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 27 June 2011 was:

1125.51c per share (US cents) Capital only with convertible bond at par
703.33p per share (pence sterling) Capital only with convertible bond at par
1142.68c per share (US cents) - Cum income with convertible bond at par value
714.06p per share (pence sterling) - Cum income with convertible bond at par value
1061.86c per share (US cents) - Capital only with convertible bond at fair value
663.56p per share (pence sterling) - Capital only with convertible bond at fair value
1079.03c per share (US cents) - Including current year income with convertible bond at fair value
674.29p per share (pence sterling) - Including current year income with convertible bond at fair value
1101.81c per share (US cents) - Fully diluted for full conversion of bond (USD) incl. income
688.52p 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).