Top 10 Holdings-January 2004

Merrill Lynch World Mining Tst PLC
03 February 2004

Merrill Lynch World Mining Trust plc
As at 31 January 2004
Top 10 holdings:                                     %



VALE RIO DOCE                                        7.1
RIO TINTO                                            6.6
MINA BUENAVENTURA                                    6.1
BHP BILLITON                                         5.3
ABER DIAMOND                                         4.8
IMPALA PLATINUM MINES                                4.6
FALCONBRIDGE LIMITED                                 4.6
ALUMINA                                              4.4
ALUMINIUM CORPORATION OF CHINA                       3.8
INCO LIMITED                                         3.7



Other holdings over 5%:

n/a


Holdings in restricted UK listed investment companies:

n/a




3 February 2004


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