Advance Focus Fund Limited announces that its top ten holdings as at
30 June 2005 were as follows:-
Alexon Group PLC
Cattles PLC
Communisis PLC
Crest Nicholson PLC
London Merchant Securities PLC
Nestor Healthcare Group PLC
Treasury Bills
Stanley Leisure PLC
UK Coal PLC
UMBRO PLC
No other investments were held on 30 June 2005 which represented
greater than 5% of gross assets.
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