MLW Mer.L.World Mng

    MERRILL LYNCH WORLD MINING TRUST PLC

Interim Management Statement - 3 months to 31 March 2008

To the members of Merrill Lynch 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 January 2008 to
31 March 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 January, February and March
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 Merrill Lynch Investment Managers.

Stock Performance

Cumulative Performance (%):
                                   One      Three        One       Five
                                 Month     Months       Year      Years
                                                                       
Net Asset Value (undiluted)      -9.6%      -2.9%      37.7%     514.0%
Share Price                      -2.6%       2.1%      32.4%     493.0%
HSBC Global Mining Index         -7.8%       0.9%      39.8%     405.8%

All performance figures are in sterling terms on a total return basis.

Ten Largest Equity Holdings at 31 March 2008

Alcoa
BHP Billiton
Bumi Resources
Eramet
Impala Platinum
Industrias Penoles
Minas Buenaventura
Rio Tinto
Teck Cominco
Vale

Financial position and performance as at 31 March 2008

Gross Assets (�m)                           1,382
Short term borrowings (�m)                    nil
                                                 
Undiluted Net Asset Values:                      
Net asset value-Cum Income               776.17p*
Net asset value-Capital Only             773.77p*
                                                 
Diluted Net Asset Values:                        
Net asset value-Cum Income                766.09p
Net asset value-Capital Only              763.81p
                                                 
Share Price                               663.00p
                                                 
Ordinary Shares in Issue*             178,567,729
                                                 
Gearing                                       nil
                                                 
Discount to NAV**                          13.20%

*excluding treasury shares
**based on diluted capital only NAV

Material Events

There were no material events throughout the period.

Material Transactions

During the period, 20,867,250 warrants to subscribe for new ordinary shares
were exercised at an exercise price of 478p per share.

Since the end of the period 50,000 shares were bought back and placed in
treasury. Following this transaction, the total number of ordinary shares in
issue, excluding shares held by the Company in treasury, is 178,517,729.

The Board is not aware of any material events or transactions, except as
disclosed herein, occurring between 31 March 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

10 April 2008



END

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