Net Asset Value(s)

Merrill Lynch Latin Amer Inv. Trust
09 November 2006

NET ASSET VALUE

MERRILL LYNCH LATIN AMERICAN INVESTMENT TRUST PLC

The unaudited cum income net asset value, using bid market values, for the
Merrill Lynch Latin American Investment Trust PLC (formerly F&C Latin American
Investment Trust PLC) at close of business on 8 November 2006 was:

703.42c per share (US Cents)
369.58p per share (Pence Sterling)

1. 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 ICV (Topic 3).

2. The net asset value above has been calculated based on 47,789,753 ordinary
shares following the cancellation of 7,818,306 shares as a result of the tender
offer.


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