Director Shareholding

Merrill Lynch World Mining Tst PLC
06 April 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1.  Name of company

    Merrill Lynch World Mining Trust plc

2) Name of director

   Andrew Buxton

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

Above named director

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

Andrew Buxton


5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

N/A

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary of ordinary shares

Purchase of warrants

7) Number of shares/amount of stock acquired

80,000 warrants

8) Percentage of issued class

0.24%

9) Number of shares/amount of stock disposed

N/A

10) Percentage of issued class

N/A

11) Class of security

warrants

12) Price per warrant

12p

13) Date of transaction

1 April 2004

14) Date company informed

5 April 2004

15) Total holding following this notification

8,000 ordinary shares

81,600 warrants

16) Total percentage holding of issued class following this notification

0.004% of ordinary shares

0.25% of warrants

17) Any additional information

None

18) Contact name for queries

Miss A J Marsh

19) Contact telephone number

020 7743 5430

20) Name of authorised company official responsible for making notification

Miss A J Marsh, Merrill Lynch Investment Managers Group Services Limited
Secretary


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