Net Asset Value(s)

RNS Number:3165G
New Star RBC Hedge250 IDX (3X GBP)
24 October 2007

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

Estimated Net Asset Values at 19 October 2007

Ordinary Shares

As at the close of business on 19 October 2007, the estimated net asset values
of the Company's ordinary shares based on the RBC Hedge 250 Index value at 19
October 2007 as published on the 22 October 2007 are as follows:

1X US$ Shares                                                   $1.0552
1X Euro Shares                                                  Euro1.0425
1X Sterling Shares                                              #1.0560
3X US$ Shares                                                   $1.1187
3X Euro Shares                                                  Euro1.1016
3X Sterling Shares                                              #1.1173

This intra month estimated net asset value is provided for illustrative purposes
only and may not reflect performance of all underlying funds comprising the RBC
Hedge 250 Index.  An estimated net asset value for 30 October 2007 will be
released on 14 November 2007 and the final net asset value for 30 October 2007
will be released on 28 November 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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