Tender Offer

Merrill Lynch Commodities Income IT
19 June 2006



             MERRILL LYNCH COMMODITIES INCOME INVESTMENT TRUST PLC

                                  TENDER OFFER



19 June 2006



The Board of Merrill Lynch Commodities Income Investment Trust plc announces
that in view of the fact that since launch, the Company's shares have usually
traded at a premium to net asset value with the current premium amounting to
5.4%, the Board will not on this occasion be exercising its discretion to
implement a tender offer as at 31 August.



Enquiries:

Barbara Powley
Merrill Lynch Investment Managers Group Services Limited, Secretary
Telephone: [phone]




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