Holding in Company

Merrill Lynch World Mining Tst PLC
11 January 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Merrill Lynch World Mining Trust plc

2) Name of shareholder having a major interest

UBS Asset Management, Phillips & Drew Life Limited and UBS Asset Management
International Limited, subsidiaries of UBS Asset Management Holding (No.2)
Limited

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 holdings

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

65 holders, largest being:

Chase Nominees Limited A/C GMC3 11,269,209
Phildrew Nominees Limited A/C BTRGPS 2,609,211
Phildrew Nominees Limited A/C UT21 1,029,600
Phildrew Nominees Limited A/C SB 849,639

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

8,075,622

8) Percentage of issued class

4.74%

9) Class of security

Ordinary 5p shares

10) Date of transaction

15 November 2000

11) Date company informed

Notification arrived on 11 January 2001 due to going missing in transit

12) Total holding following this notification

27,302,153

13) Total percentage holding of issued class following this notification

16.05%

14) Any additional information



15) Name of contact and telephone number for queries

Miss A J Marsh

16) Name and signature of authorised company official responsible for
making this notification

Miss A J Marsh
for Merrill Lynch Investment Managers Group Services Limited
Secretary

Date of notification 11 January 2001