TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1). Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):

BlackRock North American Income Trust plc

(2). Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights: ()

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : (X) Disclosure of revised position following the sale
of Scottish Widows Investment Partnership Limited to Aberdeen Asset Management
PLC on 31 March 2014

(3). Full name of person(s) subject to the notification obligation (iii):

Lloyds Banking Group plc

(4). Full name of shareholder(s) (if different from 3.) (iv):

See section 9

(5). Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

31 March 2014

(6). Date on which issuer notified:

2 April 2014

(7). Threshold(s) that is/are crossed or reached:

Indirect holdings decreased to below 1%

(8). Notified details:

A: Voting rights attached to shares

Class/type of shares (if possible using the ISIN code): Ord/GB00B7W0XJ61

Situation previous to the triggering transaction(vi):
Number of Shares: 4,188,300
Number of Voting rights(viii): 4,188,300

Resulting situation after the triggering transaction(vii):
Number of shares:
DIRECT: N/A - below reportable threshold
Number of voting rights (ix):
Direct (x): N/A - below reportable threshold
Indirect (xi): N/A - below reportable threshold

% of voting rights:
Direct:
Indirect: N/A - below reportable threshold

B. Financial Instruments

Resulting situation after the triggering transaction (xii):

Type of financial instrument: N/A

Expiration date (xiii):

Exercise/Conversion Period/Date (xiv):

Number of voting rights that may be acquired if the instrument is exercised/
converted:

% of voting rights:

C. Financial Instruments with similar economic effect to Qualifying Instruments
(xv), (xvi)

Resulting situation after the triggering transaction:

Type of financial instrument:

Exercise Price:

Expiration date (xvii):

Exercise/Conversion Period/Date (xviii):

Number of voting rights instrument refers to:

% of voting rights (xix) (xx):

Nominal:
Delta:

Total (A + B + C):

Number of voting rights: N/A - below reportable threshold

% of voting rights: N/A - below reportable threshold

(9). Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xv):

N/A - below reportable threshold

Proxy Voting:

(10). Name of the proxy holder:

N/A

(11). Number of voting rights proxy holder will cease to hold:

N/A

(12). Date on which proxy holder will cease to hold voting rights:

N/A

(13). Additional information:

Notification using the total voting rights figure of 100,361,305

(14). Contact name:

C Driscoll
For BlackRock Investment Management (UK) Limited
Secretary

(15). Contact telephone number:

020 7743 2427

2 April 2014