BRFC Blackrock Fronc

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):   

            BlackRock Frontiers Investment Trust PLC

(2). Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights: (X)

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: ( )

An event changing the breakdown of voting rights: (X)

Other (please specify): ( )

(3). Full name of person(s) subject to the notification obligation (iii):

            BlackRock, Inc.

(4). Full name of shareholder(s) (if different from 3.) (iv):

(5). Date of the transaction and date on which the threshold is crossed or reached (v):

            29 February 2016

(6). Date on which issuer notified:

            2 March 2016

(7). Threshold(s) that is/are crossed or reached:

Total holding for BlackRock, Inc. has gone above 19%, 20%, 21%, 22%, 23%

Voting rights attached to shares holding for BlackRock, Inc. has gone above 19%, 20%, 21%, 22%, 23%

Total holding for BlackRock Investment Management (UK) Limited has gone above 18%, 19%, 20%, 21%

Voting rights attached to shares holding for BlackRock Investment Management (UK) Limited has gone above 18%, 19%, 20%, 21%      

(8). Notified details:

A: Voting rights attached to shares (viii, ix)

Class/type of shares (if possible using the ISIN code):  Ordinary Shares: GB00B3SXM832

Situation previous to the triggering transaction:
     Number of Shares: 28,437,651
     Number of Voting rights: 28,437,651

Resulting situation after the triggering transaction:
     Number of shares: 
          Direct: N/A
     Number of voting rights:
          Direct (xi): N/A
          Indirect (xii): 28,353,116

% of voting rights (x):
     Direct:  N/A
     Indirect:  17.11%

Class/type of shares (if possible using the ISIN code):  C Shares: GB00BZ4T7848

Situation previous to the triggering transaction:
     Number of Shares: N/A
     Number of Voting rights: N/A

Resulting situation after the triggering transaction:
     Number of shares: 
          Direct: N/A
     Number of voting rights:
          Direct (xi): N/A
          Indirect (xii): 9,850,000

% of voting rights (x):
     Direct:  N/A
     Indirect:  5.94%

B. Qualifying Financial Instruments

Resulting situation after the triggering transaction:

Type of financial instrument:  Securities Lending

Expiration date (xiii): 

Exercise/Conversion Period (xiv): 

Number of voting rights that may be acquired if the instrument is exercised/converted:  86,184

% of voting rights:  0.05%

C. Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction:

Type of financial instrument:

Exercise price:

Expiration date (xvii):

Exercise/Conversion period (xviii):

Number of voting rights instrument refers to:

% of voting rights (xix, xx):

Nominal:

Delta:

Total (A + B + C):

Number of voting rights: 38,289,300

% of voting rights: 23.11%

(9). Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi): See Annex

Proxy Voting:

(10). Name of the proxy holder:

            N/A

(11). Number of voting rights proxy holder will cease to hold:

            N/A

(12). Date on which proxy holder will cease to hold voting rights:

            N/A

(13). Additional information:

            BlackRock Regulatory Threshold Reporting Team

(14). Contact name:

            Ms S Beynsberger
            For BlackRock Investment Management (UK) Limited
            Company Secretary

(15). Contact telephone number:

            020 7743 2639


02 March 2016