NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
    RESPONSIBILITY AND CONNECTED PERSONS

    1.         Name of Issuer

    BlackRock Latin American Investment Trust plc

    2.         State whether the notification relates to (i) a transaction notified
    in accordance with DR 3.1.2R; or (ii) a disclosure made in accordance with LR
    9.8.6R(1); or a disclosure made in accordance with section 793 of the Companies
    Act 2006.

    Disclosure in accordance with (i) above

    3.         Name of person discharging managerial responsibilities/director.

    Dr Mahrukh Doctor

    4.         State whether notification relates to a person connected with a
    person discharging managerial responsibilities/director named in 3 and identify
    the connected persons.

    Notification re director named in 3

    5.         Indicate whether the notification is in respect of a holding of the
    person referred to in 3 or 4 above or in respect of a non-beneficial interest.

    Holding of the director referred to in 3

    6.         Description of shares (including class), debentures or derivatives
    or financial instruments relating to shares.

    Ordinary shares of 10 cents each

    7.         Name of registered shareholder(s) and, if more than one, the number
    of shares held by each of them.

    Nutraco Nominees

    8.         State the nature of the transaction.

    Purchase of shares by director (dividend reinvestment)

    9.         Number of shares, debentures or financial instruments relating to
    shares acquired

    20

    10.       Percentage of issued class acquired (treasury shares or that class
    should not be taken into account when calculation percentage).

    0.00005%

    11.       Number of shares, debentures or financial instruments relating to
    shares disposed.
     

    n/a

    12.       Percentage of issued class disposed (treasury shares or that class
    should not be taken into account when calculation percentage).

    n/a

    13.       Price per share or value of transaction.

    301.48p

    14.        Date and place of transaction.

    7 October 2015, London

    15.       Total holding following notification and total percentage holding
    following notification (any treasury shares should not be taken into account
    when calculating percentage).

    668 (0.002%) Ordinary shares of 5 cents each

    16.       Date issuer informed of transaction.

    8 October 2015

    17.        Date of grant.

    N/A

    18.       Period during which or date on which it can be exercised.

    N/A

    19.       Total amount paid (if any) for grant of the option.

    N/A

    20.       Description of shares or debentures involved (class and number).

    N/A

    21.       Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at the time of the exercise.

    N/A

    22.       Total number of shares or debentures over which option held following
    notification.

    N/A

    23.       Any additional information.

    N/A

    24.       Name of contact and telephone number for queries.

    Mrs A B Powley
    Company Secretary
    BlackRock Investment Management (UK) Limited

    Tel: 0207 743 2427
     

    Date: 13 October 2015