Result of EGM and Placing Update

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FORRELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR INPART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THEREPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION IN WHICHTHE SAME WOULD BE UNLAWFUL CRYSTAL AMBER FUND LIMITED 15 August2013 Result of EGM and Placing Update The Board of Crystal Amber Fund Limited ("Crystal Amber" or "the Company") ispleased to announce that at the Extraordinary General Meeting of the Companyheld earlier today, all the resolutions were duly passed. Further to the announcements issued on 26 July 2013, the Company announces thatthe NAV per share at the close of business on 8 August 2013 ("the CalculationDate") was 140.70p. Accordingly, the Placing Price, which is equivalent to a 3per cent. premium to the NAV on the Calculation Date, is 144.9p. Crystal Amber has received firm commitments from certain shareholders and newinvestors to subscribe for new Ordinary Shares for a gross consideration of £26,414,785 under the Placing. Therefore, Crystal Amber has allotted 18,229,665Placing Shares, subject to admission to trading on AIM and on the CISX,representing an enlargement of approximately 33 per cent. of the Company'scurrent issued share capital. Application has been made to the CISX for the 18,229,665 Placing Shares to beadmitted to listing and trading on the CISX. It is expected that the 18,229,665Placing Shares will be admitted to listing and to trading on the CISX and thatdealings will commence in such Placing Shares on the CISX on 21 August 2013. Application has been made for the 18,229,665 Placing Shares to be admitted totrading on AIM. It is expected that Admission will take place, and dealings insuch Placing Shares will commence, on AIM on 21 August 2013. Following the issue of the 18,229,665 Placing Shares, the Company will have73,437,665 Ordinary Shares in issue. Enquiries Crystal Amber Fund Limited William Collins Tel: 01481 716 000 Crystal Amber Advisers (UK) LLP - Investment Adviser Richard Bernstein Tel: 020 7478 9080 Sanlam Securities UK Limited - Nominated Adviser David Worlidge/Simon Clements Tel: 020 7628 2200 Numis Securities Limited - Broker Nathan Brown/Hugh Jonathan Tel: 020 7260 1426 Broker Profile Limited - Stockbroker Relations Consultants Simon Courtenay Tel: 020 7448 3244 Important Notice Capitalised terms used but not defined in this announcement have the samemeanings as set out in the placing announcement of the Company released on 26July 2013. Numis Securities Limited, which is authorised and regulated in the UnitedKingdom by the Financial Conduct Authority, is acting exclusively as broker toCrystal Amber Fund Limited and for no one else in connection with the Placingand will not be responsible to anyone other than Crystal Amber Fund Limited forproviding the protections afforded to clients of Numis Securities Limited orfor providing advice in relation to the Placing or any matter referred to inthis Announcement. Sanlam Securities UK Limited, which is authorised and regulated in the UnitedKingdom by the Financial Conduct Authority, is acting as nominated adviser toCrystal Amber Fund Limited and is acting for no-one else in connection with thePlacing and will not be responsible to anyone other than Crystal Amber FundLimited for providing the protections afforded to clients of Sanlam SecuritiesUK Limited nor for providing advice in relation to the Placing or any matterreferred to in this Announcement.