SPROTT FOCUS TRUST INC. — Director's Dealing 2004

Jan 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYCE FOCUS TRUST INC (FUND)
CIK: 0000825202
Period of Report: 2004-01-05

Reporting Person: GEORGE W WHITNEY (Vice President, VP - Investment Adviser)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-05	Common Stock	G	7500	$8.76	Disposed	362182	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	198642	Indirect
Common Stock	69072	Indirect

Footnotes

F1: Gift of 2,500 shares to each of three children.