Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): BlackRock World Mining Trust plc (2). Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights: (X) An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) (3). Full name of person(s) subject to the notification obligation (iii): City of London Investment Management Company Limited (4). Full name of shareholder(s) (if different from 3.) (iv): (5). Date of the transaction and date on which the threshold is crossed or reached (v): 28 March 2012 (6). Date on which issuer notified: 30 March 2012 (7). Threshold(s) that is/are crossed or reached (vi, vii): 11 % (8). Notified details: A: Voting rights attached to shares (viii, ix): Class/type of shares (if possible using the ISIN code): GB0005774855 Situation previous to the triggering transaction: Number of Shares: 19,483,840 Number of Voting rights: 19,483,840 Resulting situation after the triggering transaction: Number of shares (Direct): 19,553,414 Number of voting rights: Direct (xi): Indirect (xii): 19,553,414 % of voting rights (x): Direct: Indirect: 11.03 % B. Qualifying Financial Instruments Resulting situation after the triggering transaction: Type of financial instrument: Expiration date (xiii): Exercise/Conversion Period (xiv): Number of voting rights that may be acquired if the instrument is exercised/ converted: % of voting rights: C. Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv, xvi) Resulting situation after the triggering transaction Type of financial instrument: Exercise price: Expiration date (xvii): Exercise/Conversion period (xviii): Number of voting rights instrument refers to: % of voting rights (xix, xx): Nominal: Delta: Total (A + B + C): Number of voting rights: 19,553,414 Percentage of voting rights: 11.03% (9). Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi): All voting rights on all shares are controlled by City of London Investment Management Limited. Proxy Voting: (10). Name of the proxy holder: City of London Investment Management Company Limited (11). Number of voting rights proxy holder will cease to hold: (12). Date on which proxy holder will cease to hold voting rights: (13). Additional information: Based on shares outstanding of 177,287,242 (14). Contact name: Jay McKenna or Chris Weaver (15). Contact telephone number: 0207 860 8329 30 March 2012
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