BANCO LATINOAMERICANO DE EXPORTACIONES S.A. - Dividend Declaration Bladex: Regarding Special Dividend of US$2.00 per Share and Common Quarterly Dividend of US$0.15 per Share PANAMA CITY, March 24 -- Banco Latinoamericano de Exportaciones, S.A. (NYSE: BLX) ("Bladex" or "the Bank") reminds its shareholders that as stated in the press release issued February 4, 2005, the special cash dividend of US$2.00 per common share, or $77.8 million, is payable on April 11, 2005 to shareholders of record as of March 28, 2005, along with the common quarterly dividend. The amount of the common quarterly dividend is US$0.15 per share. As of January 31, 2005, Bladex had 38,897,079 shares of common stock of all classes outstanding. 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, Republic of Panama Attention: Carlos Yap S., Senior Vice President - Finance Tel.: (507) 210-8581, E-mail: cyap@blx.com -or- i-advize Corporate Communications, Inc. 80 Wall Street, Suite 515, New York, NY 10005 Attention: Melanie Carpenter / Peter Majeski Tel.: (212) 406-3690, E-mail: bladex@i-advize.com SOURCE Banco Latinoamericano de Exportaciones, S.A. -0- 03/24/2005 /CONTACT: Carlos Yap S., Senior Vice President, Finance, Bladex, +011-507-210-8581, or cyap@blx.com; or Melanie Carpenter or Peter Majeski, both of i-advize Corporate Communications, Inc., +1-212-406-3690, or bladex@i-advize.com/ /Web site: http://www.blx.com / (BLX) END DATASOURCE: BANCO LATINOAMERICANO DE EXPORTACIONES S.A.

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