Portfolio Update

Merrill Lynch Commodities Income IT
02 March 2007

Merrill Lynch Commodities Income Investment Trust plc
As at 28 February 2007

Top 10 holdings:

ALCOA INC
BHP BILLITON
CHINA SHENHUA ENERGY
CVRD
FREEPORT-MCMORAN
JUBILEE MINES
RIO TINTO
SOUTHERN COPPER
VALERO ENERGY
ZINIFEX LIMITED


Other holdings over 5%:

n/a


Holdings in restricted UK listed investment companies:

n/a


2 March 2007


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