Portfolio Update

Merrill Lynch Latin American Investment Trust PLC
As at 30 September 2007

Top 10 holdings (alphabetically):  
                          
ALL AMERICA LATINA LOGISTICA   
AMBEV CIA DE BEBIDAS           
AMERICA MOVIL                  
BANCO BRADESCO                 
CVRD                           
PETROLEO BRASILEIRO            
TENARIS                        
UNIBANCO UNIAO BCO             
USIMINAS                         
WAL-MART DE MEXICO             
 
Other holdings over 5%:

n/a

Holdings in restricted UK listed investment companies:

n/a


2 October 2007