BAN Banco Lat.8%Pfd

    Bladex Announces Quarterly Dividend Payment For Fourth Quarter 2006

    PANAMA CITY, Dec. 28 -- Banco Latinoamericano de Exportaciones, S.A. 
(Bladex) (NYSE: BLX), announced today that the $0.1875 per share quarterly 
cash dividend corresponding to the fourth quarter of 2006 and approved by 
the Board of Directors on January 31, 2006, is payable on January 18, 2007 
to stockholders of record as of January 8, 2007.
    As of November 30, 2006, Bladex had 36,329,071.53 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 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) 210-8563, E-mail: cyap@blx.com

    -or-

    i-advize Corporate Communications, Inc., 82 Wall Street, Suite 805,
    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-                             12/28/2006
    /CONTACT:  Carlos Yap S., Senior Vice President - Finance, Banco 
Latinoamericano de Exportaciones, +011-507-210-8563, or cyap@blx.com; or 
Melanie Carpenter or Peter Majeski, both of i-advize Corporate Communications, 
+1-212-406-3690, or bladex@i-advize.com, for Banco Latinoamericano de 
Exportaciones/
    /Web site:  http://www.blx.com /
    (BLX)






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