Directorate Change

01 July 2014 Crystal Amber Fund Limited (the "Company") Directorate Change Further to the Company's announcement on 7 March 2014, the Board of CrystalAmber Fund Limited is pleased to announce the appointment of ChristopherWaldron as a Non-executive Director of the Company with immediate effect. Mr Waldron has more than 25 years' experience as an investment manager anduntil January 2013 was Chief Executive of the Edmond de Rothschild Group inGuernsey. He remains a consultant to the Edmond de Rothschild Group and is alsoa director of a number of Guernsey funds and investment management companies.He is a Fellow of the Chartered Institute of Securities and Investment and is aGuernsey resident. Commenting on the appointment of Chris Waldron as a non-executive Director,William Collins (Non-executive Chairman) said: "My fellow directors and I are very pleased to welcome Chris as a member of theCrystal Amber Board. He brings broad experience and we look forward to workingwith him." For further enquiries please contact: Crystal Amber Fund Limited Tel: 01481 716 000William Collins (Chairman) Merchant Securities Limited - Nominated Adviser Tel: 020 7628 2200David Worlidge/Simon Clements Numis Securities Limited - Broker Tel: 020 7260 1426Nathan Brown/Hugh Jonathan Crystal Amber Advisers (UK) LLP - Investment Adviser Tel: 020 7478 9080Richard Bernstein The following information falls to be disclosed under Rule 17 and paragraph (g)of Schedule Two of the AIM Rules for Companies. Mr Waldron current holds no ordinary shares of 1p each in the Company. Christopher David Waldron, aged 49, is or has been a director or partner of thefollowing companies or partnerships in the preceding five years: Current directorships or partnerships Past directorships or partnerships GBD Limited Edmond de Rothschild Holdings (CI) LimitedBH Credit Catalysts Limited Edmond de Rothschild Asset ManagementOmnium Investments PCC Limited (CI) Limited Lancaster Investment Services Limited Edmond de Rothschild (CI) Limited JZ Capital partners Limited Prosperity Quest II GP Limited MMIP PCC Limited Prosperity Quest II Unlisted Limited Fair Oaks Income fund (GP) Limited Optimal Tracker Fund PCC Limited