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 15 October 2013 were:

839.11c per share (US cents) - Capital only
843.99c per share (US cents) - Cum income
525.45p per share (pence sterling) Capital only
528.51p per share (pence sterling) - Cum income

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. Based on 39,369,620 ordinary shares in issue (excluding 2,187,662 ordinary
shares held in treasury) and assuming that all bonds have been redeemed or
converted.

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)