RNS Number:9143Q
Merrill Lynch New Energy Tech. PLC 
15 October 2003

MERRILL LYNCH NEW ENERGY TECHNOLOGY plc

Policy on investment in investment companies

In light of the recent publication of Investment Entities (Listing Rules and
Conduct of Business) Instrument 2003, the Board wishes to announce that it is
the Company's policy to invest no more than 15% of its gross assets in other
listed investment companies (including listed investment trusts).





By order of the Board

Miss H M Harvey

for Merrill Lynch Investment Managers Group Services Limited

Secretary

15 October 2003

Contact for queries: Miss H M Harvey, 020 7743 5307







rns/mlnet declaration of investment policy


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