Notification of Mjr Intersts

RNS Number:8821F
New Star RBC Hedge250 IDX (3X GBP)
17 October 2007

For immediate release
17 October 2007



                              COMPANY ANNOUNCEMENT



New Star RBC Hedge 250 Index Exchange Traded Securities PCC Limited



TR-1i : NOTIFICATION OF MAJOR INTERESTS IN SHARES



1.  Identity of the issuer or the underlying issuer of existing shares to which
     voting rights are attachedii:


     New Star RBC Hedge 250 Index Exchange Traded Securities PCC Limited


2.  Reason for the notification


     An acquisition or disposal of voting rights                             ( )


     An acquisition or disposal of financial instruments which may result
     in the acquisition of shares already issued to which voting rights are
     attached                                                                ( )


     An event changing the breakdown of voting rights                        ( )


     Other (please specify):  Change in issue share capital                  (X)




3.  Full name of person(s) subject to the notification obligationiii:



     New Star Asset Management Limited



4.  Full name of shareholder(s) (if different from 3.)iv:  N/A



5.  Date of the transaction (and date on which the threshold is crossed or
     reached if different)v:  N/A



6.  Date on which issuer notified:  16th October 2007



7.  Threshold(s) that is/are crossed or reached:  12%, 11%, 10%



8.    Notified details:





A.  Voting rights attached to shares



Class/type of shares: (if possible using the ISIN CODE):



IX US$ Shares
(SEDOL: B1FBH70)



Situation previous to the Triggering transaction vi
Number of Shares:
Number of Voting Rights viii:

Resulting situation after the triggering transaction vii
Number of shares - Direct:
Number of voting rights ix - Direct x:
Number of voting rights ix - Indirect xi:  14,729,577
% of Voting rights - Direct:
% of Voting rights - Indirect:  5.76 %



Class/type of shares: (if possible using the ISIN CODE):



IX # Shares
(SEDOL: B1FBH69)



Situation previous to the Triggering transaction vi

Number of Shares:
Number of Voting Rights viii:



Resulting situation after the Triggering transaction vii

Number of shares - Direct:
Number of voting rights ix - Direct x:
Number of voting rights ix - Indirect xi:  9,161,648
% of Voting rights - Direct:
% of Voting rights - Indirect:  3.58 %



B.  Financial Instruments



Resulting situation after the triggering transaction xii
Type of financial instrument:
Expiration date xiii:
Exercise / Conversion Period / Date xiv:
Number of voting rights that may be acquired if the instrument is exercised /
converted:
% of voting rights:



Total (A + B)
Number of voting rights: 23,891,225
% of voting rights:  9.34 %



9.  Chain of controlled undertakings through which the voting rights and / or
the financial instruments are effectively held, if applicable xv:





Proxy Voting:

10.  Name of the proxy holder:  N/A

11.  Number of voting rights proxy holder will cease to hold:  N/A

12.  Date on which proxy holder will cease to hold voting rights:  N/A

13.  Additional Information:  N/A

14.  Contact name:  N/A

15.  Contact telephone number: N/A















ANNEX NOTIFICATION OF MAJOR INTERESTS IN SHARES xvi



A: Identity of the person or legal entity subject to the notification obligation



Full name (including legal form for legal entities):



New Star Asset Management Limited



Contact address (registered office for legal entities):



1 Knightsbridge Green, London SW1X 7NE



Phone number:  0207 225 9200



Other useful information (at least legal representative for legal persons):





B:  Identity of the notifier, if applicable xvii



Full name :  David Fallon



Contact address :  As above



Phone number  :  As above



Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):



C:  Additional information:



This notification follows changes to the total issued share capital of New Star
RBC Hedge 250 Index Exchange Traded Securities PCC Limited which now has
255,761,346 shares in issue.





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