Net Asset Value(s)

BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC

The unaudited net asset values for BlackRock Latin American Investment Trust
plc at close of business 30 March 2012 was:

1012.25c per share (US cents) - Capital only with convertible bond at par value
1016.86c per share (US cents) - Cum income with convertible bond at par value XD
979.92c per share (US cents) - Capital only with convertible bond at fair value
984.52c per share (US cents) - Cum income with convertible bond at fair value XD
992.54c per share (US cents) - Capital only fully diluted for full conversion of bond
996.22c per share (US cents) - Cum income fully diluted for full conversion of bond XD
633.57p per share (pence sterling) Capital only with convertible bond at par value
636.45p per share (pence sterling) - Cum income with convertible bond at par value XD
613.33p per share (pence sterling) - Capital only with convertible bond at fair value
616.21p per share (pence sterling) - Cum income with convertible bond at fair value XD
621.23p per share (pence sterling) - Capital only fully diluted for full conversion of bond
623.53p per share (pence sterling) - Cum income fully diluted for full conversion of bond XD

Notes:

1. Investments have been valued on a bid price basis.

2. The conversion price of the bonds is $8.98 until (but excluding) 15
September 2012 and $9.83 thereafter.

3. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.

4. The number of shares in issue is 43,841,312. There are no shares remaining
in treasury.

5. 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).