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BlackRock is one of the largest publicly traded investment management firms in the United States with approximately $453 billion of assets under management at December 31, 2005. BlackRock manages assets on behalf of institutional and individual investors worldwide through a variety of equity, fixed income, cash management and alternative investment products. In addition, BlackRock provides risk management, investment system outsourcing and financial advisory services to a growing number of institutional investors. Headquartered in New York City, the firm serves clients from offices in the U.S., Europe and Asia. BlackRock is majority owned by The PNC Financial Services Group, Inc. (NYSE:PNC) and by BlackRock employees. For additional information, please visit the Company's website at www.blackrock.com. /font>



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