Result of AGM

New Star Investment Trust PLC ("the Company")

Result of AGM

Following the Annual General Meeting held on 1st October 2008, the Company is
pleased to confirm that all the resolutions proposed at the meeting were
passed.

For information the proxy votes received were as follows:

                                               For*      Against     Withheld
                                                                             
Ordinary business                                                            
                                                                             
Resolution 1: receive annual accounts    50,484,174      284,042      834,011
                                                                             
Resolution 2: approve directors          51,570,877       31,350            0
remuneration report                                                          
                                                                             
Resolution 3: re-appointment of          51,592,227       10,000            0
auditors                                                                     
                                                                             
Resolution 4: declaration of dividend    51,602,227            0            0
                                                                             
Resolution 5: re-election of Mr G        51,570,877       10,000       21,350
Howard-Spink as a director                                                   
                                                                             
Resolution 6: re-election of Mr J L      51,540,770       31,807       29,650
Duffield as a director                                                       
                                                                             
Special business                                                             
                                                                             
Resolution 7: authority to allot         51,580,877       19,350        2,000
shares                                                                       
                                                                             
Resolution 8: disapplication of          51,579,560       19,350        3,317
pre-emption rights                                                           
                                                                             
Resolution 9: authority to repurchase    51,602,227            0            0
shares                                                                       
                                                                             
Resolution 10: adoption of new           51,580,877       19,350        2,000
Articles of Association                                                      
                                                                             
Resolution 11: approval of investment    51,572,877       29,350            0
policy                                                                       

* Votes for include votes giving the chairman discretion.

Two copies of all special business resolutions passed at the meeting have been
submitted to the UK Listing Authority, and will be available for inspection at
the UK Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel: [phone]