BHUE Blackrk Hdge Uk

BlackRock Hedge Selector Ltd - Estimated NAV

The Company's estimated NAV as at 24 December 2014 was as follows:-

UK Emerging Companies Shares GBP 1.35493

BlackRock (Channel Islands) Limited

Secretary

30 December 2014

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.