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BlackRock Enhanced Equity Dividend Trust Director's Dealing 2012

Feb 28, 2012

31859_dirs_2012-02-28_2cfcede4-a834-475c-9bb2-625e630ec16c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BlackRock Enhanced Equity Dividend Trust (BDJ)
CIK: 0001332283
Period of Report: 2012-02-27

Reporting Person: GABBAY HENRY (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-02-27 Common Stock J 1870 Acquired 3663 Direct
2012-02-27 Common Stock J 1693 Acquired 3663 Direct

Footnotes

F1: Effective as of February 27, 2012, BlackRock Strategic Equity Dividend Trust (the "Target Fund") was reorganized into BlackRock Enhanced Equity Dividend Trust (the "Acquiring Fund," and such reorganization, the "Reorganization"). In the Reorganization, common shareholders of the Target Fund received common shares of beneficial interest of the Acquiring Fund in an amount equal to the aggregate net asset value of the Target Fund's common shares as determined at the close of business on February 24, 2012, less the costs of the Reorganization (although cash was distributed for any fractional shares). As of February 24, 2012, the Target Fund reported a net asset value per share of $11.9347 and the Acquiring Fund reported a net asset value per share of $8.4561. The conversion ratio for the Target Fund's common shares was 1.41137167. In the Reorganization, Dr. Henry Gabbay received 1870 common shares of the Acquiring Fund in exchange for his 1325 common shares of the Target Fund.

F2: Effective as of February 27, 2012, BlackRock Equity Dividend Trust (the "Target Fund") reorganized into BlackRock Enhanced Equity Dividend Trust (the "Acquiring Fund," and such reorganization, the "Reorganization"). In the Reorganization, common shareholders of the Target Fund received common shares of beneficial interest of the Acquiring Fund in an amount equal to the aggregate net asset value of the Target Fund's common shares as determined at the close of business on February 24, 2012, less the costs of the Reorganization (although cash was distributed for any fractional shares). As of February 24, 2012, the Target Fund reported a net asset value per share of $10.8103 and the Acquiring Fund reported a net asset value per share of $8.4561. The conversion ratio for the Target Fund's common shares was 1.27840257. In the Reorganization, Dr. Henry Gabbay received 1693 common shares of the Acquiring Fund in exchange for his 1325 common shares of the Target Fund.