BHCF Blackrk Hdge Fd

This announcement replaces the one submitted on 9 November. We have changed the Cash Fund Shares figure to 1.00002. All other data remains the same.

BlackRock Hedge Selector Ltd - Estimated NAV

The Company's estimated NAV as at 31 October 2012 was as follows:-

UK Emerging Companies Shares GBP 1.26872

Cash Fund Shares GBP 1.00002

BlackRock (Channel Islands) Limited
Secretary

12 November 2012

The Net Asset Value figures in this announcement are an estimate, and are based on unaudited estimated valuations. 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.