CQS New City High Yield Fund Limited : Director...

To:                   RNS
From:               CQS New City High Yield Fund Limited (the "Company")
Date:                3 March 2016

Board changes

The Company announces the following changes to its Board of Directors with immediate effect.

Allister Carey yesterday resigned from the Board after serving as a non-executive director since 17 January 2007.

Wendy Dorman has joined the Board as a non-executive Director as of 2 March 2016. Wendy has over 20 years' experience of tax within the financial services industry, both in London and in Jersey. She is a Jersey resident and holds other non-executive directorships, including Jersey Finance and 3i Infrastructure plc.

Wendy is also a member of the Jersey Finance Fiscal Strategy Group and served as President of the Jersey Society of Chartered and Certified Accountants from 2008 to 2010.

There is no additional disclosure to be made in respect of Wendy Dorman pursuant to paragraph LR 9.6.13R of the Listing Rules of the UK Listing Authority.

This announcement is made pursuant to Listing Rule 9.6.11 of the Listing Rules of the UK Listing Authority.

The Chairman, Jimmy West, thanked Allister Carey for his contributions during a period that had seen the Company's shareholders' funds increase from £68m to £194m, and welcomed Wendy Dorman to the Board.

Enquiries:

Martin Cassels
R&H Fund Services Limited
Tel: [phone]

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: CQS New City High Yield Fund Limited via Globenewswire

HUG#1991622