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 10 September 2010 was:

1069.87c per share (US cents) Capital only with convertible bond at par
695.42p per share (pence sterling) Capital only with convertible bond at par
1085.38c per share (US cents) - Cum income with convertible bond at par value XD
705.50p per share (pence sterling) - Cum income with convertible bond at par
value XD
1031.34c per share (US cents) - Capital only with convertible bond at fair
value
670.37p per share (pence sterling) - Capital only with convertible bond at fair
value
1046.84c per share (US cents) - Including current year income with convertible
bond at fair value XD
680.45p per share (pence sterling) - Including current year income with
convertible bond at fair value XD
1052.95c per share (US cents) - Fully diluted for full conversion of bond and
with treasury shares not sold (USD) incl. income XD
684.42p per share (pence sterling) - Fully diluted for full conversion of bond
and with treasury shares not sold (pence) incl. income XD

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 43,835,522. Following the cancellation on
31 March 2010 of 3,554,231 shares previously held in treasury, 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).