Annual Financial Report - Replacement

The following amendment has been made to the Annual Financial Report announcement released today at 15:00 under RNS Number 4942H.

In the second paragraph the year was incorrectly stated as 2008 and should have read 2009.

All other details remain unchanged.

The full amended text is shown below.

The Ottoman Fund Limited ("Company")

Posting of Report & Accounts

The Company announces that its Annual Report & Accounts for the year ended 31 August 2009 has been posted to the Company's shareholders.

A copy of the Annual Report & Accounts for the year ended 31 August 2009 is available on the Company's website (www.theottomanfund.com).

Enquires:

Singer Capital Markets 0203 2057 5000

Roger Clarke

Jos Trusted

Company Secretary

Herald Fund Services Limited 01534 610 610