I know this is old, but if it wasn't solved, the answer is that there in an issue in the 4x4 system. Whenever that light blinks, it should be serviced immediately. A possible worst case scenario in engaugement of the 4 low system at a speed that would be detrimental to your car, and maybe your health! Take it to someone and get it checked out. It could be a simple issue, but it can get worse with time!