ANDREW F. BRIMMER

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BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST

Filing Date Source Excerpt
2002-04-01 President of Brimmer & Company, Inc., a Washington, D.C.-based economic and financial consulting firm. Lead Director and Chairman of the Audit Committee of each of the closed-end Trusts.
2003-04-15 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts -- Amherst. Former member of the Board of Governors of the Federal Reserve System.
2004-04-14 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System.
2005-04-21 Andrew F. Brimmer President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.
2006-04-19 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.

BLACKROCK CORE BOND TRUST

Filing Date Source Excerpt
2002-04-01 President of Brimmer & Company, Inc., a Washington, D.C.-based economic and financial consulting firm. Lead Director and Chairman of the Audit Committee of each of the closed-end Trusts in which BlackRock Advisors Inc. acts as investment advisor.
2003-04-15 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts -- Amherst. Former member of the Board of Governors of the Federal Reserve System.
2004-04-14 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System.
2005-04-21 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics at the University of Massachusetts - Amherst.
2006-04-19 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.

BLACKROCK INCOME TRUST, INC.

Filing Date Source Excerpt
2001-04-17 Andrew F. Brimmer - President of Brimmer & Company, Inc. ... Age: 74 ... Class III ... At a meeting of the Boards of Directors held on August 24, 2000, Dr. Brimmer was appointed "lead director" for each Board of Directors in the Fund Complex ... The members of the Audit Committee of each Trust are Messrs. Brimmer, Cavanagh, Dixon, Fabozzi, La Force and Mondale ... Andrew R. Brimmer $148,000 (2)(3) ... Total Compensation from the Fund Complex $160,000 (4) ... Each Independent Director receives an annual fee ... The total annual aggregate compensation for each Independent Director is capped at $160,000 per annum.
2002-04-01 Andrew F. Brimmer President of Brimmer & Company, Inc., a Washington, D.C.-based economic and financial consulting firm. Lead Director and Chairman of the Audit Committee of each of the closed-end Trusts in which BlackRock Advisors Inc. acts as investment advisor.
2003-04-15 The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year. BYM, BCK, BAF and BSE are newly organized and do not, as of yet, have audited year-end financial statements. As a result, these Trusts' Audit Committees have not performed any of the above functions. The Audit Committee is governed by a written charter, which was revised on October 22, 2002 and is attached hereto as Appendix C. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust is composed of three of the Independent Directors, which is charged with selecting a firm of independent accountants for its respective Trust and reviewing accounting matters with the accountants. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The Audit Committee of each Trust presents the following report: The Audit Committee of each Trust (except for BYM, BCK, BAF and BSE) has performed the following functions: (i) the Audit Committee reviewed and discussed the audited financial statements of each Trust with management of each respective Trust, (ii) the Audit Committee discussed with the independent auditors the matters required to be discussed by the Statements on Auditing Standards No. 61, (iii) the Audit Committee received the written disclosures and the letter from the independent auditors required by ISB Standard No. 1 and has discussed with the auditors the auditors' independence and (iv) the Audit Committee recommended to the Board of Directors of each Trust that the financial statements be included in each Trust's Annual Report for the past fiscal year.
2004-04-14 Andrew F. Brimmer President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System. Former Chairman, District of Columbia Financial Control Board. Lead Trustee and Chairman of the Audit Committee of each of the closed-end Trusts in which the Advisor acts as investment advisor.
2005-04-21 Andrew F. Brimmer President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh, Dixon and Fabozzi, all of whom are Independent Directors.
2006-04-19 Andrew F. Brimmer P.O. Box 4546 New York, NY 10163 Age: 79 Class III President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System. Formerly Chairman, District of Columbia Financial Control Board.

BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC.

