Tender Offer

Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan

BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC

Tender offer

14 January 2011

The Board of BlackRock Latin American Investment Trust plc (the "Company")
announces that it has decided not to implement a semi-annual tender offer in
March 2011.

Over the 6 months to 31 December 2010 the average discount to net asset value
was 0.1% and ranged from a discount of 5.5% to a premium of 3.6%. The Board has
therefore concluded that it is not in the interests of shareholders as a whole
to implement a semi-annual tender offer in March 2011 at a discount to net
asset value.

The Board will continue to pay close attention to the rating of the shares in
the market and trading activity and where necessary will take appropriate
action to address any supply/demand imbalance.

For further information, please contact:

Peter Burnell - 01434 632 292
BlackRock Latin American Investment Trust plc

Jonathan Ruck Keene - 020 7743 3000
BlackRock Investment Management (UK) Limited

Will Rogers - 020 7397 1920
Cenkos Securities plc