Net Asset Value(s)

NET ASSET VALUE

BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC

The unaudited net asset values for BlackRock Latin American Investment Trust
plc at close of business 2 April 2012 was:

1024.79c per share (US cents) - Capital only with convertible bond at par value
1029.40c per share (US cents) - Cum income with convertible bond at par value XD
992.46c per share (US cents) - Capital only with convertible bond at fair value
997.06c per share (US cents) - Cum income with convertible bond at fair value XD
1003.00c per share (US cents) - Capital only fully diluted for full conversion of bond
1006.69c per share (US cents) - Cum income fully diluted for full conversion of bond XD
639.88p per share (pence sterling) Capital only with convertible bond at par value
642.76p per share (pence sterling) - Cum income with convertible bond at par value XD
619.69p per share (pence sterling) - Capital only with convertible bond at fair value
622.56p per share (pence sterling) - Cum income with convertible bond at fair value XD
626.27p per share (pence sterling) - Capital only fully diluted for full conversion of bond
628.58p 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).