Blackrock World Mining Trust PLC — AGM Information 2014

May 8, 2014

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BLACKROCK WORLD MINING TRUST PLC - Interim Management Statement

PR Newswire

London, May 8

Interim Management Statement - 3 months to 31 March 2014To the members of BlackRock World Mining Trust plc.This interim management statement has been produced solely to provideadditional information to shareholders as a body to meet the relevantrequirements of the UK Listing Authority's Disclosure and Transparency Rules.It should not be relied on by any other party for any other reason.This interim management statement relates to the period from 1 January 2014 to31 March 2014, and contains information that covers this period, and up to thedate of publication of this interim management statement.The Company's objective is to maximise total returns to shareholders through aworld-wide portfolio of mining and metal securities. Up to 20% of the assetsmay be invested in investments other than quoted securities, including unquotedequities and bonds and royalties. The Company is managed by Evy Hambro andCatherine Raw of BlackRock Investment Management (UK) Limited.Stock PerformanceCumulative Performance: One Three One Three Five Month Months Year Years YearsNet Asset Value (undiluted) -2.7% -1.0% -18.1% -43.2 40.7%Share Price -5.3% 2.4% -7.8% -35.2 57.9%Euromoney Global Mining Index -1.5% 0.9% -17.8% -43.8 24.7%All performance figures are in sterling terms on a total return basis.Source: BlackRock, Euromoney Global Mining Index, DatastreamTen Largest Holdings at 31 March 2014Company % Total AssetsRio Tinto 11.6BHP Billiton 11.0GlencoreXstrata 9.7London Mining Marampa Contract 6.7Freeport McMoRan 5.7First Quantum Minerals 4.7Vale 3.5Iluka Resources 2.4Fresnillo 2.4Industrias Penoles 2.2Financial position and performance as at 31 March 2014Gross Assets (£m) £979.3Short term borrowings (£m) £126.5Undiluted Net Asset Values:Net asset value-Cum Income* 481.02pNet asset value-Capital Only 475.95p*includes net revenue of 5.07pShare Price 462.90pOrdinary Shares in Issue** 177,287,242Gearing 14.8%Discount to NAV*** 3.8%Net yield**** 4.5%**excluding 15,724,600 shares held in treasury***including current period income****based on interim dividend of 7.00p and final dividend of 14.00p per sharein respect of the year ended 31 December 2013Material Events & TransactionsThe Board is not aware of any other material events or transactions, except asdisclosed herein, occurring between 31 March 2014 and the date of publicationof this interim management statement which would have a material impact on thefinancial position of the Company.Annual ReportThe Company announced its annual results for the year ended 31 December 2013 on20 February 2014.Annual General MeetingAt the Company's Annual General Meeting held today, the Board announced thatall resolutions put to shareholders were passed on a vote on a show of hands.Final DividendA final dividend in respect of the year ended 31 December 2013 of 14.00p perordinary share was recommended by the directors. Shareholders approved theresolution in respect of the dividend at the Annual General Meeting today andthe dividend will be paid on 15 May 2014 to shareholders on the register on7 March 2014 (ex dividend date 5 March 2014).Change in NAV and Share PriceThe Company announces its NAV on a daily basis, which can be accessed viahttp://www.blackrock.co.uk/brwm, under the "Announcements" tab.For the period 1 April 2014 to 7 May 2014 the Company's NAV decreased by 0.5%and the share price has fallen by 0.7%.The unaudited cum-income net asset value for BlackRock World Mining Trust plcat the close of business on 7 May 2014 was 478.80 pence and the share price was459.70 pence.Contact details:Caroline DriscollSecretaryTel: 020 7743 24278 May 2014ENDSPlease note more detailed performance information is available on theInvestment Manager's website: www.blackrock.co.uk/brwm. Neither the contents ofthe Manager's website not the contents of any website accessible fromhyperlinks on the Manager's website (or any other website) is incorporatedinto, or forms part of, this announcement.