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 December 2015 were:

484.05c per share (US cents) - Capital only  
490.55c per share (US cents) - Including current year income 
320.49p per share (pence sterling) Capital only 
324.79p per share (pence sterling) - Including current year 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.        The Company has 39,369,620 ordinary shares in issue 
(excluding 2,071,662 ordinary shares which are held 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).