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 8 April 2011 was:

1257.46c per share (US cents) Capital only with convertible bond at par
767.55p per share (pence sterling) Capital only with convertible bond at par
1263.85c per share (US cents) - Cum income with convertible bond at par value XD
771.45p per share (pence sterling) - Cum income with convertible bond at par value XD
1191.90c per share (US cents) - Capital only with convertible bond at fair value
727.54p per share (pence sterling) - Capital only with convertible bond at fair value
1198.29c per share (US cents) - Including current year income with convertible bond at fair value XD
731.44p per share (pence sterling) - Including current year income with convertible bond at fair value XD
1201.29c per share (US cents) - Fully diluted for full conversion of bond and with treasury shares not 
sold (USD) incl. income XD
733.27p 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 43,841,312. 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).