Portfolio update

Advance Focus Fund Limited announces that its top ten holdings as at 30 September 2006 were as follows:- Filtronic PLC Photo-Me International PLC Liontrust Asset Management PLC UK Coal PLC Compass PLC Crest Nicholson PLC Huntleigh Technology PLC Hiscox PLC UMBRO PLC London Merchant Securities PLC Visit our website at http://www.pro-asset.com/ ---END OF MESSAGE---

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