Net Asset Value(s)

NET ASSET VALUE

MERRILL LYNCH COMMODITIES INCOME INVESTMENT TRUST PLC

The unaudited net asset value for Merrill Lynch Commodities Income Investment
Trust plc at close of business on 4 September 2007 was:

131.48p Capital only
133.59p Including current year income

Notes:

1. Investments have been valued on a bid price basis.

2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.

3. The unaudited NAV above has been calculated based on 75,600,000 shares.

4. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts, see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3)