Listing Rule 15.6.8

NEW STAR INVESTMENT TRUST PLC

Listing Rule 15.6.8

New Star Investment Trust plc announces that at 31 March 2013 it had
investments in the below listed closed-ended investment funds which do not have
a stated investment policy to invest not more than 15% of their gross assets in
other closed-ended investment funds.

Issuer                                      Type of Holding        
                                                                   
Henderson Private Equity Investment Trust   Ordinary Shares        

Phoenix Administration Services Limited - Corporate Secretary