MNE Merrill L.N.EN.

    Merrill Lynch New Energy Technology plc

Results of General Meeting

Following a General Meeting which was held today, we are pleased to announce
that the two special resolutions put to shareholders were passed:

(Special Resolution 1). To approve the change of name of the Company to
BlackRock New Energy Investment Trust plc. It is expected that the change of
name will be effected on 25 April 2008.

(Special Resolution 2). To amend the Company's Articles of Association.

Under listing rule 9.6.2 a copy of the resolutions has been submitted to the UK
Listing Authority, and will shortly be made available via the UK Listing
Authority's Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

Tel. No. (0)20 7066 1000

The minimum number of proxy votes received in favour of the resolutions was
98.51%.

17 April 2008



END

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