Company Secretary Appointed

NEW STAR INVESTMENT TRUST PLC

Change of Company Secretary

The Company announces that, with effect from today, New Star Asset Management
Limited has been appointed as Company Secretary, replacing Sinclair Henderson
Limited.

The registered office of the Company is now as follows:

1 Knightsbridge Green

London

SW1X 7NE

1 July 2005

Enquiries:

Patrick Roper

New Star Asset Management Limited

Telephone [phone]

Fax [phone]

Email: [e-mail]