Portfolio update

Advance Focus Fund Limited announces that its top ten holdings as at 30 June 2006 were as follows:- Alphameric PLC Brewin Dolphin Holdings PLC Compass PLC Crest Nicholson PLC Filtronic PLC Liontrust Asset Management PLC London Merchant Securities PLC Photo-Me International PLC UK Coal PLC UMBRO PLC Visit our website at http://www.pro-asset.com/ ---END OF MESSAGE---
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