BRNE Blackrock New A

Further to the Proposals for the reconstruction and winding up of the Company
contained in the circular dated 19 December 2013 the Board of BlackRock New
Energy Investment Trust announces that the listed equity portfolio available
for sale has now been fully realised.

The Proposals remain conditional on the passing of the special resolution to be
proposed at the general meeting of the Company's shareholders convened for 14
February 2014.  The Scheme will not become effective unless the resolution is
passed.

Enquiries

Simon White
BlackRock Investment Management
020 7743 5284

Alex Blake
Winterflood Investment Trusts
020 3100 0297

Capitalised terms shall bear the meanings given to them in the Company's
Circular dated 19 December 2013 unless the context otherwise requires.