Dividend Declaration

Merrill Lynch Commodities Income IT
20 March 2007


             MERRILL LYNCH COMMODITIES INCOME INVESTMENT TRUST PLC

                   ANNOUNCEMENT OF QUARTERLY INTERIM DIVIDEND



20 March 2007



The Board of Merrill Lynch Commodities Income Investment Trust plc is pleased to
announce that a first quarterly interim dividend in respect of the year to 30
November 2007 of 1.125p per ordinary share has been declared by the Directors,
payable on 27 April 2007 to holders of ordinary shares on the register at the
close of business on 30 March 2007 (ex dividend date is 28 March 2007).

Enquiries:

Barbara Powley

BlackRock Investment Management (UK) Limited, Secretary

Telephone: [phone]




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