BlackRock Municipal 2020 Term Trust News

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

Certain BlackRock closed-end funds announced distributions today as detailed below.

BlackRock Closed-End Funds Announce Appointment of New Director/Trustee

The BlackRock registered closed-end funds announced today that Mr. John F. Powers has been appointed by the Board of Directors/Trustee

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

Certain BlackRock closed-end funds announced distributions today as detailed below.

Early Declaration of Regular Distributions Announced for BlackRock Municipal 2020 Term Trust

BlackRock Municipal 2020 Term Trust today declared monthly distributions for February, March and April 2012. The applicable dates and amounts are detailed be

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

Certain BlackRock closed-end funds announced distributions and special distributions today as detailed below.

Revised Ex-Dividend Date Announced for Certain BlackRock Closed-End Funds

Certain BlackRock closed-end funds today announced revised ex-dividend dates for the Funds’ November 2011 distributions, as previously announced on November 1, 2011. Each Fund’s previously announced ex-dividend date has been modified due to settlement requirements coinciding with the Veteran’s Day holiday.

Updated Quarter-End Portfolio Data Now Available for BlackRock Tax-Exempt Closed-End Funds

BlackRock Advisors, LLC today announced that quarter-end portfolio data for BlackRock’s tax-exempt closed-end funds , as of September 30, 2011, is now available to the public on BlackRock’s website at www.blackrock.com.

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

Certain BlackRock closed-end funds announced distributions today as detailed below. Several of the Funds announced dividend increases. These dividend increases take into account each Fund’s earnings potential in light of the current market environment and the Fund’s leverage and asset levels.

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

Certain BlackRock closed-end funds announced distributions today as detailed below.

BlackRock Closed-End Funds Provide Update Regarding Intention to Redeem Outstanding Auction Rate Preferred Shares

BlackRock Advisors, LLC and the Boards of Directors/Trustees of the BlackRock Closed-End Funds today announced that, for each of the BlackRock closed-end funds with auction rate preferred shares outstanding , BlackRock, with the approval of and subject to the guidance of the Boards, is currently in active negotiations with various liquidity providers regarding the prospective issuance of alternative financings, including alternative preferred stock structures like variable rate demand preferred shares and variable municipal term preferred shares and the expanded use of tender option bonds , in order to provide liquidity to holders of ARPS issued by the Funds.

Updated Quarter-End Portfolio Data Now Available for Certain BlackRock Closed-End Funds

BlackRock Advisors, LLC today announced that quarter-end portfolio data for BlackRock municipal and equity closed-end funds , as of March 31, 2011, is now available to the public on BlackRock’s website at www.blackrock.com.

BlackRock Closed-End Funds Receive Private Letter Ruling Regarding VRDP

BlackRock Advisors, LLC today announced that 44 of its tax-exempt closed-end funds received a private letter ruling from the Internal Revenue Service. The PLR received by the Funds concludes that Variable Rate Demand Preferred Shares issued by a Fund, as applicable, would be treated as equity for federal income tax purposes, making it possible for the Funds to designate dividends paid to holders of VRDP as tax-exempt income.

BLACKROCK MUNICIPAL 2020 TERM TRUST Files SEC form 8-K, Regulation FD Disclosure

BLACKROCK MUNICIPAL 2020 TERM TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits