Return of Capital

For Immediate Release

25 February 2016

the OTTOMAN FUND LIMITED ("the Company")

Return of Capital

The Board of Directors of the Company is pleased to announce the return of approximately £2.7 million of capital, or 2 pence per share, to shareholders of record as at 4 March 2016, with the shares expected to trade ex-entitlement on 3 March 2016 and payment expected to be made on 6 April 2016 or as soon as practicable thereafter. This return of capital represents proceeds from the Riva and Bodrum sales announced earlier.

Enquiries

N+1 Singer 020 7496 3000

James Maxwell

Company Secretary 01534 504 700

Vistra Fund Services Limited