FRB Blackrock Floating Rate Income Strategies Fund II, Inc.

The BlackRock closed-end funds listed below (the �Funds�) announced today their dividend dates and distributions.

Details are as follows:

Municipal Funds:

Declaration- 5/1/2009 ��Ex-Date- 5/13/2009 ��Record- 5/15/2009 ��Payable- 6/1/2009

� � � National Funds Ticker Dividend

Change FromPrior Dividend

� BlackRock Apex Municipal Fund, Inc. APX $ 0.046500 - BlackRock Insured Municipal Income Trust BYM $ 0.061000 - BlackRock Insured Municipal Income Investment Trust BAF $ 0.058000 - BlackRock Insured Municipal Term Trust, Inc. BMT $ 0.030417 - BlackRock Investment Quality Municipal Income Trust RFA $ 0.044500 - BlackRock Long-Term Municipal Advantage Trust BTA $ 0.055000 - BlackRock Muni Intermediate Duration Fund, Inc. MUI $ 0.058000 - BlackRock MuniAssets Fund, Inc. MUA $ 0.067500 - BlackRock Municipal 2020 Term Trust BKK $ 0.062250 - BlackRock Municipal 2018 Term Trust BPK $ 0.075500 - BlackRock Municipal Bond Trust BBK $ 0.072500 - BlackRock Municipal Bond Investment Trust BIE $ 0.068800 - BlackRock Municipal Income Trust BFK $ 0.068600 - BlackRock Municipal Income Trust II BLE $ 0.066000 - BlackRock Municipal Income Investment Trust BBF $ 0.072875 - BlackRock MuniEnhanced Fund, Inc. MEN $ 0.043000 - BlackRock MuniHoldings Fund II, Inc. MUH $ 0.063000 - BlackRock MuniHoldings Fund, Inc. MHD $ 0.071000 - BlackRock MuniHoldings Insured Fund II, Inc. MUE $ 0.050000 - BlackRock MuniHoldings Insured Fund, Inc. MUS $ 0.048500 - BlackRock MuniHoldings Insured Investment Fund MFL $ 0.055500 - BlackRock MuniVest Fund II, Inc. MVT $ 0.071000 - BlackRock MuniVest Fund, Inc. MVF $ 0.043000 - BlackRock MuniYield Fund, Inc. MYD $ 0.064000 - BlackRock MuniYield Insured Fund, Inc. MYI $ 0.056000 - BlackRock MuniYield Insured Investment Fund MFT $ 0.053500 - BlackRock MuniYield Investment Fund MYF $ 0.058000 - BlackRock MuniYield Quality Fund II, Inc. MQT $ 0.050000 - BlackRock MuniYield Quality Fund, Inc. MQY $ 0.057000 - The BlackRock Investment Quality Municipal Trust, Inc. BKN $ 0.063000 - The BlackRock Strategic Municipal Trust BSD $ 0.062500 - � State-Specific Funds Ticker Dividend

Change From

Prior Dividend

� BlackRock California Insured Municipal Income Trust BCK $ 0.056000 - BlackRock California Municipal 2018 Term Trust BJZ $ 0.061250 - BlackRock California Municipal Bond Trust BZA $ 0.062000 - BlackRock California Municipal Income Trust BFZ $ 0.068200 - BlackRock California Municipal Income Trust II BCL $ 0.057000 - BlackRock MuniHoldings California Insured Fund, Inc. MUC $ 0.053000 - BlackRock MuniYield California Fund, Inc. MYC $ 0.055000 - BlackRock MuniYield California Insured Fund, Inc. MCA $ 0.053500 - The BlackRock California Investment Quality Municipal Trust, Inc. RAA $ 0.046500 - BlackRock Florida Municipal 2020 Term Trust, Inc. BFO $ 0.051000 - BlackRock Maryland Municipal Bond Trust BZM $ 0.065400 - BlackRock Muni New York Intermediate Duration Fund, Inc. MNE $ 0.053000 - BlackRock MuniHoldings New York Insured Fund, Inc. MHN $ 0.053000 - BlackRock MuniYield New York Insured Fund, Inc. MYN $ 0.052500 - BlackRock New York Insured Municipal Income Trust BSE $ 0.058000 - BlackRock New York Municipal 2018 Term Trust, Inc. BLH $ 0.068750 - BlackRock New York Municipal Bond Trust BQH $ 0.068000 - BlackRock New York Municipal Income Trust BNY $ 0.075339 - BlackRock New York Municipal Income Trust II BFY $ 0.062500 - The BlackRock New York Investment Quality Municipal Trust, Inc. RNY $ 0.058200 - BlackRock MuniHoldings New Jersey Insured Fund, Inc. MUJ $ 0.053000 - BlackRock MuniYield New Jersey Fund, Inc. MYJ $ 0.058000 - BlackRock MuniYield New Jersey Insured Fund, Inc. MJI $ 0.054000 - BlackRock New Jersey Municipal Bond Trust BLJ $ 0.070500 - BlackRock New Jersey Municipal Income Trust BNJ $ 0.077600 - The BlackRock New Jersey Investment Quality Municipal Trust, Inc. RNJ $ 0.051400 - BlackRock MuniYield Arizona Fund, Inc. MZA $ 0.057000 - BlackRock MuniYield Michigan Insured Fund II, Inc. MYM $ 0.054000 - BlackRock MuniYield Michigan Insured Fund, Inc. MIY $ 0.054000 - BlackRock MuniYield Pennsylvania Insured Fund MPA $ 0.053000 - The BlackRock Pennsylvania Strategic Municipal Trust BPS $ 0.045000 - BlackRock Virginia Municipal Bond Trust BHV $ 0.072428 - Massachusetts Health & Education Tax-Exempt Trust MHE $ 0.049000 - � � �

