Holding(s) in Company

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Merrill Lynch Latin American Investment Trust PLC (2). Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights: () An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : Transitional Notification of Major Holding ( ) (3). Full name of person(s) subject to the notification obligation (iii): Advance Developing Markets Trust PLC (4). Full name of shareholder(s) (if different from 3.) (iv): Nortrust Nominees Limited (5). Date of the transaction (and date on which the threshold is crossed or reached if different) (v): N/A (6). Date on which issuer notified: 6 December 2007(after close of business) (7). Threshold(s) that is/are crossed or reached: 12% (8). Notified details: A: Voting rights attached to shares Class/type of shares (if possible using the ISIN code): Ord 10 cents/ GB0005058408 Situation previous to the triggering transaction(vi): Number of Shares: 4,867,065 Number of Voting rights(viii): 4,867,065 Resulting situation after the triggering transaction(vii): Number of shares: DIRECT: 5,950,065 Number of voting rights (ix): Direct (x): 5,950,065 Indirect (xi): Nil % of voting rights: Direct: 12.45% Indirect: Nil B. Financial Instruments Resulting situation after the triggering transaction (xii): Type of financial instrument: Expiration date (xiii): Exercise/Conversion Period/Date (xiv): Number of voting rights that may be acquired if the instrument is exercised/ converted: % of voting rights: Total (A + B): Number of voting rights: 5,950,065 % of voting rights: 12.45% (9). Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): N/A Proxy Voting: (10). Name of the proxy holder: (11). Number of voting rights proxy holder will cease to hold: (12). Date on which proxy holder will cease to hold voting rights: (13). Additional information: Progressive Developing Markets Ltd is investment manager to Advance Developing Markets Trust plc (14). Contact name: Ms B Powley For BlackRock Investment Management (UK) Limited Secretary (15). Contact telephone number: 020 7743 5610 7 December 2007
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