Net Asset Value(s)

8 January 2010

                          CRYSTAL AMBER FUND LIMITED                           

                    ("Crystal Amber Fund" or the "Company")                    

                           QUARTERLY NET ASSET VALUE                           

Crystal Amber Fund announces that its unaudited net asset value on 31 December
2009 was 123.45 pence per share. The unaudited net asset value on 30 September
2009, as announced on 7 October 2009, was 122.83 pence per share.

The Company's shares were admitted to trading on AIM and CISX on 17 June 2008
with an initial audited net asset value on 30 June 2008, reflecting the costs
of flotation, of 95.02 pence per share. To date, the net asset value per share
of the Company has been calculated on a quarterly basis. With effect from 31
January 2010, the Company will calculate and issue a monthly unaudited net
asset value.

William Collins, Chairman of Crystal Amber Fund, commented: "Since its
admission to trading on 17 June 2008, the Company's net asset value per share
has risen by approximately 30 per cent. Whilst we are determined to proceed
carefully in current economic conditions, we look forward to 2010 with cautious
optimism".

For further enquiries please contact:

Crystal Amber Fund Limited

William Collins (Chairman)

Tel: [phone]

Merchant John East Securities Limited

David Worlidge/Bidhi Bhoma

Tel: [phone]