RNS Number:7280R
New City High Yield Trust PLC
22 February 2007

To:        RNS
From:      New City High Yield Trust plc
Date:      22 February 2007



Net Asset Value

The Company announces the following net asset value per ordinary share at the
close of business on 21 February 2007;  53.31p

The net asset value takes account of the estimated costs to be paid by the
Company associated with the recommended proposals for the voluntary winding up
of the Company and the rollover of Shareholders' interests into New City High
Yield Fund Limited as detailed in the Circular dated 2 February 2007.

The cost of the second and third interim dividends, both of 0.7p per Ordinary
Share has also been deducted in arriving at the net asset value per share.


For further information please contact:


Martin A Cassels
F&C Asset Management plc
0131 718 1000


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

NAVPUUCUPUPMGQP
New City High Yield Trust (LSE:NCY)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more New City High Yield Trust Charts.
New City High Yield Trust (LSE:NCY)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more New City High Yield Trust Charts.