Net Asset Value(s)

City Natural Res High Yield Tst PLC
21 December 2007

To:         RNS
From:       City Natural Resources High Yield Trust plc
Date:       21 December 2007




Net Asset Value


The Company announces the following net asset values per ordinary share at the
close of business on 19 December 2007:


Diluted: 197.93p.
Basic: 205.06p.


For further information please contact:

Martin A Cassels
F&C Investment Business Ltd
0207 628 8000








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