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 on 4 September 2013 were:

756.19c per share (US cents) - Capital only with convertible bond at par value
759.34c per share (US cents) - Cum income with convertible bond at par value XD
753.69c per share (US cents) - Capital only with convertible bond at fair value
756.84c per share (US cents) - Cum income with convertible bond at fair value XD
753.69c per share (US cents) - Capital only fully diluted for full conversion of bond
756.84c per share (US cents) - Cum income fully diluted for full conversion of bond XD
483.89p per share (pence sterling) Capital only with convertible bond at par value
485.90p per share (pence sterling) - Cum income with convertible bond at par value XD
482.29p per share (pence sterling) - Capital only with convertible bond at fair value
484.30p per share (pence sterling) - Cum income with convertible bond at fair value XD
482.29p per share (pence sterling) - Capital only fully diluted for full conversion of bond
484.30p 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 $9.83.

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 in April 2013, the Company
has 39,361,585 Ordinary Shares in issue (excluding 2,212,662 Ordinary Shares
held in treasury) and US$ 64,000,000 3.5% convertible bonds.

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)