Net Asset Value(s)
December 10 2003 - 4:50AM
UK Regulatory
THE SECOND ALLIANCE TRUST PLC
NET ASSET VALUE
At the close of business on Tuesday 9th December 2003 the unaudited net
asset value per 25p stock unit, valuing prior charges at par, was 2542p.
Income after tax, interest and management expenses arising, but which is
not included in the net asset value per stock unit above, was 25p per
stock unit.
Distribution of investments as at 30th November 2003
Geographical Distribution
UK 52%
USA 21%
Europe 10%
Japan 4%
Rest of World 10%
Fixed Income & Net Current 3%
Assets
Total 100%
Industry Distribution
Resources and Basic Industries 20%
Capital Goods 8%
Consumer Goods 17%
Technology 5%
Services 22%
Financials 28%
Total 100%
20 Largest Holdings Value �m
GlaxoSmithKline �15.8m
Shell Transport & Trading �15.1m
Royal Bank of Scotland �14.4m
BP �13.5m
Vodafone �11.0m
HBOS �8.8m
Barclays �6.9m
Diageo �5.8m
Abbott Laboratories �5.3m
Rio Tinto �4.8m
Aviva �4.8m
Wal-Mart Stores �4.7m
Slough Estates �4.6m
Standard Chartered �4.3m
Lloyds TSB �4.3m
EMAP �4.2m
Persimmon �4.2m
Unilever �4.0m
Johnson & Johnson �3.9m
Microsoft �3.8m
For further information, please contact:-
Ian Goddard
The Second Alliance Trust PLC
Tel. 01382 201700