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 19 April 2011 was:

1210.14c per share (US cents) Capital only with convertible bond at par
741.69p per share (pence sterling) Capital only with convertible bond at par
1219.63c per share (US cents) - Cum income with convertible bond at par value 
747.51p per share (pence sterling) - Cum income with convertible bond at par value 
1144.58c per share (US cents) - Capital only with convertible bond at fair value
701.51p per share (pence sterling) - Capital only with convertible bond at fair value
1154.08c per share (US cents) - Including current year income with convertible bond at fair value 
707.34p per share (pence sterling) - Including current year income with convertible bond at fair value 
1164.71c per share (US cents) - Fully diluted for full conversion of bond and with treasury shares not 
sold (USD) incl. income 
713.85p 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 43,841,312. 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).