| NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i |
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| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: |
NEW STAR INV TRUST ORD GBP0.01Â Â Â Â Â Â Â |
| 1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate) |
| Non-UK issuer |
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| 2. Reason for the notification (please mark the appropriate box or boxes with an "X") |
| An acquisition or disposal of voting rights |
x |
| An acquisition or disposal of financial instruments |
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| An event changing the breakdown of voting rights |
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| Other (please specify)iii: |
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| 3. Details of person subject to the notification obligationiv |
| Name |
Armstrong Investments Limited |
| City and country of registered office (if applicable) |
Douglas, Isle of Man |
| 4. Full name of shareholder(s) (if different from 3.)v |
| Name |
Nortrust Nominees Limited |
| City and country of registered office (if applicable) |
London, UK |
| 5. Date on which the threshold was crossed or reachedvi: |
09 April 2019 |
| 6. Date on which issuer notified (DD/MM/YYYY): |
11 April 2019 |
| 7. Total positions of person(s) subject to the notification obligation |
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% of voting rights attached to shares (total of 8. A) |
% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2) |
Total of both in % (8.A + 8.B) |
Total number of voting rights of issuervii |
| Resulting situation on the date on which threshold was crossed or reached |
3.168% |
 |
3.168% |
71,023,695 |
Position of previous notification (if
applicable) |
2.506% |
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2.506% |
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