BlackRock Hedge Selector Ltd
("the Company")
Completion of the December 2012
Share Conversion between Share Classes
The conversion requests received in respect of the December 2012 Share Conversion Date for UK
Emerging Companies Shares to be converted into Cash Fund Shares are
set out below:
Conversion notices submitted and processed: 2,675,000
Shares to be converted from: UK Emerging Companies Shares
Total shares to be converted: 2,675,000
Total Cash Fund Shares to be issued: 3,435,588
Conversion Ratio
The Conversion Calculation Date was 31
December 2012. On the basis of the net asset values of the
Company's Shares as at 31 December
2012 after factoring in the costs of conversion, the
conversion ratio, calculated in accordance with the Company's
Articles of Association, is as follows:
1.284332 Cash Fund Shares for 1 UK Emerging Companies Share.
Subject to listing, shareholder CREST accounts for those
shareholders for whom conversion requests have been received will
be credited with new shares on 11 January
2013.
The Company has made an application to admit 3,435,588 Cash Fund
Shares to the official list of the UK Listing Authority and to
trading on the London Stock Exchange on 11
January 2013.
All enquiries:
I Webster
For BlackRock (Channel Islands) Limited
Secretary
7 January 2013