Net Asset Value(s)

NET ASSET VALUE

BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC

The unaudited net asset value for BlackRock Latin American Investment Trust plc
at close of business on 02 July 2009 was:

695.21c per share (US cents) - Capital only
424.70p per share (pence sterling) - Capital only
701.10c per share (US cents) - Including current year income
428.30p per share (pence sterling) - Including current year income

Notes:

1. Investments have been valued on a bid price basis.

2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.

3. Following the tender offer on 6 April 2009, 3,554,231 shares were tendered
and held in treasury making the total number of shares now held in treasury
3,954,231. The number of shares in issue (excluding treasury shares) is
43,835,522.

4. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).