Holding(s) in Company

City Natural Res High Yield Tst PLC
05 February 2004


5 February 2004

City Natural Resources High Yield Trust plc

Notifiable Holding

City Natural Resources High Yield Trust plc ('the Company') has today, 5
February 2004, been notified that City of London Investment Management Company
Limited is interested in 16,839,946 Ordinary 25p shares, representing 26.79% of
the issued share capital.

The breakdown of registered holders is as follows:

Name of Company         Registered Name     No. of                Percentage of
                                            Shares                issued share
                                                                  cap.
The Emerging Markets    Mellon UK           4,922,890             7.83%
Country Fund            Nominees Ltd A/C
                        BSDTUSD

Jap & Co                State Street Bank     484,016             0.77%
                        and Trust
                        Company

Airhorn & Co            State Street Bank   1,210,040             1.93%
                        and Trust
                        Company

Emerging (Free)         Mellon UK           1,775,714             2.82%
Markets Country Fund    Nominees Ltd A/C
                        BSDTUSD

GFM Emerging Markets    Mellon UK             642,286             1.02%
Country Fund            Nominees Ltd A/C
                        BSDTUSD

Tradex Global Equity    Mellon UK             143,143             0.23%
Fund                    Nominees Ltd A/C
                        BSDTUSD

The Emerging World      Mellon UK           2,572,071             4.09%
Fund                    Nominees Ltd A/C
                        BSDTUSD

The Investable          Mellon UK           5,089,786             8.10%
Emerging Markets        Nominees Ltd A/C
Country Fund            BSDTUSD

               Total                       16,839,946            26.79%






                      This information is provided by RNS
            The company news service from the London Stock Exchange
    
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