Result of AGM

City Natural Res High Yield Tst PLC
10 November 2004

To:                RNS
From:              City Natural Resources High Yield Trust plc
Date:              10 November 2004

Result of AGM

All resolutions at today's Annual General Meeting of the Company were passed.

With regard to Resolution 5 which relates to the potential issue of shares, the
Board wishes to confirm that new shares will only be issued at a premium to the
company's prevailing ordinary share net asset value.

For further information please contact:

Martin A Cassels
F & C Asset Management plc
0131 465 1000


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