Portfolio Update

Merrill Lynch Latin Amer Inv. Trust
03 January 2007


Merrill Lynch Latin American Investment Trust PLC
As at 31 December 2006

Top 10 holdings:

AMBEV CIA DE BEBIDAS
AMERICA MOVIL
BANCO BRADESCO
Fomento Economico mexicano
GRUPO TELEVISA
PETROLEO BRASILEIRO
TENARIS
UNIBANCO UNIAO
VALE RIO DOCE (CIA)
WAL-MART DE MEXICO


Other holdings over 5%:

n/a


Holdings in restricted UK listed investment companies:

n/a


3 January 2007


                      This information is provided by RNS
            The company news service from the London Stock Exchange