Dividend Declaration

City Natural Res High Yield Tst PLC
27 January 2005

To:                RNS
From:              City Natural Resources High Yield Trust plc
Date:              27 January 2005


Second Interim Dividend


City Natural Resources High Yield Trust plc announces a second interim dividend
of 0.5 pence per share (2004: 0.5 pence) to be paid on 25 February 2005 to
shareholders on the register on 4 February 2005, having an ex-dividend date of 2
February 2004.



Enquiries:



Richard Lockwood,     Midas Capital Partners Ltd,    Tel: [phone]
Martin A Cassels,     F&C Asset Management plc, Tel: [phone]



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