Holding(s) in Company

Merrill Lynch World Mining Tst PLC
3 May 2002

                                  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:

     Lazard Asset Management

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

     Lazard Asset Management

5) Number of shares/amount of stock acquired:

     841,500

6) Percentage of issued class:

     0.51%

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:

     1 May 2002

11) Date company informed:

     3 May 2002

12) Total holding following this notification:

     13,175,900

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

     8.08%

14) Name of contact and telephone number for queries:

     Miss D A Fish - 020 7743 5153

15) 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

16) Date of notification:


        3 May 2002


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