Transaction in Own Shares

 21 December 2017

Crystal Amber Fund Limited

(the “Company”)

Transaction in Own Shares

The Board of Crystal Amber Fund Limited announces that, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 23 November 2017, on Wednesday 20 December 2017 the Company purchased 10,000 of its own ordinary shares of 1p each (“Ordinary Shares”) at a price of 188p per share. These shares will be held as treasury shares.

Following this transaction, the total number of Ordinary Shares held as treasury shares by the Company is 1,175,000. The total number of Ordinary Shares in issue (excluding shares held as treasury shares) is 97,824,762.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the individual purchases made by Winterflood Securities on behalf of the Company as part of the buyback programme.

For further enquiries please contact: Crystal Amber Fund Limited Chris Waldron (Chairman) Tel: [phone] Allenby Capital Limited - Nominated Adviser David Worlidge/James Thomas/Liz Kirchner Tel: [phone] Winterflood Securities - Broker Joe Winkley/Neil Langford Tel: [phone] Crystal Amber Advisers (UK) LLP – Investment Adviser Richard Bernstein Tel: [phone]

Schedule of Purchases

Shares purchased:           Crystal Amber Fund Limited (ISIN CODE: GG00B1Z2SL48)

Date of purchases:           20 December 2017

Investment firm:                Winterflood Securities

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	188	10,000

Individual transaction:

Number of shares purchased	Transaction price (pence per share)	Time of transaction	Trading venue
10,000	188	16:36	London Stock Exchange