To:                   THOMSON REUTERS
From:               New City High Yield Fund Limited
Date:                31 March 2015
Subject:            Extraordinary General Meeting Result

New City High Yield Fund Limited announces that, at the Extraordinary General Meeting held on 30 March 2015, the two resolutions proposed were duly passed.

A copy of the circular explaining the background to and reasons for the special resolutions and which includes the Notice of Extraordinary General Meeting has been submitted to the National Storage Mechanism and is available for inspection at: www.morningstar.co.uk/uk/NSM.

The proxy votes received on each resolution proposed at the Extraordinary General Meeting will shortly be available for inspection at www.ncim.co.uk.

For further information please contact:

Martin A Cassels/ Philip Rorke
R&H Fund Services Limited
0131 524 6140/6139