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 30 June 2011 was:

1174.03c per share (US cents) Capital only with convertible bond at par
731.30p per share (pence sterling) Capital only with convertible bond at par
1191.61c per share (US cents) - Cum income with convertible bond at par value
742.25p per share (pence sterling) - Cum income with convertible bond at par
value
1110.38c per share (US cents) - Fully diluted for full conversion of bond (USD)
capital only
691.66p per share (pence sterlin) - Fully diluted for full conversion of bond
(pence) capital only
1127.96c per share (US cents) - Fully diluted for full conversion of bond (USD)
including income
702.61p per share (pence sterling) - Fully diluted for full conversion of bond
(pence) including 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).