Net Asset Value(s)

New City High Yield Fund Limited
26 April 2007

Below is shown the unaudited net asset value for the Company as at close of
business on 25/04/07



NAV per share (at bid market values) in £ sterling. Pence per share.




New City High Yield Fund Ltd                                       53.59

Note: NAVs are diluted, where appropriate.


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