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 28 September 2010 was:

1137.70c per share (US cents) Capital only with convertible bond at par
719.82p per share (pence sterling) Capital only with convertible bond at par
1154.30c per share (US cents) - Cum income with convertible bond at par value XD
730.33p per share (pence sterling) - Cum income with convertible bond at par value XD
1089.15c per share (US cents) - Capital only with convertible bond at fair value
689.11p per share (pence sterling) - Capital only with convertible bond at fair value
1105.75c per share (US cents) - Including current year income with convertible bond at fair value XD
699.61p per share (pence sterling) - Including current year income with convertible bond at fair value XD
1107.85c per share (US cents) - Fully diluted for full conversion of bond and with treasury shares not sold
USD) incl. income XD
700.94p per share (pence sterling) - Fully diluted for full conversion of bond and with treasury shares not
sold (pence) incl. income XD

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. The number of shares in issue is 43,835,522. Following the cancellation on 31 March 2010 of 3,554,231
shares previously held in treasury, there are no shares remaining in treasury.
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).