Correction : Statement re Conversion / Redempti...

This announcement has been corrected to reflect a change to the cancellation date for trading in the Company's 3 1/2% convertible bonds on the London Stock Exchange. The date has been changed from 18 October 2013 to the correct date of 22 October 2013. All other information remains the same. Not for release, publication or distribution in or into the United States, Canada, Australia or Japan BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC (a company incorporated under the laws of England and Wales with registered number 2479975) ("Company") Conversion Notice /Redemption Notice Further to the announcement dated 10 September 2013, the Board announces that it has today issued a notice (the "Notice") to all of the outstanding holders of the 3.5 per cent unsecured convertible bonds due 2015 ("Bonds") that these remaining Bonds will be converted into Ordinary Shares on 16 October 2013 (the "Conversion Date") at the Conversion Price of US$9.83. The closing middle market price of the Ordinary Shares on Friday 20 September 2013 was £4.79 being US$7.66 based on an exchange rate of £1 = US$1.60. Bondholders have a right to require the Company, in lieu of converting the Bonds into Ordinary Shares, to repay the whole (or such part as they may in such notice specify) of their Bonds at their nominal amount on the Conversion Date together with accrued interest up to (but excluding) the Conversion Date by giving written notice to the Company requiring the same (a "Bondholder Redemption Notice"). Unless a Bondholder gives a Bondholder Redemption Notice in accordance with the relevant instructions, all of their Bonds shall be converted into Ordinary Shares at the Conversion Price. The instructions for submitting a Bondholder Redemption Notice are set out in the Notice. Each Bondholder wishing its Bonds to be redeemed must submit a Bondholder Redemption Notice via a USE instruction for settlement by 3 p.m. (London time) on 9 October 2013. Bondholder Redemption Notices will be irrevocable. The Board has also applied for trading to be suspended in the Bonds at 8 am on 16 October 2013 and for the cancellation of the admission of the Bonds on the official list maintained by the Financial Conduct Authority and to trading on the London Stock Exchange from 8 am on 22 October 2013. Enquiries BlackRock Investment Management (UK) Limited Simon White 020 7743 3000 Cenkos Securities plc Will Rogers 0207 397 1920
UK 100

Latest directors dealings