RNS Number:7971C
New Star RBC Hedge250 IDX (3X GBP)
24 August 2007


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

24 August 2007

Estimated Net Asset Values at 21 August 2007

Ordinary Shares

As at the close of business on 21 August 2007, the estimated net asset values of
the Company's ordinary shares based on the RBC Hedge 250 Index value at 21
August 2007 as published on the 22nd August 2007 are as follows:

1X US$ Shares                                                   $1.0216
1X Euro Shares                                                  Euro1.0117
1X Sterling Shares                                              #1.0212
3X US$ Shares                                                   $1.0267
3X Euro Shares                                                  Euro1.0131
3X Sterling Shares                                              #1.0221

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 31 August 2007 will be
released on 14th September 2007 and the final net asset value for 31 August 2007
will be released on 28 September 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



END

                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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