Portfolio Update

Merrill Lynch Commodities Income IT
04 January 2006

Merrill Lynch Commodities Income Investment Trust plc

As at 31 December 2005, Merrill Lynch Commodities Income Investment Trust plc
announces that it had no investments in other listed investment companies that
do not have a stated policy to invest no more than 15% of their gross assets in
other listed investment companies.


4 January 2006


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            The company news service from the London Stock Exchange