REG-BlackRock Investment Trusts: Net Asset Value(s)

NET ASSET VALUE

MERRILL LYNCH GREATER EUROPE INVESTMENT TRUST PLC

The unaudited net asset value for Merrill Lynch Greater Europe Investment Trust
plc at close of business on 21 January 2008 was:

166.98p Capital only (undiluted)

166.95p Capital only (Treasury Shares)

166.87p Including current year income (undiluted)

166.85p Including current year income (diluted NAV incorporating treasury
shares)

Notes:

1. Investments have been valued on a bid price basis.

2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.

3. The undiluted net asset value above has been calculated based on 115,117,791
ordinary shares.

4. 4,885,076 shares which were held in treasury following the implementation of
the tender offer on 4 June 2007 have now been cancelled. The resultant issued
share capital of the company is now 115,117,791 ordinary shares (excluding
4,726,178 ordinary shares held in Treasury following the November 2007 Tender
Offer).

5. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts, see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

NET ASSET VALUE

MERRILL LYNCH WORLD MINING TRUST PLC

The unaudited net asset value for Merrill Lynch World Mining Trust plc at close
of business on 21 January 2008 was:

680.16p Capital only (undiluted)

689.04p Including current year income (undiluted)

648.01p Capital only (diluted for warrants)

655.48p Including current year income (diluted for warrants)

Notes:

1. Investments have been valued on a bid price basis.

2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.

3. The Merrill Lynch World Mining Trust plc diluted NAV has been calculated
based on 29,814,855 warrants in issue.

4. 200,000 ordinary shares were purchased on 20 December 2007, bringing the
total amount of ordinary shares held in treasury to 14,442,800.

5. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts, see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

NET ASSET VALUE

MERRILL LYNCH NEW ENERGY TECHNOLOGY PLC

The unaudited net asset value for Merrill Lynch New Energy Technology plc at
close of business on 21 January 2008 was:

60.12p

Notes:

1. Under the investment management agreement dated 14 December 2006, a
performance fee is payable based on outperformance of the Company's benchmark
index if the Company's NAV reaches a highwatermark of 55.58p. In accordance
with the AIC statement of Recommended Practice, the above NAV includes any
relevant performance fee provisions to the extent that the highwatermark has
been attained. The NAV prior to the calculation of any performance fee
accruals, for the purpose of assessing the highwatermark, amounted to 60.12p.

2. Investments have been valued on a bid price basis.

3. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.

4. Merrill Lynch New Energy Technology plc issued 850,000 ordinary shares on 19
July 2007 to a market participant at 69.125 pence per share representing 0.35%
of the ordinary shares in issue. The number of shares issued under the current
authority totals 1,950,000.

5. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts, see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

NET ASSET VALUE

MERRILL LYNCH BRITISH SMALLER COMPANIES TRUST PLC

The unaudited net asset value for Merrill Lynch British Smaller Companies Trust
plc at close of business on 21 January 2008 was:

370.34p (capital only and including debt at par value)

364.60p (capital only and including debt at fair value)

370.34p (capital only and including debt at par value - diluted for treasury
shares)

364.60p (capital only and including debt at fair value - diluted for treasury
shares)

Notes:

1. Investments have been valued on a bid price basis.

2. 100,000 ordinary shares purchased on 15 January 2008, bringing the total
amount of ordinary shares held in treasury to 1,483,815.

3. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts, see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).

NET ASSET VALUE

MERRILL LYNCH COMMODITIES INCOME INVESTMENT TRUST PLC

The unaudited net asset value for Merrill Lynch Commodities Income Investment
Trust plc at close of business on 21 January 2008 was:

139.18p Capital only (undiluted)

139.70p Including current year income (undiluted) - XD

139.18p Capital only (diluted NAV incorporating treasury shares)

139.70p Including current year income (diluted NAV incorporating treasury
shares) - XD

Notes:

1. Investments have been valued on a bid price basis.

2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.

3. The unaudited NAV above has been calculated based on 69,610,662 excluding
shares held in Treasury.

4. Following the implementation of the Tender Offer on 5 September 2007
5,989,338 shares are now held in Treasury.

5. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts, see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3)

NET ASSET VALUE

MERRILL LYNCH LATIN AMERICAN INVESTMENT TRUST PLC

The unaudited net asset value for Merrill Lynch Latin American Investment Trust
PLC at close of business on 21 January 2008 was:

913.54c per share (US cents) - Capital only

469.74p per share (pence sterling) - Capital only

924.99c per share (US cents) - including current year income

475.63p per share (pence sterling) - including current year income

Notes:

1. Investments have been valued on a bid price basis.

2. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.

3. The net asset value above has been calculated based on 47,789,753 ordinary
shares following the cancellation of 7,818,306 shares as a result of the tender
offer in October 2006.

4. For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts, see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3)

END