AGM Statement

New City High Yield Fund Limited
02 November 2007

To:            RNS

From:          New City High Yield Fund Limited

Date:          2 November 2007


Annual General Meeting Result


The Company announces that at the Annual General Meeting held on 1 November
2007, shareholders voted in favour of Resolutions 1 to 9 and accordingly they
were passed.









Enquiries:



Martin Cassels, F&C Asset Management plc 0131 718 1095








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