Portfolio Update

Merrill Lynch World Mining Tst PLC
04 January 2006

Merrill Lynch World Mining Trust plc
As at 31 December 2005
Top 10 holdings:



ALUMINA
BHP BILLITON
CVRD
FALCONBRIDGE
FIRST QUANTUM MINERALS
IMPALA PLATINUM
MINAS BUENAVENTURA
RIO TINTO
TECK COMINCO
ZINIFEX LTD



Other holdings over 5%:

n/a


Holdings in restricted UK listed investment companies:

n/a




4 January 2006


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