Potential transactions in own shares during close period

Crystal Amber Fund Limited - Potential transactions in own shares during close period

PR Newswire

London, February 23

23 February 2017

Crystal Amber Fund Limited

(the “Company”)

Potential transactions in own shares during close period

Crystal Amber Fund Limited announces that the Company has entered a one month close period ahead of the notification of its interim results for the six months ended 31 December 2016 (the “Close Period”), which is expected to be on or after 28 March 2017.

Pursuant to the share buyback authority approved by shareholders on 18 November 2016, the Company has appointed Winterflood Investment Trusts (“Winterflood”) to manage an irrevocable, non-discretionary share buy-back programme to repurchase on its behalf, and within certain pre-set parameters, ordinary shares in the Company, which will be held as treasury shares, during the Close Period.

Pursuant to the authority approved by shareholders on 18 November 2016, the Company has appointed Winterflood to manage an irrevocable, non-discretionary share sale programme to sell for cash on its behalf, on a non pre-emptive basis and within certain pre-set parameters, treasury shares held by the Company, during the Close Period. Treasury shares will only be sold at a price above the net asset value of the Company.

The Company and its directors have no power to invoke any changes to the above programmes and they will be conducted at the sole discretion of Winterflood.