Holding in Company

Merrill Lynch World Mining Tst PLC
22 March 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:

     Reed Elsevier Pension Trustee 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:

     Beneficial

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

     BT Globenet Nominees a/c RPS

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:

     N/A

8) Percentage of issued class:

     N/A

9) Class of security:

     Ordinary shares of 5p each

10) Date of transaction:

     N/A

11) Date company informed:

     N/A

12) Total holding following this notification:

     5,700,000

13) Total percentage holding of issued class following this notification:

     3.37%

14) Any additional information:

     No change in holding; the reduction in the number of shares in issue due
     to the purchase and cancellation of shares by the Company has resulted in 
     it going above 3%.

15) Name of contact and telephone number for queries:

     Miss D A Fish - 020 7743 5153

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


        Miss D A Fish

        For Merrill Lynch Investment Managers Group Services Limited
        Secretary

17) Date of notification:


        22 March 2001