Holding(s) in Company

Merrill Lynch World Mining Tst PLC
23 January 2004

                                  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:

     The Bank of New York Limited - Luxembourg Branch

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:

      MLIIF World Mining Fund

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:

      182,000

8) Percentage of issued class:

      0.11%

9) Class of security:

      Ordinary shares of 5p each

10) Date of transaction:

      20 January 2004

11) Date company informed:

      23 January 2004

12) Total holding following this notification:

      9,500,000

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

      5.83%

14) Name of contact and telephone number for queries:

      Miss H Harvey- 020 7743 5307

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

Miss H Harvey
For Merrill Lynch Investment Managers Group Services Limited
Secretary

16) Date of notification:

23 January 2004


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