Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)-- Certain BlackRock closed-end funds (the "Funds") announced distributions today as detailed below. BlackRock S&P Quality Rankings Global Equity Managed Trust (NYSE MKT:BQY) announced a distribution reduction. This distribution reduction takes into account the current level of BQY's net assets and current and projected levels of dividend income, option premiums and volatility in the market.

* In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended, each of the Funds noted above posted to the DTC bulletin board and sent to their shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the "Closed-End Funds" section of www.blackrock.com. As applicable, the final determination of the source and tax characteristics of all distributions in 2013 will be made after the end of the year.

BlackRock Enhanced Government Fund, Inc. (NYS: EGF) , BlackRock Global Opportunities Equity Trust (NYS: BOE) , BlackRock S&P Quality Rankings Global Equity Managed Trust (NYSE MKT:BQY) and BlackRock Utility and Infrastructure Trust (NYS: BUI) (collectively, the "Plan Funds") have adopted a level distribution plan (a "Plan") and employ either a managed distribution or an option over-write policy to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Plan Fund's Board of Directors/Trustees. Under its Plan, each Plan Fund will distribute all available investment income to its shareholders, consistent with its primary investment objectives and as required by the Internal Revenue Code of 1986, as amended. If sufficient investment income is not available on a quarterly/monthly basis, each Plan Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution.

The Plan Funds' estimated sources of the distributions paid as of January 9, 2013 or November 30, 2012, as applicable, and for their current fiscal year are as follows:

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Estimated Allocations as of January 9, 2013
Plan Fund			Distribution			Net Investment Income			Net Realized Short-Term Gains			Net Realized Long-Term Gains			Return of Capital
EGF1			$0.065000			$0.029652 (46%)			$0 (0%)			$0 (0%)			$0.035348 (54%)
Estimated Allocations as of November 30, 2012
Plan Fund			Distribution			Net Investment Income			Net Realized Short-Term Gains			Net Realized Long-Term Gains			Return of Capital
BOE1			$0.311650			$0.024109 (8%)			$0 (0%)			$0 (0%)			$0.287541 (92%)
BQY1			$0.250000			$0.078451 (31%)			$0 (0%)			$0 (0%)			$0.171549 (69%)
BUI1			$0.362500			$0.113078 (31%)			$0.112849 (31%)			$0 (0%)			$0.136573 (38%)
Estimated Allocations for the fiscal year through January 9, 2013
Plan Fund			Distribution			Net Investment Income			Net Realized Short-Term Gains			Net Realized Long-Term Gains			Return of Capital
EGF1			$0.065000			$0.029652 (46%)			$0 (0%)			$0 (0%)			$0.035348 (54%)
Estimated Allocations for the fiscal year through November 30, 2012
Plan Fund			Distribution			Net Investment Income			Net Realized Short-Term Gains			Net Realized Long-Term Gains			Return of Capital
BOE1			$0.311650			$0.024109 (8%)

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