EGM Statement

RNS Number:6830R
New Star RBC Hedge250 IDX (3X GBP)
04 April 2008

                                   HEDGE ETS

            New Star RBC Hedge 250 Index Exchange Traded Securities

                                  PCC Limited



  (A closed-ended investment company incorporated in Guernsey with registered
number 45501 under the provisions of The Companies (Guernsey) Laws 1994 to 1996
      and The Protected Cell Companies Ordinance 1997 to 1998, as amended)


                    Result of Extraordinary General Meeting



At the Extraordinary General Meeting held on 4 April 2008 special resolutions
to:



(i)           renew the Company's authority to purchase up to 14.99% of each
class of share in issue; and



(ii)         authorise the Company to sell shares held in treasury at a price
below the estimated net asset value per share



were duly passed without amendment.



Copies of the resolution passed have been submitted to the UK Listing
Authority's Document Viewing Facility, which is situated at:



Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS



Enquiries:



Alison Bilham, HSBC Securities Services (Guernsey) Limited
Tel: + 44 (0)1481 707213





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