BlackRock Hedge Selector Ltd - Estimated NAV The Company's estimated NAV as at 7 November 2014 was as follows:- UK Emerging Companies Shares GBP 1.29193 BlackRock (Channel Islands) Limited Secretary 11 November 2014 The Net Asset Value figures in this announcement are an estimate, and are based on unaudited estimated valuations. Estimated results, performance or achievements may differ materially from any actual results, performance or achievements. Except as required by applicable law, the Company expressly disclaims any obligations to update or revise such estimates to reflect any change in expectations, new information, subsequent events or otherwise.