Holding(s) in Company

City Natural Res High Yield Tst PLC
19 September 2003


19 September 2003


City Natural Resources High Yield Trust plc

Notifiable Holding

City Natural Resources High Yield Trust plc ('the Company') has today, 19
September 2003, been advised that City of London Investment Management Company
Limited are interested in 5,711,375 Ordinary 25p shares in the Company,
representing 28.56% of the issued share capital.

The breakdown of holdings is as follows:

Beneficial Owner           Registered Name               Number of Shares      Percentage of Issued
                                                                               Share Capital

The Global Emerging        Mellon UK Nominees Ltd A/C    1,886,375             9.43%
Markets Country Fund       BSDTUSD

The Emerging World Fund    Barfield Nominees Ltd A/C     1,337,500             6.69%
                           12277

The Investable Emerging    Mellon UK Nominees Ltd A/C    2,487,500             12.44%

Markets Country Fund       BSDTUSD

Total                                                    5,711,375             28.56%


                      This information is provided by RNS
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