Blackrock California Insured Municipal (BCK)

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Ticker: BCK

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Buy signal Sell signal Earnings

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BLACKROCK FUNDING INC Affiliate of the Adviser

Transaction date 27 May 2004

Sale

Price

117.41

Quantity 54,718 -6.5%

Value US$4,892,478

BLACKROCK FUNDING INC Affiliate of the Adviser

Transaction date 27 May 2004

Sale

Price

373.01

Quantity 83,021 +33.6%

Value US$2,148,420

Notification date	Transaction date	B/S Transaction type	Insider and/or position	Nb. shares Price Value	Number of shares	Price	Value	Details
2004-06-01	2004-05-27	S Sale	BLACKROCK FUNDING INC Affiliate of the Adviser	54,718 -6.5% 117.41 US$4,892,478	54,718 -6.5%	117.41	US$4,892,478
2004-06-01	2004-05-27	S Sale	BLACKROCK FUNDING INC Affiliate of the Adviser	83,021 +33.6% 373.01 US$2,148,420	83,021 +33.6%	373.01	US$2,148,420

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