Net Asset Value(s)
June 11 2003 - 5:46AM
UK Regulatory
THE SECOND ALLIANCE TRUST PLC
NET ASSET VALUE
At the close of business on Tuesday 10th June 2003 the unaudited net
asset value per 25p stock unit, valuing prior charges at par, was 2390p.
Income after tax, interest and management expenses arising, but which is
not included in the net asset value per stock unit above, was 33p per
stock unit.
Distribution of investments as at 31 May 2003
Geographical Distribution
UK 52%
USA 21%
Europe 10%
Japan 4%
Rest of World 7%
Net Liquidity 6%
Total 100%
Industry Distribution
Resources and Basic Industries 20%
Capital Goods 7%
Consumer Goods 18%
Technology 5%
Services 22%
Financials 28%
Total 100%
20 Largest Holdings Value �m
Shell Transport & Trading �16.47m
GlaxoSmithKline �14.51m
Royal Bank of Scotland �14.41m
BP �13.92m
Vodafone �10.96m
HBOS �8.89m
Barclays �5.78m
Wal-Mart �5.43m
Abbott Laboratories �5.39m
Johnson & Johnson �5.37m
Diageo �4.89m
Lloyds TSB �4.65m
Reckitt Benckiser �4.63m
Rio Tinto �4.60m
Aviva �4.57m
EMAP �4.44m
Marsh & McLennan �4.32m
Unilever �4.28m
Persimmon �4.14m
Slough Estates �4.02m
For further information, please contact:-
Ian Goddard
The Second Alliance Trust PLC
Tel. 01382 201700