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: ( )

    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) : Acquisition of Advance Emerging Capital Limited on 29
    December 2015 ( X )

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

                Aberdeen Asset Managers Limited (and/or acting for its affiliates)
    as discretionary investment manager on behalf of multiple managed portfolios

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

                Advance Developing Markets Fund Ltd

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

                29 December 2015

    (6). Date on which issuer notified:

                11 January 2016

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

                5%

    (8). Notified details:

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

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

    Situation previous to the triggering transaction(vi):
         Number of Shares:  451,241
         Number of Voting rights(viii):  451,241

    Resulting situation after the triggering transaction(vii):
         Number of shares:
              Direct:  2,123,584
         Number of voting rights (ix):
              Direct (x):  n/a
              Indirect (xi):  2,123,584

    % of voting rights(x):
         Direct:  n/a
         Indirect:  5.39%

    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:  2,123,584

    % of voting rights:  5.39%

    (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:

                n/a

    (11). Number of voting rights proxy holder will cease to hold:

                n/a

    (12). Date on which proxy holder will cease to hold voting rights:

                n/a

    (13). Additional information:


    (14). Contact name:

                Barbara Powley
                For BlackRock Investment Management (UK) Limited
                Secretary

    (15). Contact telephone number:

                020 7743 5610


    11 January 2016