Net Asset Value(s)

Merrill Lynch Commodities Income IT
28 March 2006


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 27 March 2006 was:

106.24p

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

2. For the latest daily net asset value, previous month and performance
statistics, asset allocation and ten largest holdings of the Merrill Lynch
Investment Trusts, see MLIMINDEX on Reuters or page 8800 on ICV (Topic 3).

3. Revenue items are included in Net Asset Value.

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


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