Director/PDMR Shareholding

13 November 2017

Crystal Amber Fund Limited

(the “Company”)

Notification of Transactions of Persons Closely Associated with Persons Discharging Managerial Responsibilities (PDMRs)

Crystal Amber Fund announces that it has been advised that Mr Juan Morera, an employee of the Company’s Investment Adviser, has sold a total of 10,000 ordinary shares in the Company ("Ordinary Shares").  Following the transactions, Mr Morera holds 50,643 Ordinary Shares (equivalent to 0.05 per cent. of the Company's voting rights).

Details of the transactions can be found in the Notification of Dealing Form below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr Juan Morera
2	Reason for the notification
a)	Position/status	Employee of Investment Adviser
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Crystal Amber Fund Limited
b)	LEI	213800662E2XKP9JD811
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
ai)	Description of the financial instrument, type of instrument Identification code	CRYSTAL AMBER FUND LIMITED, ORDINARY SHARES GG00B1Z2SL48
bi)	Nature of the transaction	Sale of Ordinary Shares
ci)	Price(s) and volume(s)	Price(s) £1.93	Volume(s) 5,000
di)	Aggregated information - Aggregated volume - Price - Principal amount	5,000 £1.93 £9,650
ei)	Date of the transaction	9 November 2017
fi)	Place of the transaction	London Stock Exchange, AIM Market
aii)	Description of the financial instrument, type of instrument Identification code	CRYSTAL AMBER FUND LIMITED, ORDINARY SHARES GG00B1Z2SL48
bii)	Nature of the transaction	Sale of Ordinary Shares
cii)	Price(s) and volume(s)	Price(s) £1.89	Volume(s) 5,000
dii)	Aggregated information - Aggregated volume - Price - Principal amount	5,000 £1.89 £9,450
eii)	Date of the transaction	13 November 2017
fii)	Place of the transaction	London Stock Exchange, AIM Market
For further enquiries please contact: Crystal Amber Fund Limited William Collins (Chairman) Tel: [phone] www.crystalamber.com Allenby Capital Limited - Nominated Adviser David Worlidge/James Thomas/Liz Kirchner Tel: [phone] Winterflood Investment Trusts - Broker Joe Winkley/Neil Langford Tel: [phone] Crystal Amber Advisers (UK) LLP – Investment Adviser Richard Bernstein Tel: [phone]