BJZ Blackrock California Municipal 2018 Term Trust Blackrock California Municipal 2018 Term Trust (delisted)

The Boards of Trustees of BlackRock California Municipal 2018 Term Trust (NYSE:BJZ), BlackRock New York Municipal 2018 Term Trust (NYSE:BLH) and BlackRock Municipal 2018 Term Trust (NYSE:BPK) today announced the early declaration of regular monthly distributions for October, November and December 2014 and BJZ, BLH, and BPK announced the declaration of special tax-exempt distributions. The applicable dates and amounts are detailed below.

Early Declaration of Regular Monthly Distributions:

    Dates: October 2014 Distribution: Declaration – 9/8/14 Ex-Date – 10/10/14 Record Date – 10/15/14 Payable Date – 11/3/14   November 2014 Distribution: Declaration – 9/8/14 Ex-Date – 11/12/14 Record Date – 11/14/14 Payable Date – 12/1/14   December 2014 Distribution: Declaration – 9/8/14 Ex-Date – 12/10/14 Record Date – 12/12/14 Payable Date – 12/31/14             Fund   Ticker   Monthly Distribution BlackRock California Municipal 2018 Term Trust   BJZ   $0.042500 BlackRock New York Municipal 2018 Term Trust   BLH   $0.027800 BlackRock Municipal 2018 Term Trust   BPK   $0.053500    

Declaration of Special Tax-Exempt Distributions:

    Dates: Declaration – 9/8/14 Ex-Date – 12/10/14 Record Date – 12/12/14 Payable Date – 12/31/14             Fund   Ticker  

Special Tax-ExemptDistribution

BlackRock California Municipal 2018 Term Trust   BJZ   $0.010600 BlackRock New York Municipal 2018 Term Trust   BLH   $0.005500 BlackRock Municipal 2018 Term Trust   BPK   $0.013200    

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Forward-Looking Statements

This press release, and other statements that BlackRock or the Funds may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Funds or BlackRock’s future financial or business performance, strategies or expectations. 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 BlackRock assumes no duty to and does not undertake 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 the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions.

Annual and Semi-Annual Reports and other regulatory filings of a Fund with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release.

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