PIRC Recommends Vote Against Resolution

18 April 2016

ATLANTIS JAPAN GROWTH FUND LIMITED

PIRC Recommends Shareholders to
VOTE AGAINST LIM'S RESOLUTION

Atlantis Japan Growth Fund Limited (the "Company") notes that Pensions & Investment Research Consultants Ltd ("PIRC"), the independent shareholder advisory group, has recommended that Shareholders vote against the resolution proposed by LIM Asia Multi-Strategy Fund Inc., to be voted on at the Company's extraordinary general meeting on Tuesday, 3 May 2016 (the "EGM").

The Board unanimously recommends that all Shareholders VOTE AGAINST LIM'S RESOLUTION at the EGM.

A circular explaining the Board's reasons for recommending Shareholders to VOTE AGAINST LIM'S RESOLUTION and containing the notice convening the EGM, which will be at the offices of Stephenson Harwood LLP, 1 Finsbury Circus, London EC2M 7SH (commencing at 2.30 p.m.), was posted to Shareholders on 7 April 2016.  Copies of that circular are available at www.atlantisjapangrowthfund.com and at www.morningstar.co.uk/uk/nsm.  Words and expressions defined in that circular have the same meanings when used in this announcement.

Shareholders are reminded that the latest time and date for receipt of completed Forms of Proxy and CREST electronic proxy instructions for use at EGM is 2.30 p.m. on Sunday, 1 May 2016 (the "Voting Deadline"). 

Investors who hold their Shares through a non-discretionary broker, manager or other adviser, or via an execution-only platform, should ensure that they submit their voting instructions to their broker, manager or other adviser, or platform, at least several days in advance of the Voting Deadline so that their votes can be cast on the resolution to be proposed at the EGM.

Enquiries

Sue Inglis	Cantor Fitzgerald Europe	T: [phone]
James Alexander	Aravis Partners	T: [phone]
Cara De La Mare	Northern Trust International Fund Administration Services (Guernsey) Limited	T: [phone] Email: [e-mail]