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 24 August 2012 were:

882.21 per share (US cents) - Capital only with convertible bond at par value
894.58c per share (US cents) - Cum income with convertible bond at par value XD
879.05c per share (US cents) - Capital only with convertible bond at fair value
891.41c per share (US cents) - Cum income with convertible bond at fair value XD
879.05c per share (US cents) - Capital only fully diluted for full conversion of bond
891.41c per share (US cents) - Cum income fully diluted for full conversion of bond XD
557.82p per share (pence sterling) Capital only with convertible bond at par value
565.64p per share (pence sterling) - Cum income with convertible bond at par value XD
555.82p per share (pence sterling) - Capital only with convertible bond at fair value
563.64p per share (pence sterling) - Cum income with convertible bond at fair value XD
555.82p per share (pence sterling) - Capital only fully diluted for full conversion of bond
563.64p 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. Following the implementation of the Tender Offer (the results of which were
announced on 2 April 2012 and which became effective on 5 April 2012) and
following the buyback of 75,000 shares on 2 May 2012 to be held in treasury,
the Company has in issue 43,841,312 shares, of which 2,267,065 were held 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).