1.
|
Title
of the class of securities of BlackRock Preferred and Equity Advantage
Trust (the "Fund") to be
redeemed:
|
2.
|
The
date on which the securities are to be called or
redeemed:
|
3.
|
The
applicable provisions of the governing instrument pursuant to which the
securities are to be called or
redeemed:
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4.
|
The
principal amount or number of shares and the basis upon which the
securities to be redeemed are to be
selected:
|
BLACKROCK
PREFERRED AND EQUITY
ADVANTAGE
TRUST
|
|||
By: |
/s/
Neal J. Andrews
|
|
|
Name: Neal
J. Andrews
|
|||
Title:
Chief Financial Officer
|
Series
|
CUSIP
|
Redemption
Date
|
Total
Shares to be Redeemed
|
Aggregate
Principal Amount to be Redeemed
|
T7
|
092508209
|
June
11, 2008
|
2,310
|
$57,750,000
|
W7
|
092508308
|
June
12, 2008
|
2,310
|
$57,750,000
|
R7
|
092508407
|
June
13, 2008
|
2,310
|
$57,750,000
|
F7
|
092508506
|
June
9, 2008
|
2,310
|
$57,750,000
|