Filing Date Source Excerpt
2001-04-17 Andrew F. Brimmer, Age: 74, Lead Director for each Board of Directors in the Fund Complex, member of Audit Committee, annual compensation $160,000.
2002-04-01 Andrew F. Brimmer President of Brimmer & 30(2) Director of CarrAmerica P.O. Box 4546 Company, Inc., a Realty Corporation and New York, NY 10163 Washington, D.C.-based Borg-Warner Automotive. Age: 75 economic and financial Formerly member of the Board Class III consulting firm. Lead of Governors of the Federal Director and Chairman of Reserve System. Formerly the Audit Committee of each Director of AirBorne Express, of the closed-end Trusts in BankAmerica Corporation (Bank which BlackRock Advisors of America), Bell South Inc. acts as investment Corporation, College advisor. Retirement Equities Fund.
2003-04-15 The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh and Dixon. The Board of each Trust has determined that each Trust has two audit committee financial experts serving on its audit committee, Dr. Brimmer and Mr. Dixon, both of whom are independent for the purpose of the definition of audit committee financial expert as applicable to the Trusts. The following table sets forth certain information regarding the compensation of the Trusts' Directors. TOTAL COMPENSATION FROM THE FUND COMPLEX NAME OF DIRECTOR PAID TO DIRECTORS (1) -------------------------------- -------------------------------- Andrew F. Brimmer $200,000(2)(3) (2) Represents the aggregate compensation earned by such persons during the calendar year ended December 31, 2002. Of this amount, Messrs. Brimmer, Cavanagh, Dixon, Fabozzi, La Force and Mondale deferred $24,000, $24,000, $0, $0, $148,000 and $55,500, respectively, pursuant to the Fund Complex's deferred compensation plan (described below). (3) Dr. Brimmer serves as "lead director" for each Board in the Fund Complex. For his services as lead director, Dr. Brimmer is compensated in the amount of $40,000 per annum by the Fund Complex allocated among the Trusts in the Fund Complex based on each Trust's relative net assets.
2004-04-14 Andrew F. Brimmer President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System. Former Chairman, District of Columbia Financial Control Board. Lead Trustee and Chairman of the Audit Committee of each of the closed-end Trusts in which the Advisor acts as investment advisor.
2005-04-21 Andrew F. Brimmer Age: 78 Class III President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System. Formerly Chairman, District of Columbia Financial Control Board. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh, Dixon and Fabozzi, all of whom are Independent Directors. Dr. Brimmer serves as "lead independent director" for each Board in the Fund Complex. For his services as lead independent director, Dr. Brimmer is compensated in the amount of $50,000 per annum by the Fund Complex allocated among the Trusts in the Fund Complex based on each Trust's relative net assets. Dr. Brimmer receives an additional $30,000 per annum from the Fund Complex for his service as the Audit Committee Chairman of the Fund Complex. Total compensation: $270,000.
2006-04-19 Andrew F. Brimmer Age: 79 Class III President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System. Formerly Chairman, District of Columbia Financial Control Board. The members of the Audit Committee of each Trust are Messrs. Brimmer (Chairman of the Audit Committee), Cavanagh, Dixon and Fabozzi, all of whom are Independent Directors. Dr. Andrew F. Brimmer is the chair of the Compliance Committee for each of the Trusts. Andrew F. Brimmer is an ex officio member of each Portfolio Review Committee. Dr. Brimmer serves as "lead independent director" for each Board in the Fund Complex. For his services as lead independent director, Dr. Brimmer was compensated in the amount of $50,000 per annum by the Fund Complex allocated among the Trusts in the Fund Complex based on each Trust's relative net assets. Dr. Brimmer received an additional $30,000 per annum from the Fund Complex for his service as the Audit Committee Chairman of the Fund Complex. Messrs. Brimmer, Cavanagh, Dixon and Fabozzi serve on the Audit Committee of the Fund Complex and for their service received an additional $20,000 per annum, allocated among the Trusts in the Fund Complex based on their relative net assets.

BLACKROCK Ltd DURATION INCOME TRUST

Filing Date Source Excerpt
2004-04-14 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System.
2005-04-21 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics at the University of Massachusetts - Amherst.
2006-04-19 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.

BLACKROCK MUNICIPAL INCOME QUALITY TRUST

Filing Date Source Excerpt
2003-04-15 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts -- Amherst. Former member of the Board of Governors of the Federal Reserve System.
2004-04-14 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System.
2005-04-21 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm; no mention of software or programming skills.
2006-04-19 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.

BLACKROCK MUNICIPAL INCOME TRUST

Filing Date Source Excerpt
2002-04-01 President of Brimmer & Company, Inc., a Washington, D.C.-based economic and financial consulting firm. Lead Director and Chairman of the Audit Committee of each of the closed-end Trusts in which BlackRock Advisors Inc. acts as investment advisor.
2003-04-15 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts -- Amherst. Former member of the Board of Governors of the Federal Reserve System.
2004-04-14 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System.
2005-04-21 Andrew F. Brimmer President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst.
2006-04-19 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.

BLACKROCK MUNICIPAL INCOME TRUST II

Filing Date Source Excerpt
2003-04-15 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts -- Amherst. Former member of the Board of Governors of the Federal Reserve System.
2004-04-14 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System.
2005-04-21 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics at the University of Massachusetts - Amherst.
2006-04-19 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.

BLACKROCK NEW YORK MUNICIPAL INCOME TRUST

Filing Date Source Excerpt
2002-04-01 President of Brimmer & Company, Inc., a Washington, D.C.-based economic and financial consulting firm. Lead Director and Chairman of the Audit Committee of each of the closed-end Trusts.
2003-04-15 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts -- Amherst. Former member of the Board of Governors of the Federal Reserve System.
2004-04-14 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System.
2005-04-21 Andrew F. Brimmer President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.
2006-04-19 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.

BLACKROCK VIRGINIA MUNICIPAL BOND TRUST

Filing Date Source Excerpt
2003-04-15 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts -- Amherst. Former member of the Board of Governors of the Federal Reserve System.
2004-04-14 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm. Also, Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Former member of the Board of Governors of the Federal Reserve System.
2005-04-21 Andrew F. Brimmer President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics at University of Massachusetts - Amherst.
2006-04-19 President of Brimmer & Company, Inc., a Washington D.C.-based economic and financial consulting firm, also Wilmer D. Barrett Professor of Economics, University of Massachusetts - Amherst. Formerly member of the Board of Governors of the Federal Reserve System.

Data sourced from SEC filings. Last updated: 2026-02-03