Taxable Funds:

Declaration- 5/1/2009 ��Ex-Date- 5/13/2009 ��Record- 5/15/2009 ��Payable- 5/29/2009

� Fund Ticker Dividend

Change FromPrior Dividend

� BlackRock Senior High Income Fund, Inc. ARK $ 0.025000 - BlackRock Floating Rate Income Trust* BGT $ 0.100000 - BlackRock Strategic Bond Trust* BHD $ 0.069500 - BlackRock Core Bond Trust BHK $ 0.062000 - BlackRock Defined Opportunity Credit Trust* BHL $ 0.082500 - The BlackRock High Yield Trust BHY $ 0.043500 - The BlackRock Income Trust, Inc. BKT $ 0.024000 - BlackRock Limited Duration Income Trust BLW $ 0.090000 - BlackRock Income Opportunity Trust, Inc. BNA $ 0.051000 - BlackRock Preferred Opportunity Trust* BPP $ 0.105000 - BlackRock Preferred and Equity Advantage Trust* BTZ $ 0.130000 - BlackRock Corporate High Yield Fund, Inc. COY $ 0.061000 - BlackRock Corporate High Yield Fund III, Inc. CYE $ 0.060000 - BlackRock Debt Strategies Fund, Inc. DSU $ 0.035500 - BlackRock Diversified Income Strategies Fund, Inc.* DVF $ 0.115000 - BlackRock Enhanced Government Fund, Inc. EGF $ 0.105000 - BlackRock Floating Rate Income Strategies Fund, Inc.* FRA $ 0.104835 - BlackRock Floating Rate Income Strategies Fund II, Inc. FRB $ 0.103350 - BlackRock High Income Shares HIS $ 0.018200 - BlackRock Corporate High Yield Fund VI, Inc. HYT $ 0.100000 - BlackRock Corporate High Yield Fund V, Inc. HYV $ 0.100000 - BlackRock Preferred and Corporate Income Strategies Fund, Inc.* PSW $ 0.080800 - BlackRock Preferred Income Strategies Fund, Inc.* PSY $ 0.094583 - � � �

Equity Funds:

Declaration- 5/1/2009 ��Ex-Date- 5/13/2009 ��Record- 5/15/2009 ��Payable- 5/29/2009

� Fund Ticker Dividend

Change FromPrior

Dividend

� BlackRock Global Equity Income Trust* BFD $0.475000 - BlackRock Global Opportunities Equity Trust* BOE $0.568750 - BlackRock S&P Quality Rankings Global Equity Managed Trust* BQY $0.187500 -

*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 as of the applicable record date a Section 19 notice with the�previous dividend payment.�The Section 19 notice was provided not for tax reporting purposes but for informational purposes only. This information can be found in the �Closed-End Funds� section of www.blackrock.com. If applicable, the final determination of the source and tax characteristics of all distributions in 2009 will be made after the end of the year.

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 may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to 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 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 Fund 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 Funds with the 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 our website is not a part of this press release.