Re Agreement

    Bladex Signs Cooperation Agreement with China Development Bank 
 
    PANAMA CITY, May 18 -- Banco Latinoamericano de Exportaciones, S.A.
("Bladex") (NYSE: BLX), announced today the signing of a Cooperation
Agreement with the China Development Bank ("CDB") geared around developing
common objectives and opportunities with a focus on trade and infrastructure
projects in Latin America.  Both banks will work together to identify sound
banking opportunities within each bank's areas of expertise, which will
contribute to sustained social and economic development, including those
related to infrastructure, utilities, the environment, and the support 
of small and medium-sized business programs. 
    Mr. Zhao Jian Ping, Assistant Governor of the China Development Bank, 
stated, "As a development financial institution, CDB is looking forward to 
develop financial cooperation with local government bodies, private companies 
and financial institutions in Latin America.  CDB is pleased to be part of the 
economic and social development of Latin America, in addition to working with 
a first-class institution such as Bladex." 
    Mr. Jaime Rivera, Chief Executive Officer of Bladex, stated, "Bladex is 
committed to fostering trade and enhancing business flows between China and 
Latin America as a means of fulfilling its commitment to the well-being of our 
Region while adding significant value to our company.  To do so working in 
association with an institution as important and prestigious as China 
Development Bank is an honor and a special privilege." 
    For further information, please access our web site on the Internet at 
http://www.blx.com or contact: 
 
    Bladex, Head Office,  
    Calle 50 y Aquilino de la Guardia, Panama City, 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-                             05/18/2007 
    /CONTACT:  In Panama, Carlos Yap, Senior Vice President - Finance, Banco 
Latinoamericano de Exportaciones, [phone], [e-mail]; or Melanie 
Carpenter or Peter Majeski, both of i-advize Corporate Communications, Inc., 
[phone], or [e-mail], for Banco Latinoamericano de 
Exportaciones/ 
    /Web site:  http://www.blx.com / 
    (BLX) 




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