NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION.

10 February 2009

Result of New Star General Meeting

At a general meeting of New Star Asset Management Group PLC ("New Star" or the
"Company") held earlier today, the Company's shareholders approved the proposed
cancellation of admission of its ordinary shares of 25 pence each ("New Star
Shares") to the Official List and to trading on the London Stock Exchange's
market for listed securities (the "De-listing").

It is expected that cancellation of admission of New Star Shares to the
Official List will take effect from 8.00 a.m. on 10 March 2009 and that trading
in New Star Shares on the London Stock Exchange's main market for listed
securities will cease from the close of business on 9 March 2009.

As previously announced, New Star's proposed capital restructuring (the "
Restructuring") is conditional upon, inter alia, the De-listing becoming
effective. In addition, the recommended offer announced by Henderson Group plc
("Henderson") for the Company is conditional, inter alia, upon the De-listing
and the Restructuring becoming effective.

New Star expects to despatch a further circular to shareholders on or about 11
March 2009 with respect to the Restructuring and also expects Henderson to
despatch its offer document to shareholders on or around that date.

For information, the proxy votes received were as follows:

RESOLUTION         VOTES       %      VOTES     %          TOTAL        VOTES        
                    FOR      VOTES   AGAINST   VOTES       VOTES     WITHHELD**
                              FOR*            AGAINST      CAST           
                                                                               
To approve      122,632,732  99.98   28,308     0.02    122,661,040    64,173    
the De-listing                                                                     

*The votes 'For' include the 415,975 votes giving the Chairman discretion and
the 898 votes giving a third party discretion (assuming that such third party
votes 'for' the resolution).

**The votes 'Withheld' are not a vote in law and are not counted in the
calculation of the proportion of votes 'for' and 'against' a resolution.

A summary of proxy votes received will shortly be available on the Company's
website, www.newstaram.com.

Two copies of the resolution passed at the general meeting have been submitted
to the Financial Services Authority and will be available shortly for
inspection at the Financial Services Authority's Document Viewing Facility (25
North Colonnade, London E14 5HS).

Enquiries:

Citigate Dewe Rogerson

Anthony Carlisle (office) 020 7638 9571 (mobile) 07973 611888