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 20 April 2011 was:

1238.11c per share (US cents) Capital only with convertible bond at par
754.63p per share (pence sterling) Capital only with convertible bond at par
1247.71c per share (US cents) - Cum income with convertible bond at par value
760.48p per share (pence sterling) - Cum income with convertible bond at par
value
1172.56c per share (US cents) - Capital only with convertible bond at fair
value
714.68p per share (pence sterling) - Capital only with convertible bond at fair
value
1182.16c per share (US cents) - Including current year income with convertible
bond at fair value
720.53p per share (pence sterling) - Including current year income with
convertible bond at fair value
1188.06c per share (US cents) - Fully diluted for full conversion of bond and
with treasury shares not sold (USD) incl. income
724.12p 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).