Holding(s) in Company

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1). Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):

BlackRock Latin American Investment Trust plc

(2). Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights: (X)

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : Initial notification as per regulatory requirement ( )

(3). Full name of person(s) subject to the notification obligation (iii):

Sarasin & Partners LLP

(4). Full name of shareholder(s) (if different from 3.) (iv):

The Bank of New York (Brussels)
Bank Sarasin and Co Ltd (Zurich)
Fortis Banque Luxembourg SA (EFA)
RBC Dexia Investor Services Bank S.A. (Zurich)

(5). Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

4 November 2008

(6). Date on which issuer notified:

5 November 2008

(7). Threshold(s) that is/are crossed or reached:

10%

(8). Notified details:


A: Voting rights attached to shares

Class/type of shares (if possible using the ISIN code): Ord USD0.10

Situation previous to the triggering transaction(vi):
Number of Shares: 4,335,744
Number of Voting rights(viii): 4,335,744

Resulting situation after the triggering transaction(vii):
Number of shares:
Direct: 4,835,744
Number of voting rights (ix):
Direct (x):
Indirect (xi): 4,835,744

% of voting rights:
Direct:
Indirect: 10.20%

B. Financial Instruments

Resulting situation after the triggering transaction (xii):

Type of financial instrument:

Expiration date (xiii):

Exercise/Conversion Period/Date (xiv):

Number of voting rights that may be acquired if the instrument is exercised/
converted:

% of voting rights:

Total (A + B):

Number of voting rights: 4,835,744

% of voting rights: 10.20%


(9). Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xv):


Proxy Voting:

(10). Name of the proxy holder:

N/A

(11). Number of voting rights proxy holder will cease to hold:

N/A

(12). Date on which proxy holder will cease to hold voting rights:

N/A

(13). Additional information:

N/A

(14). Contact name:

Ms B Powley
For BlackRock Investment Management (UK) Limited
Secretary

(15). Contact telephone number:

020 7743 5610


5 November 2008