Net Asset Value(s)
August 12 2003 - 5:47AM
UK Regulatory
THE SECOND ALLIANCE TRUST PLC
NET ASSET VALUE
At the close of business on Monday 11th August 2003 the unaudited net
asset value per 25p stock unit, valuing prior charges at par, was 2465p.
Income after tax, interest and management expenses arising, but which is
not included in the net asset value per stock unit above, was 40p per
stock unit.
Distribution of investments as at 31 July 2003
Geographical Distribution
UK 52%
USA 22%
Europe 9%
Japan 4%
Rest of World 8%
Fixed Income 3%
Net Current Assets 2%
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
Shell Transport & �16.00m
Trading
Royal Bank of �15.92m
Scotland
GlaxoSmithKline �14.35m
BP �14.18m
Vodafone �9.76m
HBOS �9.29m
Barclays �6.29m
Wal-Mart �5.88m
Aviva �5.30m
Johnson & Johnson �5.21m
Lloyds TSB �5.02m
Diageo �4.99m
Abbott Laboratories �4.83m
Persimmon �4.68m
EMAP �4.61m
Marsh & MacLennan �4.36m
Rio Tinto �4.19m
Microsoft �4.18m
Unilever �4.02m
Standard Chartered �3.76m
For further information, please contact:-
Ian Goddard
The Second Alliance Trust PLC
Tel. 01382 201700