Holding(s) in Company

City Natural Res High Yield Tst PLC
01 March 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company

City Natural Resources High Yield Trust plc


2. Name of shareholder having a major interest

City of London Investment Management Company Limited


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

The Emerging Markets Country Fund - 4,722,890
Jap & Co - 208,216
Airhorn & Co - 520,540
Emerging (Free) Markets Country Fund - 1,695,714
GFM Emerging Markets Country Fund - 90,429
The Emerging World Fund - 1,863,071
The Investable Emerging Markets Country Fund - 4,618,786


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Mellon UK Nominees Ltd a/c BSDTUSD - 12,990,890
State Street Bank and Trust Company  - 728,756


5. Number of shares / amount of stock acquired

N/A


6. Percentage of issued class

N/A


7. Number of shares / amount of stock disposed

Not disclosed


8. Percentage of issued class

N/A


9. Class of security

Ordinary


10. Date of transaction

Not disclosed


11. Date company informed

01/03/05


12. Total holding following this notification

13,719,646


13. Total percentage holding of issued class following this notification

21.83


14. Any additional information




15. Name of contact and telephone number for queries

Andrew Nicholson  0131 465 1071


16. Name and signature of authorised company official responsible for making
this notification

Michael Campbell, for F&C Asset Management plc, Secretaries


17. Date of Notification

01/03/05


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