X0306 4 2013-12-31 0 0001517462 BlackRock Preferred Partners LLC N/A 0001060021 BlackRock Holdco 2, Inc. 55 EAST 52ND STREET NEW YORK NY 10055 0 0 1 1 Affil. of Investment Advisor Common Stock 2013-12-31 4 S 0 389000 D 2204315.637 D The Reporting Person tendered 389,000 shares pursuant to an issuer tender offer. These shares will be repurchased by the issuer at its net asset value, determined as of December 31, 2013 (the "Valuation Date"). The issuer will not finalize the calculation of its net asset value as of the Valuation Date until approximately 25 days after the Valuation Date. /s/ Janey Ahn, Director 2014-01-02