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 24 June 2011 was:

1117.25c per share (US cents) Capital only with convertible bond at par
699.73p per share (pence sterling) Capital only with convertible bond at par
1134.45c per share (US cents) - Cum income with convertible bond at par value
710.51p per share (pence sterling) - Cum income with convertible bond at par value
1053.59c per share (US cents) - Capital only with convertible bond at fair value
659.86p per share (pence sterling) - Capital only with convertible bond at fair value
1070.79c per share (US cents) - Including current year income with convertible bond at fair value
670.64p per share (pence sterling) - Including current year income with convertible bond at fair value
1094.92c per share (US cents) - Fully diluted for full conversion of bond (USD) incl. income
685.75p per share (pence sterling) - Fully diluted for full conversion of bond (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 43,841,312. 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).