NET ASSET VALUE

BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC

The unaudited net asset values for BlackRock Latin American Investment Trust plc at close of business 3 January 2013were:

970.66c per share (US cents) - Capital only with convertible bond at par value 992.19c per share (US cents) - Cum income with convertible bond at par value 965.70c per share (US cents) - Capital only with convertible bond at fair value 987.23c per share (US cents) - Cum income with convertible bond at fair value 972.84c per share (US cents) - Capital only fully diluted for full conversion of bond 991.62c per share (US cents) - Cum income fully diluted for full conversion of bond 600.74p per share (pence sterling) Capital only with convertible bond at par value 614.07p per share (pence sterling) - Cum income with convertible bond at par value 597.67p per share (pence sterling) - Capital only with convertible bond at fair value 611.00p per share (pence sterling) - Cum income with convertible bond at fair value 602.09p per share (pence sterling) - Capital only fully diluted for full conversion of bond 613.71p per share (pence sterling) - Cum income fully diluted for full conversion of bond

Notes:

1. Investments have been valued on a bid price basis.

2. The conversion price of the bonds is $9.83.

3. Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date.

4. Following the buyback of US$15,948,000of 3.5% convertible bonds on 12 December 2012for cancellation, the Company has in issue 41,433,247 ordinary shares, excluding 2,408,065 shares held in treasury and US$ 64,000,0003.5% convertible bonds.

5. 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 ICB (Topic 3).

distributed by