BLACKROCK CORE BOND TRUST — Director's Dealing 2004

Dec 6, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKROCK CORE BOND TRUST (BHK)
CIK: 0001160864
Period of Report: 2004-12-02

Reporting Person: LAFORCE JAMES (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-02	Performance Rights	$	J	60	Disposed		Common Stock (60)	Direct

Footnotes

F1: The Phantom Stock units were accrued under the BlackRock Deferred Compensation Plan.

F2: One performance right is convertible into the cash value of one share of BlackRock Core Bond Trust, Inc.

F3: On November 17, 2004, the reporting person purchased 358 shares of BlackRock Core Bond Trust, Inc. under the BlackRock Deferred Compensation Plan. A duplicate wire transfer was inadventedly made by the accounting agent into the account of the reporting person. This resulted in the purchase of more shares than could be paid with the funds in the reporting person's account. The correcting sale is to cover the deficit in the account resulting from the reversal of the duplicate wire transfer.

F4: The units are to be settled 100% in cash at the end of the deferral period chosen by the reporting person.