BLACKROCK Ltd DURATION INCOME TRUST — Director's Dealing 2012

Aug 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKROCK LTD DURATION INCOME TRUST (BLW)
CIK: 0001233681
Period of Report: 2012-04-16

Reporting Person: Castellano Michael J (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-16	Performance Rights	$	A	153.34	Acquired		Common Stock (153.34)	Direct
2012-07-13	Performance Rights	$	A	146.59	Acquired		Common Stock (146.59)	Direct

Footnotes

F1: The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.

F2: One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust.

F3: The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.