Net Asset Value(s) -Amendment

New City High Yield Fund Limited
21 August 2007



To:            RNS



Date:          21 August 2007



Company:       New City High Yield Fund Limited



Subject:       Net Asset Value at 17 August 2007





THIS ANNOUNCEMENT REPLACES RNS 4995C RELEASED TO THE MARKET ON 20 AUGUST 2007 AT
14:55.  The change is that the unaudited net asset value for the Company as at
close of business on was 51.17 instead of 50.38.





Below is shown the unaudited net asset value of the Company as at close of
business on 17/08/2007.



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





New City High Yield Fund Ltd                             51.17






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