Holding in Company

Mercury World Mining Trust PLC 4 September 2000 1 Name of company: Mercury World Mining Trust plc 2 Name of shareholder having a major interest: Mercury Asset Management Ltd and other companies in the Merrill Lynch Group, including Merrill Lynch & Co., Inc. 3 Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18: Non-beneficial 4 Name of registered holder(s) and, if more than one holder, the number of shares held by each of them: Nutraco Nominees Limited (Designated and Undesignated) 12,997,229 Nortrust Nominee Limited (Designated and Undesignated) 5,188,000 Chase Nominee Limited 1,292,000 ---------- 19,477,229 5 Number of shares/amount of stock acquired: n/a 6 Percentage of issued class: n/a 7 Number of shares/amount of stock disposed: 2,007,718 8 Percentage of issued class: 1.1% 9 Class of security: Ordinary 5p each 10 Date of transaction: 31st August 2000 11 Date company informed: 4th September 2000 12 Total holding following this notification: 19,477,229 13 Total percentage holding of issued class following this notification: 10.71% 14 Contact name for queries: Miss A J Marsh 15 Contact telephone number: 020 7743 5430 16 Name of company official responsible for making notification: Miss A J Marsh for Mercury Asset Management Group Services Ltd Secretary 17 Date of notification: 4th September 2000
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