Blackrock World Mining Trust PLC — AGM Information 2012

Apr 19, 2012

BlackRock World Mining Trust ^plc ¹² Throgmorton Avenue

No. 2868209

THE COMPANIES ACT 2006

PUBLIC COMPANY LIMITED BY SHARES

ORDINARY AND SPECIAL RESOLUTIONS

of

BLACKROCK WORLD MINING TRUST ^plc

Passed 19 April 2012

At the Annual GeneraL Meeting of the Company held on Thursday ¹⁹ Apr11 2012, the foLlowing two ORDINARY resolutions and one SPECIAL resoLution of the Company were duLy passed under SpeciaL Business:

ORDINARY RESOLUTIONS

• 1. "That the Company shaLL continue in being as an investment trust.
• 1. "That, in substitution for aLL existing authorities, the Directors of the Company be and they are hereby generally and unconditionally authorised pursuant to section ⁵⁵¹ of the Companies Act ²⁰⁰⁶ (the "Act"), to exercise aLl. the powers of the Company to aLLot reLevant securities (as defined in that section) up to an aggregate nominaL amount of £443,218 (being 5% of the aggregate nominaL amount of the issued share capitaL, excluding treasury shares, of the Company at the date of this notice) provided this authority shall expire at the conclusion of the next AnnuaL GeneraL Meeting to be heLd in ²⁰¹³ but so that the Company may, before such expiry, make any offer or agreement which wouLd or might require reLevant securities to be aLLotted pursuant to any such offer or agreement as if the authority hereby conferred had not expired.

SPECIAL RESOLUTION

• 1. "That, in substitution for the Company's existing authority to make market purchases of ordinary shares of 5p in the Company ("Shares"), the Company be and it is hereby authorised in accordance with section ⁷⁰¹ of the Companies Act ²⁰⁰⁶ (the "Act") to make market purchases of Shares (within the meaning of section ⁶⁹³ of the Act) provided that:
• (a) the maximum number of Shares hereby authorised to be purchased is 26,575,357 (being the equivaLent of 14.99% of the Company's issued share capital, excLuding treasury shares, at the date of this notice);
• (b) the minimum price (exclusive of expenses) which may be paid for ^a Share shalt be 5p, being the nominaL vaLue per ordinary share;

• (c) the maximum price (exclusive of expenses) which may be paid for ^a Share shaLL be the higher of (i) 5% above the average of the market vaLues of the Shares for the five business days immediateLy preceding the date of the purchase as derived from the Daily OfficiaL List of the London Stock Exchange and (ii) the higher of the price quoted for (a) the last independent trade of, and (b) the highest current independent bid for, any number of Shares on the trading venue where the purchase is carried out; and

• (d) unLess renewed, the authority hereby conferred shaLL expire at the concLusion of the next Annual GeneraL Meeting of the Company in ²⁰¹³ save that the Company may, prior to such expiry, enter into ^a contract to purchase Shares which will or may be completed or executed wholly or partly after such expiry.

• ALL Shares purchased pursuant to the above authority shaLl be either:
• (i) held, soLd, transferred or otherwise dealt with as treasury shares in accordance with the provisions of the Act; or
• (ii) canceLled immediateLy upon completion of the purchase.

C DriscoLL for BLackRock Investment Management (UK) Limited Secretary

BRWMT/generaL/AGM ²⁰¹ 2/AGM Extracts ¹⁹⁰⁴¹² SpeciaL Resotutions.doc CD/mh