Net Asset Value(s)

City Natural Res High Yield Tst PLC
09 May 2007

To:                RNS
From:              City Natural Resources High Yield Trust plc
Date:              9 May 2007




Net Asset Value

The Company announces the following net asset values per ordinary share at the
close of business on 4 May 2007:


Diluted: 171.39p.
Basic: 176.81p.


For further information please contact:

Martin A Cassels
F&C Management Ltd
0207 628 8000




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