1.
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Title of the class of securities of California Investment Quality Municipal Trust, Inc. (the "Fund") to be redeemed:
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Auction Rate Municipal Preferred Stock, liquidation preference $25,000 per share, Series W7 (CUSIP 09247U206) (the "Shares").
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2.
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The date on which the securities are to be called or redeemed:
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September 30, 2010 (the "Redemption Date").
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3.
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The applicable provisions of the governing instrument pursuant to which the securities are to be called or redeemed:
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The Shares are to be redeemed pursuant to Section 4(a)(i) of the Fund's Articles Supplementary.
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4.
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The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:
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The Company intends to redeem all 237 of the outstanding Shares on the Redemption Date in connection with the Fund's liquidation and dissolution.
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BLACKROCK CALIFORNIA INVESTMENT QUALITY
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MUNICIPAL TRUST, INC.
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By:
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/s/ Neal J. Andrews
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Name:
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Neal J. Andrews
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Title:
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Chief Financial Officer
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