Holding(s) in Company

RNS Number : 8676D

Atlantis Japan Growth Fund Ld

02 April 2014

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Atlantis Japan Growth Fund Limited (AJG LN)

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights		X
Other (please specify):

3. Full name of person(s) subject to the notification obligation:	LIM Asia Multi-Strategy Fund Inc. and LIM Japan Fund
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:	31 March 2014
6. Date on which issuer notified:	2 April 2014
7. Threshold(s) that is/are crossed or reached:	17%

8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
Ordinary Shares	7,796,717	7,796,717			7,796,717		17.76%
GG00B61ND550

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A	N/A	N/A	N/A	N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
N/A	N/A	N/A	N/A	N/A	Nominal	Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

7,796,717

17.76%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

LIM Advisors Limited acts as investment manager for LIM Asia Multi-Strategy Fund Inc. and LIM Japan Fund (the "Funds"). LIM Asia Multi-Strategy Fund Inc. holds 17.47% of the Company, post the redemption of shares.

LIM Advisors Limited has indirect interest by virtue of its rights over the shares as investment manager of the Funds.