Net Asset Value(s)

RNS Number:7880L
New Star RBC Hedge250 IDX (3X GBP)
15 January 2008

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

Estimated Net Asset Values

15th January 2007

Ordinary Shares

As at the close of business on 31 December 2007, the estimated net asset values
of the Company's ordinary shares based on the RBC Hedge 250 Index value at 31
December 2007 as published on the 11 January 2008 are as follows:
1X US$ Shares                                                   $1.0512
1X Euro Shares                                                  Euro1.0376
1X Sterling Shares                                              £1.0526
3X US$ Shares                                                   $1.0877
3X Euro Shares                                                  Euro1.0672
3X Sterling Shares                                              £1.0862

The final net asset value for 31 December 2007 is expected to be published on 29
January 2008.

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 19
October 2007.

Enquiries

Alison Bilham, HSBC Securities Services (Guernsey) Limited

Tel: + 44 (0)1481 707122



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