CRYSTAL AMBER FUND LIMITED

(“Crystal Amber Fund” or the “Fund”)

Monthly Net Asset Value

Crystal Amber Fund announces that its unaudited net asset value (“NAV”) per share on 31 January 2014 was 159.44p (31 December: 156.14p per share).

The proportion of the Fund’s NAV at 31 January 2014 represented by the ten largest holdings, other investments and cash (including accruals), was as follows:

Top ten holdings	Pence per share	Percentage of investee equity  held
Thorntons plc	10.3	8.30%
Tribal Group plc	10	4.60%
TT Electronics plc	9.4	2.20%
Sutton Harbour Holdings plc	9.4	28.80%
4imprint Group plc	8.6	3.40%
API Group plc	8.4	11.60%
Leaf Clean Energy Company	8	10.00%
Norcros plc	7.3	4.40%
Devro plc	7	1.10%
STV Group plc	5.6	3.50%
Total of ten largest holdings	84
Other investments	53.8
Cash and accruals	21.6
Total NAV	159.4