Net Asset Value(s)

New City High Yield Fund Limited
15 May 2007



Date of Announcement: 15/05/2007

Below is shown the unaudited net asset value for the Company as at close of
business on 14/05/07

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


New City High Yield Fund Ltd                                         53.85

Note: NAVs are diluted, where appropriate.



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