Interim Management Statement

BLACKROCK WORLD MINING TRUST PLC Interim Management Statement - 3 months to 30 September 2010 To the members of BlackRock World Mining Trust plc This interim management statement has been produced solely to provide additional information to shareholders as a body to meet the relevant requirements of the UK Listing Authority's Disclosure & Transparency Rules. It should not be relied on by any other party for any other reason. This interim management statement relates to the period from 1 July 2010 to 30 September 2010, and contains information that covers this period, and up to the date of publication of this interim management statement. Please note more detailed performance information is available on the Investment Manager's website-www.blackrock.co.uk/its. The Company's objective is to maximise total returns to shareholders through a world-wide portfolio of mining and metal securities. Up to 10% of the assets may be invested in physical metals. The Company is managed by Evy Hambro of BlackRock Investment Management (UK) Limited. Stock Performance Cumulative Performance: One Three One Five Month Months Year Years Net Asset Value (undiluted) 13.1% 21.2% 32.4% 125.7% Share Price 8.6% 13.9% 27.4% 111.6% HSBC Global Mining Index 10.9% 16.1% 27.6% 147.6% All performance figures are in sterling terms on a total return basis. Ten Largest Holdings at 30 September 2010 (in alphabetical order) BHP Billiton First Quantum Minerals Fresnillo Glencore Finance (Europe) 5% 31/12/14 Impala Platinum Minas Buenaventura Newcrest Mining Rio Tinto Teck Resources Vale Financial position and performance as at 30 September 2010 Gross Assets (£m) £1,381.07 Short term borrowings (£m) £24.75 Undiluted Net Asset Values: Net asset value-Cum Income 763.96p Net asset value-Capital Only 757.47p Share Price 625.50p Ordinary Shares in Issue* 177,537,242 Gearing 1.8% Discount to NAV** 17.4% *excluding treasury shares **based on capital only NAV Material Events & Transactions During the period, 225,000 shares were bought back and placed in treasury. The Board is not aware of any material events or transactions, except as disclosed herein, occurring between 30 September 2010 and the date of publication of this interim management statement which would have a material impact on the financial position of the Company. Latest information is available by typing, www.blackrock.co.uk/its on the internet, "BLRKINDEX" on Reuters, "BLRK" on Bloomberg or "8800" on Topic 3 (ICV terminal). Half Yearly Financial Report The Company announced its half yearly financial results for the six months ended 30 June 2010 on 11 August 2010. Contact details: Barbara Powley Secretary Tel: 020 7743 5610 12 November 2010
UK 100

Latest directors dealings