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

25 July 2008

During a volatile period when investment trust discounts generally have
averaged 10.7%, ours has averaged 2.2% in the financial year to date. Over the
period since the beginning of the financial year the shares have, each month,
traded from time to time below a 2 per cent discount and at times at a premium
to NAV. In June the discount averaged 2% and in the month to date the average
discount has widened to 3.0%. 

Against this background and given the current liquidity of the Shares the Board
has decided not to implement the next tender offer which would otherwise have
taken place at the end of September but will continue to pay close attention to
the rating of the shares in the market and trading activity and where necessary
will implement buybacks.

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