Completion of Tender Offer

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA AND THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO MAY RESULT IN THE CONTRAVENTION OF ANY REGISTRATION OR OTHER LEGAL REQUIREMENT OF SUCH JURISDICTION OR CONTRAVENTION OF ANY LEGAL REQUIREMENT IN THE UK

26 May 2022

BlackRock Latin American Investment Trust plc

(LEI: UK9OG5Q0CYUDFGRX4151)

Completion of Tender Offer

Further to the announcement on 19 May 2022 setting out the results of the BlackRock Latin American Investment Trust plc (the “Company”) tender offer (the "Tender Offer"), the Company today announces that it has completed the purchase of 9,810,979 Tendered Shares in accordance with the terms in the circular published on 5 April 2022.

Proceeds will be paid to Shareholders whose tendered shares are held through CREST accounts today (26 May 2022).

9,810,979 Tendered Shares have been cancelled. The issued share capital is now 31,630,303 Ordinary Shares including 2,181,662 Ordinary Shares held in treasury. The total number of Ordinary Shares with voting rights is 29,448,641. This is the figure Shareholders should use to calculate if they are required to notify their interest in, or a change to their interest in the Company, under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Defined terms used in this announcement have the meanings given in the Tender Circular unless the context otherwise requires.

Enquiries:

BlackRock Investment Management (UK) Limited Sarah Beynsberger Tel: [phone]