SPROTT FOCUS TRUST INC. — Director's Dealing 2004

Jan 20, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ROYCE FOCUS TRUST INC (FUND)
CIK: 0000825202
Period of Report: 2003-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-12	Common Stock	G	5000	$8.28	Disposed	367639	Direct
2003-12-16	Common Stock	G	3000	$8.14	Disposed	198642	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	61572	Indirect