Monthly Portfolio Disclosure

City Natural Res High Yield Tst PLC
02 March 2004



In accordance with UKLA Listing Rule 21.20 (1)(ii) City Natural Resources High
Yield Trust plc announces the following portfolio disclosures as at 29 February
2004, in other UK listed investment companies (including investment trusts)
which themselves do not have a stated invesment policy to invest no more than
15% of their gross assets in other UK listed investment companies (including
investment trusts):


CITY NATURAL RESOURCES HIGH YIELD TRUST PLC

No investments requiring disclosure




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