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BlackRock
Global Equity Income Trust, BlackRock World Investment Trust and BlackRock
Global Opportunities Equity Trust Announce Adjournment of Meeting for Proposed
Reorganization
New
York, May 5, 2009 – BlackRock Advisors, LLC announced today that the joint
special meeting of shareholders of BlackRock Global Equity Income Trust
(NYSE:BFD), BlackRock World Investment Trust (NYSE:BWC) and BlackRock Global
Opportunities Equity Trust (NYSE:BOE) was held today and has been adjourned upon
shareholder motion until June 2, 2009.
The
special meeting was adjourned to allow additional time to further solicit votes
in connection with the proposed reorganization of each of BFD and BWC into BOE,
with BOE being the surviving fund, as outlined in the Notice of Joint Special
Meeting of Shareholders previously mailed to shareholders. The reconvened
special meeting of shareholders will be held at 800 Scudders Mill Road,
Plainsboro, New Jersey at 9:00 a.m. on June 2, 2009.
About
BlackRock
BlackRock
is one of the world’s largest publicly traded investment management firms. At
March 31, 2009, BlackRock’s assets under management were $1.283 trillion. The
firm manages assets on behalf of institutions and individuals worldwide through
a variety of equity, fixed income, cash management and alternative investment
products. In addition, a growing number of institutional investors use BlackRock
Solutions investment system, risk management and financial advisory services.
Headquartered in New York City, as of March 31, 2009, the firm has approximately
5,200 employees in 21 countries and a major presence in key global markets,
including the U.S., Europe, Asia, Australia and the Middle East. For additional
information, please visit the firm’s web site at www.blackrock.com.
Forward-Looking
Statements
This
press release, and other statements that BlackRock or BFD, BWC or BOE (the
“Funds”) may make, may contain certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act, with respect to the
future financial or business performance, strategies or expectations of
BlackRock or the Funds. Forward-looking statements are typically
identified by words or phrases such as “trend,” “potential,” “opportunity,”
“pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,”
“intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,”
“maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or
conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar
expressions.
BlackRock
cautions that forward-looking statements are subject to numerous assumptions,
risks and uncertainties, which change over time. Forward-looking
statements speak only as of the date they are made, and neither BlackRock nor
any of the Funds assumes a duty to or undertakes to update forward-looking
statements. Actual results could differ materially from those
anticipated in forward-looking statements and future results could differ
materially from historical performance.
With
respect to each Fund, the following factors, among others, could cause actual
events to differ materially from forward-looking statements or historical
performance: (1) changes in political, economic or industry conditions, the
interest rate environment or financial and capital markets, which could result
in changes in the Fund’s net asset value; (2) the performance of the Fund’s
investments; (3) the impact of increased competition; (4) the extent and timing
of any distributions or share repurchases; (5) the impact of legislative and
regulatory actions and reforms and regulatory, supervisory or enforcement
actions of government agencies relating to the Funds or BlackRock, as
applicable; and (6) BlackRock’s ability to attract and retain highly talented
professionals.
The
Annual and Semi-Annual Reports and other regulatory filings of the BlackRock
Closed-End Funds with the SEC are accessible on the SEC's web site at www.sec.gov and on BlackRock’s
web site at www.blackrock.com, and may
discuss these or other factors that affect the Closed-End Funds. The information
contained on our web site is not a part of this press release.
The
Joint Proxy Statement/Prospectus relating to the proposed reorganization
contains important information and shareholders are urged to read it. Free
copies of the Joint Proxy Statement/Prospectus are available by
calling BlackRock at (800) 882-0052 or on the SEC's web site at www.sec.gov.
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