Investment Holdings

Hansa Trust PLC
02 March 2005


Hansa Trust PLC

In accordance with the Listing Rules Chapter 21.20 l (i) at close of business on
28 February 2005 the Company had the following investments in other listed
investment companies (including listed investment trusts) which themselves do
not have stated investment policies to invest no more than 15% of their gross
assets in other listed investment companies (including listed investment
trusts):-

None

Hansa Capital Limited
corporate secretary to Hansa Trust PLC
020 7647 5750



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