RNS Number : 4775U
  New Star RBC Hedge250 IDX (1X GBP)
  14 May 2008
   

    HEDGE ETS
    New Star RBC Hedge 250 Index Exchange Traded Securities
    PCC Limited
    (A closed-ended investment company incorporated in Guernsey with registered number 45501 under the provisions of The Companies
(Guernsey) Laws 1994 to 1996 and The Protected Cell Companies Ordinance 1997 to 1998, as amended)


    14 May 2008 

    TRANSACTION IN OWN SHARES

    New Star RBC Hedge 250 Index Exchange Traded Securities PCC Limited (the "Company") announces that on 14 May 2008 it purchased the
number of shares at the prices set out below; the resulting share capital per class is also set out in the table below 


                     Shares repurchased  Repurchase price       Resulting share        Shares held in
                                                              capital excluding              treasury
                                                                 shares held in
                                                                       treasury
 1X US$ Shares                   50,000             1.016           115,332,495             2,147,978
 1X Euro Shares                 200,480            1.0050            44,918,990               970,956
 1X Sterling Shares                   -                 -            12,876,392               508,000
 3X US$ Shares                  165,000            0.9540            25,397,404             2,681,335
 3X Euro Shares                       -                 -             8,801,635               230,934
 3X Sterling Shares                   -                 -             7,771,313               253,000

     All shares repurchased on 14th May 2008 will be held in treasury with the exception of 165,000 3X US$ Repurchased Shares.

    The Company simultaneously cancelled 150,000 3X US$ Shares held in treasury.

    All shareholders have equal voting rights based on the number of shares held. Accordingly, the total number of voting rights in the
Company is 215,098,229 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency
Rules.


    Enquiries:

    Alison Bilham, HSBC Securities Services (Guernsey) Limited
    Tel: +44 (0) 1481 707213 


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