Portfolio update

Advance Focus Fund Limited announces that its top ten holdings as at 30 September 2007 were as follows:- Aero Inventory plc UK Coal plc Liontrust Asset Management plc BP plc Brewin Dolphin Holdings plc Hiscox plc Compass Group plc Abbot Group plc Anite Group plc Wolfson Microelectronics plc No other investments were held on 30 September 2007 which represented more than 5% of gross assets. ---END OF MESSAGE---
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