Top 10 Holdings - March 04

Merrill Lynch World Mining Tst PLC
02 April 2004

Merrill Lynch World Mining Trust plc
As at 31 March 2004

Top 10 holdings:                                     %

MINA BUENAVENTURA                                    7.48
RIO TINTO                                            5.87
BHP BILLITON                                         5.58
VALE RIO DOCE                                        5.47
FALCONBRIDGE LIMITED                                 5.39
IMPALA PLATINUM MINES                                4.34
ABER DIAMOND                                         4.15
ALUMINIUM CORPORATION OF CHINA                       4.03
ALUMINA                                              4.01
NORANDA                                              3.91

Other holdings over 5%:

n/a

Holdings in restricted UK listed investment companies:

n/a


2 April 2004


                      This information is provided by RNS
            The company news service from the London Stock Exchange