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Press release from Business Wire

BlackRock Declares Quarterly Dividend of $1.50 on Common Stock

Thursday, July 26, 2012

BlackRock Declares Quarterly Dividend of $1.50 on Common Stock16:00 EDT Thursday, July 26, 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 September 24, 2012 to shareholders of record at the close of business on September 4, 2012. About BlackRock BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At June 30, 2012, BlackRock's AUM was $3.560 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 June 30, 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 BlackRock, Inc.Media RelationsLauren Trengrove, 212-810-3665lauren.trengrove@blackrock.comorInvestor RelationsEllen Taylor,