual distributions for the iShares Funds. By their nature, these
forward-looking statements involve risks and uncertainties that could cause the
actual distributions to differ materially from those contemplated by the
forward-looking statements. Material factors that could cause the actual
distributions to differ from the estimated distributions between now and
December 15 (the iShares Funds' tax year ends), include, but are not limited to:
the actual amounts of distributions received by the iShares Funds; the actual
amounts of capital gains generated from sales of securities; trading activity
within the iShares Funds, including buying and selling of securities; index
changes which cause rebalancing within the iShares Funds; and subscription and
redemption activity.


About BlackRock

BlackRock is a leader in investment management, risk management and advisory
services for institutional and retail clients worldwide. At September 30, 2010,
BlackRock's AUM was US $3.446 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 September 30, 2010, the firm has approximately 8,900 employees
in 24 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 ETFs

The iShares business is the 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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