Statement re Portfolio and Gearing Update

BlackRock World Mining

Portfolio and gearing update

The Company's top ten holdings as at close of business on 7 October 2014 were
as follows:-

                                           % of NAV           
Glencore plc                                 12.61%            
Rio Tinto plc                                12.14%            
BHP Billiton plc                             11.10%            
First Quantum Minerals                       10.66%            
Freeport-McMoran                              7.76%             
Vale                                          3.85%             
Sociedad Minera                               3.53%             
China Shenhua Energy                          2.85%             
Fresnillo plc                                 2.85%             
Iluka Resources Ltd                           2.57%             

The Company's level of gearing as at close of business on 7 October 2014 was
13.2%.

Enquiries:

Evy Hambro 0207 743 4511
Jonathan Ruck Keene 0207 743 2178