Holding(s) in Company

City Natural Res High Yield Tst PLC
27 February 2004


27 February 2004

City Natural Resources High Yield Trust plc

Notifiable Holding

City Natural Resources High Yield Trust plc ('the Company') has today, 27
February 2004, been notified that City of London Investment Management Company
Limited is interested in 16,339,946 Ordinary 25p shares, representing 26.00% of
the issued share capital.

The breakdown of registered holders is as follows:

Name of Company         Registered Name    No. of        Percentage of
                                           Shares        issued share
                                                         cap.
The Emerging Markets    Mellon UK           4,752,890             7.56%
Country Fund            Nominees Ltd A/C
                        BSDTUSD
Jap & Co                State Street Bank     464,016             0.74%
                        and Trust
                        Company
Airhorn & Co            State Street Bank   1,160,040             1.85%
                        and Trust
                        Company
Emerging (Free)         Mellon UK           1,745,714             2.78%
Markets Country Fund    Nominees Ltd A/C
                        BSDTUSD
GFM Emerging Markets    Mellon UK             622,286             0.99%
Country Fund            Nominees Ltd A/C
                        BSDTUSD
Tradex Global Equity    Mellon UK              93,143             0.15%
Fund                    Nominees Ltd A/C
                        BSDTUSD
The Emerging World      Mellon UK           2,538,071             4.04%
Fund                    Nominees Ltd A/C
                        BSDTUSD
The Investable          Mellon UK           4,963,786             7.90%
Emerging Markets        Nominees Ltd A/C
Country Fund            BSDTUSD
               Total                       16,339,946            26.00%






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