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Press Release

BlackRock California Municipal (NYSE: BFZ)

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www.blackrock.com

Jan 03, 2012 – DIVIDEND STOCK ANNOUNCEMENT: BlackRock California Municipal (NYSE: BFZ) today declared a dividend of $0.0757 per share

For Immediate Release

Boston, MA., Jan 03, 2012 – BlackRock California Municipal (NYSE: BFZ) today declared a dividend of $0.0757 per share payable on February 01, 2012 to shareholders of record as of January 13, 2012. Dividend amount recorded is an increase of $0.0736 from last dividend Paid

BlackRock California Municipal (NYSE: BFZ) has paid dividends since 2001 and has a current dividend yield of 5.9%.

BlackRock California Municipal’s current dividend information as per the date of this press release is:
Dividend Declaration Date: May-01-2012
Dividend Ex Date: May-11-2012
Dividend Record Date: May-15-2012
Dividend Payment Date: Jun-01-2012
Dividend Amount: 0.0777  

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