Statement re 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 2010

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 2010.

In November and December the Shares have traded regularly at a premium to their
net asset value. Over the 6 months to 31 December 2009 the average discount to
net asset value was only 1.3% and the Company's NAV performance has been strong
with the undiluted NAV returning 52.6% in US$ terms against a benchmark return
of 40.4%. 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 2010
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