Placing and Offer

City Natural Res High Yield Tst PLC
03 October 2003


City Natural Resources High Yield Trust PLC
Document re. Placing and Offer for Subscription

A copy of the above document was submitted to the UK Listing Authority on 3
October 2003 and is available for inspection at the UK Listing Authority's
Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel: [phone]



ENQUIRIES:

Alan Borrows                    Midas Capital Partners Limited  T: 0151 906 2461

Gordon Neilly / Darren Willis   Intelli Corporate Finance       T: 020 7653 6300






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