Statement re Dividend Exchange Rate Set

BlackRock Latin American Investment Trust plc

Dividend Exchange Rate Set

Please note that the exchange rate for the interim dividend previously
announced on 14 August 2012 has been set at 1.59, which will make the GBP
equivalent dividend payable 3.14465 pence per share (USD dividend 5.00 cents
per share) which is payable to shareholders on 27 September 2012 (to
shareholders on the register on 24 August 2012).

11 September 2012
Barbara Powley - Company Secretary

Tel: [phone]