Dividend Declaration

City Natural Res High Yield Tst PLC
20 July 2006


To:       RNS
From:     City Natural Resources
Date:     20 July 2006
          

Fourth Interim Dividend

City Natural Resources High Yield Trust plc announces a fourth interim dividend
of 0.65 pence per share (2005: 0.5 pence) to be paid on 25 August 2006 to
shareholders on the register on 28 July 2006, having an ex-dividend date of 26
July 2006.

This makes for a total dividend of 2.15 pence per share for the year to 30 June
2006, 7.5 per cent higher than the dividend for the year ended 30 June 2005.



For further information please contact:

Andrew Ferguson       New City Investment Managers Ltd, Tel: [phone]
Martin A Cassels      F&C Asset Management plc, 0131 465 1000



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