Dividend Declaration

    Bladex Announces Quarterly Dividend Payment for First Quarter 2007 
 
    PANAMA CITY, March 20 -- Banco Latinoamericano de Exportaciones, S.A. 
(Bladex) (NYSE: BLX), reminds its shareholders that per the press release issued 
on February 15, 2007, the US$0.22 per share quarterly cash dividend 
corresponding to the first quarter of 2007 is payable on April 10, 2007, to 
stockholders of record as of March 30, 2007.   
    As of February 28, 2007, Bladex had 36,329,071.29 common shares 
outstanding of all classes. 
    Bladex is a supranational bank originally established by the Central Banks 
of Latin America and Caribbean countries to promote trade finance in the 
Region. Based in Panama, its shareholders include central and state-owned 
entities in 23 countries of the Region, as well as Latin American and 
international commercial banks, and institutional and retail investors.   
    For further information, please access our web site at http://www.blx.com 
or contact: 
 
    Bladex, Head Office, Calle 50 y Aquilino de la Guardia, Panama City, 
Republic of Panama 
    Attention:  Carlos Yap S., Senior Vice President - Finance  
Tel.: [phone], E-mail: [e-mail] 
 
    -or- 
 
    i-advize Corporate Communications, Inc., 82 Wall Street, Suite 805,  
    New York, NY  10005 
    Attention:  Melanie Carpenter / Peter Majeski 
    Tel.: [phone], E-mail:  [e-mail] 
 
SOURCE  Banco Latinoamericano de Exportaciones, S.A. 
    -0-                             03/20/2007 
    /CONTACT:  Carlos Yap S., Senior Vice President - Finance, Bladex,  
+011-507-210-8563, [e-mail], or Melanie Carpenter or Peter Majeski,  
[phone], [e-mail], both of i-advize Corporate 
Communications, Inc., for Bladex/ 
    /Web site:  http://www.blx.com / 
    (BLX) 




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