Net Asset Value(s) Correction

Merrill Lynch Latin Amer Inv. Trust
04 October 2006



It has come to the attention of the Company that the NAV released on 3 October
2006 was mis-stated and the announcement should have read as follows.  All other
information remains the same.  This announcement replaces 8914J.

NET ASSET VALUE - CORRECTION

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 2 October 2006 was:

629.68c per share (US Cents)
334.05p 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 55,608,059 ordinary
shares.



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