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Press release from Business Wire

BlackRock Declares Quarterly Dividend of $1.50 on Common Stock

Thursday, May 24, 2012

BlackRock Declares Quarterly Dividend of $1.50 on Common Stock14:50 EDT Thursday, May 24, 2012 NEW YORK (Business Wire) -- BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $1.50 per share of common stock, payable June 25, 2012 to shareholders of record at the close of business on June 7, 2012. About BlackRock BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At March 31, 2012, BlackRock's AUM was $3.684 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®(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®. Headquartered in New York City, as of March 31, 2012, the firm has approximately 9,900 employees in 27 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. BlackRock, Inc.Media RelationsLauren Trengrove, 212-810-3665lauren.trengrove@blackrock.comorInvestor RelationsEllen Taylor, 212-810-3815ellen.taylor@blackrock.com