Net Asset Value(s)

RNS Number : 0664Y

City Natural Res High Yield Tst PLC

01 July 2008

To: RNS

From: City Natural Resources High Yield Trust plc

Date: 1 July 2008

Net Asset Value

The unaudited net asset value (NAV) of the Company is noted below in pence per share. NAVs are calculated in accordance with stated policies of individual trusts. Applicable accounting standards and AIC recommendations are followed.

The unaudited NAVs per ordinary share as at the close of business on 27 June 2008 were:

Pence per Share

Cum Ex

Income Income

Fully diluted

220.79 220.19

Basic

229.36 228.74

The unaudited NAVs on an ex-income basis, for the rest of the month of June 2008 (not previously released) were as follows:

	Pence per share Fully diluted Basic
03/06/08	231.79	241.08
06/06/08	228.61	237.70
10/06/08	229.46	238.60
13/06/08	225.53	234.42
17/06/08	220.99	229.60
20/06/08	222.90	231.63
24/06/08	219.14	227.63
27/06/08	219.45	227.96