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 4 October 2010 was:

1179.44c per share (US cents) Capital only with convertible bond at par
744.58p per share (pence sterling) Capital only with convertible bond at par
1197.01c per share (US cents) - Cum income with convertible bond at par value
755.67p per share (pence sterling) - Cum income with convertible bond at par value
1130.89c per share (US cents) - Capital only with convertible bond at fair value
713.93p per share (pence sterling) - Capital only with convertible bond at fair value
1148.47c per share (US cents) - Including current year income with convertible bond 
at fair value
725.03p per share (pence sterling) - Including current year income with convertible 
bond at fair value
1143.45c per share (US cents) - Fully diluted for full conversion of bond and with 
treasury shares not sold (USD) incl. income
721.86p per share (pence sterling) - Fully diluted for full conversion of bond and
with treasury shares not sold (pence) incl. 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. 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).