Net Asset Value(s)

7 September 2012

                          CRYSTAL AMBER FUND LIMITED                           

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

                            Monthly Net Asset Value                            


Crystal Amber Fund announces that its unaudited net asset value ("NAV") per
share on 31 August 2012 was 104.81p (31 July 2012: 104.96p per share).

The proportion of the Fund's NAV at 31 August 2012 represented by the ten
largest holdings, other investments and cash (including accruals), was as
follows:

Top ten holdings          Pence per share     Percentage of investee   
                                                   equity held         
                                                                       
TT Electronics plc              19.8                   5.1%            
                                                                       
Sutton Harbour Holdings         8.9                   26.9%            
plc                                                                    
                                                                       
Devro plc                       7.8                    0.9%            
                                                                       
N Brown Group plc               7.5                    0.6%            
                                                                       
Renishaw plc                    7.2                    0.4%            
                                                                       
Norcros plc                     6.7                    6.0%            
                                                                       
Tribal Group plc                5.9                    4.3%            
                                                                       
API Group plc                   5.6                    7.3%            
                                                                       
Smiths News plc                 4.9                    1.4%            
                                                                       
United Drug plc                 4.6                    0.6%            
                                                                       
Total of ten largest            78.9                                   
holdings                                                               
                                                                       
Other investments               11.6                                   
                                                                       
Cash and accruals               14.3                                   
                                                                       
Total NAV                      104.8                                   

For further enquiries please contact:

Crystal Amber Fund Limited

William Collins (Chairman)

Tel: [phone]

Merchant Securities Limited - Nominated Adviser

David Worlidge/Simon Clements

Tel: [phone]

Numis Securities Limited - Broker

Nathan Brown/Hugh Jonathan

Tel: [phone]

Crystal Amber Advisers (UK) LLP - Investment Adviser

Richard Bernstein

Tel: [phone]