Dividend Declaration

MERRILL LYNCH COMMODITIES INCOME INVESTMENT TRUST PLC             

                  ANNOUNCEMENT OF QUARTERLY INTERIM DIVIDEND                   

18 March 2008

The Board of Merrill Lynch Commodities Income Investment Trust plc is pleased
to announce that the first quarterly interim dividend in respect of the year to
30 November 2008 of 1.3125p per ordinary share has been declared by the
Directors, payable on 25 April 2008 to holders of ordinary shares on the
register at the close of business on 28 March 2008 (ex dividend date is 26
March 2008).

Enquiries:

Barbara Powley

BlackRock Investment Management (UK) Limited, Secretary

Telephone: [phone]