Net Asset Value(s)

RNS Number:0527O
New Star RBC Hedge250 IDX (3X GBP)
14 February 2008


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

14th February 2008

Estimated Net Asset Values

Ordinary Shares

The estimated net asset values of the Company's ordinary shares as at 31 January
2008 based on the RBC Hedge 250 Index value at 31 January 2008 as published on
the 12 February 2008 are as follows:

1X US$ Shares                                                   $1.0347
1X Euro Shares                                                  Euro1.0196
1X Sterling Shares                                              £1.0349
3X US$ Shares                                                   $1.0124
3X Euro Shares                                                  Euro0.9932
3X Sterling Shares                                              £1.0117

The final net asset value for 31 January 2008 is expected to be published on 28
February 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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