Crystal Amber Regulatory News (CRS)

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 26 July 2013 Placing Update The Board of Crystal Amber Fund Limited is pleased to announce the successfulcompletion of the Placing announced earlier today, with certain shareholdersand new investors having been procured to subscribe, based on the Company'slatest published NAV, for Placing Shares with gross proceeds of approximately £26.5 million. The Placing is conditional, inter alia, on shareholder approvaland Admission. A circular will be sent to shareholders shortly and will include a noticeconvening an Extraordinary General Meeting to be held on 15 August 2013 to seekShareholder approval to (i) implement the Placing, (ii) amend the Articles inrespect of the timing and frequency of meetings convened to vote upon thecontinuation of the Company, and (iii) amend the Company's investment strategyand investment restrictions. Enquiries Crystal Amber Fund LimitedWilliam CollinsTel: 01481 716 000 Crystal Amber Advisers (UK) LLP - Investment AdviserRichard BernsteinTel: 020 7478 9080 Sanlam Securities UK Limited - Nominated AdviserDavid Worlidge/Simon ClementsTel: 020 7628 2200 Numis Securities Limited - BrokerNathan Brown/Hugh JonathanTel: 020 7260 1426 Broker Profile Limited - Stockbroker Relations ConsultantsSimon CourtenayTel: 020 7448 3244 Expected Timetable Each of the times and dates is subject to change. References to a time of dayare to London time. Any changes to the timetable will be notified bypublication of a notice through a RIS. 2013 Circular published 26 July EGM 10.00 a.m. on 15 August Settlement date and dealings commence in Placing Shares 21 August 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 at12.22 today. 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.