Estimated Net Asset Values

RNS Number:4430A
New Star RBC Hedge250 IDX (3X GBP)
18 July 2007


New Star RBC Hedge 250 Index Exchange Traded Securities PCC Limited (the "
Company")

Estimated Net Asset Values

Ordinary Shares

As at the close of business on 29 June 2007, the estimated net asset values of
the Company's ordinary shares, based on the RBC Hedge 250 Index value at 29 June
2007  as published on 11 July 2007, are as follows:

1X US$ Shares                                                   $1.0553
1X Euro Shares                                                  Euro1.0475
1X Sterling Shares                                              #1.0549
3X US$ Shares                                                   $1.1514
3X Euro Shares                                                  Euro1.1399
3X Sterling Shares                                              #1.1493

The final net asset value for 29 June 2007 is expected to be published on 27
July 2007.

These valuations, which have been prepared in good faith by the Company's
administrator, are for information purposes only. Certain risk factors which may
be relevant to these valuations are set out in the Company's prospectus dated 1
June 2007.

Enquiries

Pam Le Cheminant, HSBC Securities Services (Guernsey) Limited

Tel: + 44 (0)1481 707122



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