Director/PDMR Shareholding

SCHEDULE 11                                  
                                                                               
         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS          

1) Name of company

BlackRock Latin American Investment Trust plc

2) Name of director

Antonio Monteiro de Castro

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

Shareholder named above

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

UBS

5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

n/a

6) Please state the nature of the transaction.

Purchase of convertible bond

7) Number of shares/amount of stock acquired

1

8) Percentage of issued class

0.125%

9) Number of shares/amount of stock disposed

n/a

10) Percentage of issued class

n/a

11) Class of security

Convertible bond of US$100,000 each

12) Price per bond

$100,000.00

13) Date of transaction

15 September 2009

14) Date company informed

15 September 2009

15) Total holding following this notification

1

16) Total percentage holding of issued class following this notification

0.125%

17) Any additional information

None

18) Contact name for queries

Mrs A B Powley

19) Contact telephone number

020 7743 5610

20) Name of authorised company official responsible for making notification

Mrs A B Powley, BlackRock Investment Management (UK) Limited
Secretary

Date of notification: 15 September 2009