Dividend Declaration

JZ CAPITAL PARTNERS LIMITED (the "Company" or "JZCP")

         (a closed-ended investment company incorporated with limited
      liability under the laws of Guernsey with registered number 48761)

                            Dividend Declaration

                                 12 May 2015

The Board of JZCP (the "Board") is pleased to announce that it has
approved the payment of a dividend amounting to 17.5 cents per Ordinary share,
which will be payable by the Company in respect of the year ended 28 February
2015, with the following details:

Ex-Date                 21 May 2015
Record Date             22 May 2015
Pay Date                12 June 2015
Dividend per Share      17.5 cents (US Dollar)

Following the payment of an interim dividend amounting to 15.00
cents per Ordinary share for the period ended 31 October 2014, the above
dividend has been calculated at 3 per cent. of the Net Asset Value ("NAV) for
the year ended 28 February 2015.

Shareholders are reminded that if they wish to receive dividend
payments in Sterling, they must elect to do so by contacting Equiniti Limited
before close of business on 22 May 2015. Failure to make this election will
result in payment of the dividend in US dollars. Shareholders who have elected
to receive previous dividends in Sterling, and wish to receive the interim
dividend in Sterling are not required to take any further action.

Payment elections to be made to:

Equiniti Limited
Share Dividend Operations
Aspect House
Spencer Road
Lancing, West Sussex
United Kingdom
Tel: [phone]
Callers outside of the: UK [phone]

Enquiries:

Company website:         www.jzcp.com

Andrew Maiden
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel:        [phone]
Email:      [e-mail]