Advance Focus Fund Limited announces that its top ten holdings as at
31 December 2005 were as follows:-
UMBRO PLC
Kensington Group PLC
Bradford & Bingley PLC
London Merchant Securities PLC
Hiscox PLC
Brewin Dolphin Holdings PLC
Liontrust Asset Management PLC
Woolworths Group PLC
Crest Nicholson PLC
BRIT Insurance Holdings PLC
In addition to those above, the following other investments
represented greater than 5% of gross assets:-
Compass Group PLC
UK Coal PLC
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