EXHIBIT 8(b)

APPENDIX A

to the

Amended and Restated Administration Agreement

Among BlackRock Funds^SM,

BlackRock Advisors, Inc. and PFPC Inc.

Name of Portfolio	Class of Shares
Small Cap Value Equity Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R
Small Cap Growth Equity Portfolio	Institutional Service Investor A Investor B Investor C R
Investment Trust	Institutional Service Investor A Investor B Investor C BlackRock R
Index Equity Portfolio	Institutional Service Investor A Investor B Investor C
International Equity Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R

Name of Portfolio	Class of Shares
Asset Allocation Portfolio	Institutional Service Investor A Investor B Investor C R
Low Duration Bond Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R Investor A1 Investor B1 Investor B2 Investor C1 Investor C2
Intermediate Bond Portfolio II	Institutional Service Investor A Investor B Investor C BlackRock R
Intermediate Government Bond Portfolio	Institutional Service Investor A Investor B Investor C R
Government Income Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R Investor B1 Investor C1

Name of Portfolio	Class of Shares
Total Return Portfolio II	Institutional Service Investor A Investor B Investor C BlackRock R
Managed Income Portfolio	Institutional Service Investor A Investor B Investor C R
International Bond Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R
AMT-Free Municipal Bond Portfolio	Institutional Service Investor A Investor B Investor C BlackRock
Ohio Tax-Free Income Portfolio	Institutional Service Investor A Investor B Investor C
Money Market Portfolio	Institutional Service Investor A Investor B Investor C Hilliard Lyons

Municipal Money Market Portfolio	Institutional Service Investor A Investor B Investor C Hilliard Lyons
U.S. Treasury Money Market Portfolio	Institutional Service Investor A Investor B Investor C
Ohio Municipal Money Market Portfolio	Institutional Service Investor A Investor B Investor C
Pennsylvania Municipal Money Market Portfolio	Institutional Service Investor A Investor B Investor C
North Carolina Municipal Money Market Portfolio	Institutional Service Investor A Investor B Investor C
New Jersey Municipal Money Market Portfolio	Institutional Service Investor A Investor B Investor C
Virginia Municipal Money Market Portfolio	Institutional Service Investor A Investor B Investor C

Mid-Cap Growth Equity Portfolio	Institutional Service Investor A Investor B Investor C R
Mid-Cap Value Equity Portfolio	Institutional Service Investor A Investor B Investor C R
BlackRock Strategic Portfolio I	Institutional
International Opportunities Portfolio	Institutional Service Investor A Investor B Investor C R
U.S. Opportunities Portfolio	Institutional Service Investor A Investor B Investor C R
GNMA Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R
Delaware Tax-Free Income Portfolio	Institutional Service Investor A Investor B Investor C
Kentucky Tax-Free Income Portfolio	Institutional Service Investor A Investor B Investor C

High Yield Bond Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R Investor B1 Investor C1
Global Science & Technology Opportunities Portfolio	Institutional Service Investor A Investor B Investor C R
Core Equity Portfolio	Institutional
Total Return Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R
Small Cap Core Equity Portfolio	Institutional Service Investor A Investor B Investor C R
Enhanced Income Portfolio	Institutional Service Investor A BlackRock R
Intermediate Bond Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R

Inflation Protected Bond Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R
Exchange Portfolio	BlackRock
Small/Mid-Cap Growth Portfolio	Institutional Service Investor A Investor B Investor C R
Aurora Portfolio	Institutional Service Investor A Investor B Investor C R
Legacy Portfolio	Institutional Service Investor A Investor B Investor C R
Health Sciences Opportunities Portfolio	Institutional Service Investor A Investor B Investor C R
Global Resources Portfolio	Institutional Service Investor A Investor B Investor C R

All-Cap Global Resources Portfolio	Institutional Service Investor A Investor B Investor C BlackRock R
Global Opportunities Portfolio	Institutional Service Investor A Investor B Investor C R
Long Duration Bond Portfolio	Institutional Investor A BlackRock R

Release. “BlackRock Funds” and “Trustees of BlackRock Funds” refer respectively to the trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust dated December 22, 1988 which is hereby referred to and a copy of which is on file at the office of the State Secretary of the Commonwealth of Massachusetts and at the principal office of the Company. The obligations of “BlackRock Funds” entered into in the name or on behalf thereof by any of the Trustees, officers, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders, officers, representatives or agents of the Company personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of shares of the Customer must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Company.

Agreed to and accepted as of                          , 2006.

BLACKROCK FUNDS^SM

By:                                                             

Name:

Title:

BLACKROCK ADVISORS, INC.

By:                                                             

Name:

Title:

PFPC INC.

By:                                                             

Name:

Title: