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 3 April 2012 was:

1019.48c per share (US cents) - Capital only with convertible bond at par value
1024.11c per share (US cents) - Cum income with convertible bond at par value
XD
987.15c per share (US cents) - Capital only with convertible bond at fair value
991.78c per share (US cents) - Cum income with convertible bond at fair value
XD
998.59c per share (US cents) - Capital only fully diluted for full conversion
of bond
1002.31c per share (US cents) - Cum income fully diluted for full conversion of
bond XD
638.40p per share (pence sterling) Capital only with convertible bond at par
value
641.30p per share (pence sterling) - Cum income with convertible bond at par
value XD
618.15p per share (pence sterling) - Capital only with convertible bond at fair
value
621.05p per share (pence sterling) - Cum income with convertible bond at fair
value XD
625.32p per share (pence sterling) - Capital only fully diluted for full
conversion of bond
627.65p 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).