BlackRock North American Income Trust plc (LEI: 549300WWOCXSC241W468)

    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: (X)

    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): ()

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

                Investec Wealth & Investment Limited

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

                N/A

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

                16 March 2017

    (6). Date on which issuer notified:

                17 March 2017

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

                From 17% to 18%

    (8). Notified details:

    A: Voting rights attached to shares

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

    Situation previous to the triggering transaction (vi):
         Number of Shares: 12,399,816
         Number of Voting rights (viii): 12,399,816

    Resulting situation after the triggering transaction (vii):
         Number of shares:  
              DIRECT: 12,410,816
         Number of voting rights (ix):
              Direct (x): 12,410,816
              Indirect (xi):

    % of voting rights:
         Direct: 18.00%
         Indirect: 

    B. Financial Instruments

    Resulting situation after the triggering transaction (xii):

    Type of financial instrument:

    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:  12,410,816

    % of voting rights:  18.00%

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

    Discretionary client holdings registered in the name of Nominee companies 100%
    owned by Investec Wealth & Investment Limited.

    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:

                N/A

    (14). Contact name:

                S Beynserger
                For BlackRock Investment Management (UK) Limited
                Secretary

    (15). Contact telephone number:

                020 7743 2639

    17 March 2017