Interim Management Statement

BLACKROCK WORLD MINING TRUST PLC Interim Management Statement - 3 months to 30 September 2008 To the members of BlackRock World Mining Trust plc This interim management statement has been produced solely to provide additional information to shareholders as a body to meet the relevant requirements of the UK Listing Authority's Disclosure & Transparency Rules. It should not be relied on by any other party for any other reason. This interim management statement relates to the period from 1 July 2008 to 30 September 2008, and contains information that covers this period, and up to the date of publication of this interim management statement. Please note more detailed performance information, in particular the July, August and September 2008 month end announcements are available on the Investment Manager's website- www.blackrock.co.uk/its. The Company's objective is to maximise total returns to shareholders through a world-wide portfolio of mining and metal securities. Up to 10% of the assets may be invested in physical metals. The Company is managed by Graham Birch of BlackRock Investment Management (UK) Limited. Stock Performance Cumulative Performance (%): One Three One Five Month Months Year Years Net Asset Value (undiluted) -29.8% -40.6% -35.1% 187.4% Share Price -30.3% -41.3% -35.4% 173.6% HSBC Global Mining Index -27.7% -38.2% -29.3% 162.2% All performance figures are in sterling terms on a total return basis. Ten Largest Equity Holdings at 30 September 2008 Alcoa African Rainbow Minerals BHP Billiton Bumi Resources Impala Platinum Minas Buenaventura OZ Minerals Rio Tinto Teck Cominco Vale Financial position and performance as at 30 September 2008 Gross Assets (£m) 922.37 Short term borrowings (£m) 23.08 Undiluted Net Asset Values: Net asset value-Cum Income 504.32p Net asset value-Capital Only 498.85p Diluted Net Asset Values: Net asset value-Cum Income 504.32p Net asset value-Capital Only 498.85p Share Price 416.75p Ordinary Shares in Issue* 178,317,729 Gearing 2.5% Discount to NAV** 16.46% *excluding treasury shares **based on diluted capital only NAV Material Events There were no material events throughout the period. Material Transactions During the period, 200,000 shares were bought back and placed in treasury. The Board is not aware of any material events or transactions, except as disclosed herein, occurring between 30 September 2008 and the date of publication of this interim management statement which would have a material impact on the financial position of the Company. Latest information is available by typing, www.blackrock.co.uk/its on the internet, "BLRKINDEX" on Reuters, "BLRK" on Bloomberg or "8800" on Topic 3 (ICV terminal). Contact details: Caroline Driscoll Secretary Tel: 020 7743 2427 31 October 2008
UK 100

Latest directors dealings