Net Asset Value(s)

New City High Yield Fund Limited
18 May 2007


Date of Announcement: 18/05/2007

Below is shown the unaudited net asset value for the Company as at close of
business on 17/05/07

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


New City High Yield Fund Ltd                                             53.87

Note: NAVs are diluted, where appropriate.



                      This information is provided by RNS
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