ISHARES USD ASIA HY BOND ETF

IPO

Company Registration: ISHARES USD ASIA HY BOND ETF
Company Introduction: iShares Barclays Capital USD Asia High Yield Bond Index ETF (the “Fund”) is an
exchange traded fund constituted as a sub-fund of iShares Southeast Asia Trust
that is a Singapore unit trust authorized under Section 286 of the Securities
and Futures Act, Chapter 289 of Singapore.

The investment objective of the Fund is to provide investment results that,
before fees and expenses, closely correspond to the performance of the Barclays
Capital Asia USD High Yield Diversified Credit Index (the “BAHY Index”) in US
dollar terms. The BAHY Index tracks the performance of fixed-rate US
dollar-denominated government-related and corporate high yield debt of the Asia
ex-Japan region. Issuer exposures are capped at 4% of the overall index market
value for diversification. The investment strategy of the Fund is to use a
representative sampling strategy (i.e. an indexing strategy that involves
investing in a representative sample of securities that collectively has an
investment profile similar to the BAHY Index).

BlackRock (Singapore) Limited, the Manager of the Fund, currently intends to
make quarterly distributions (to the extent that there is a distributable
amount under the trust deed of the Fund). There is currently no dividend
reinvestment service. Investors should note that the distributions of the Fund
are not guaranteed and are not in any way a forecast or projection of the
future or likely performance of the Fund.

Disclaimer
This document is issued by BlackRock (Singapore) Limited (Co. registration no.
200010143N). Investment involves risk, including possible loss of principal.
Before making an investment decision, investors should read the relevant
iShares Fund’s prospectus (available on our website www.ishares.com.sg)
carefully including the investment objective and risk factors relating to the
Fund. The value of the units in the iShares Funds and the income accruing to
the units may fall or rise. Units of the iShares Funds are bought and sold at
market price (not NAV) and the units are not individually redeemed from the
Fund and may only be redeemed by participating dealers in large redemption unit
sizes. The listing of units of the iShares Funds on the exchange does not
guarantee a liquid market for the units. Transactions in units of the iShares
Funds will result in brokerage commission which will reduce returns.

This document is for informational purposes and does not constitute an offer or
solicitation to purchase or sell units in any iShares Funds, nor shall any
units be offered or sold to any person
in any jurisdiction in which an offer, solicitation, purchase or sale would be
unlawful under the securities laws of such jurisdiction.

Barclays Capital, Barclays Capital Inc. and Barclays Capital Asia USD High
Yield Diversified Credit Index are trademarks of Barclays Capital and have been
licensed for use in connection with the Fund. The Fund is not sponsored, sold
or endorsed by Barclays Capital. Barclays Capital does not make any
representation regarding the advisability of investing in the Fund.

© 2011 BlackRock, Inc. All rights reserved. iShares® is a registered trademark
of BlackRock Institutional Trust Company, N.A. All other trademarks,
servicemarks or registered trademarks are the property of their respective
owners.

Closing Dates

Closing Date

Prospectus

Issue Manager And Underwriters

Issue Manager and Underwriter