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):

BlackRock Latin American Investment Trust plc

(2). Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights: ( X )

An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are
attached: ( )

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : ( )

(3). Full name of person(s) subject to the notification obligation (iii):

Lazard Asset Management LLC

(4). Full name of shareholder(s) (if different from 3.) (iv):

Bank of New York - Global Custody
J.P. Morgan Chase - Swift
Mellon Trust
Morgan Stanley Prime Brokerage
Northern Trust Co
State Street Bank - Custodian - ETC
State Street Bank - Master Tr - ETC
State Street Bank - Custody Master Trust

(5). Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

18 December 2014

(6). Date on which issuer notified:

19 December 2014

(7). Threshold(s) that is/are crossed or reached:

Decrease from 5% to 4%

(8). Notified details:

A: Voting rights attached to shares (viii) (ix)

Class/type of shares (if possible using the ISIN code): GB0005058408

Situation previous to the triggering transaction(vi):
Number of Shares:
Number of Voting rights(viii): 1,996,742

Resulting situation after the triggering transaction(vii):
Number of shares:
Direct:
Number of voting rights (ix):
Direct (x):
Indirect (xi): 1,920,552

% of voting rights(x):
Direct:
Indirect: 4.878%

B. Qualifying 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:

C. Financial Instruments with similar economic effect to Qualifying Instruments
(xv), (xvi)

Resulting situation after the triggering transaction:

Type of financial instrument:

Exercise Price:

Expiration date (xvii):

Exercise/Conversion Period/Date (xviii):

Number of voting rights instrument refers to:

% of voting rights (xix) (xx):

Nominal:
Delta:

Total (A + B + C):

Number of voting rights: 1,920,552

% of voting rights: 4.878%

(9). Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xv):

Lazard Asset Management LLC controls all the voting rights held of this issuer.

Proxy Voting:

(10). Name of the proxy holder:

N/A

(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:


(14). Contact name:

Barbara Powley
For BlackRock Investment Management (UK) Limited
Secretary

(15). Contact telephone number:

020 7743 5610

19 December 2014