Net Asset Value(s)

5 December 2014

                          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 30 November 2014 was 150.07p (31 October: 150.69p per share).

The proportion of the Fund's NAV at 30 November 2014 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              
                                                                               
AER Lingus Group plc                26.9                     2.8%              
                                                                               
Thorntons plc                       13.8                    13.0%              
                                                                               
Sutton Harbour Holdings plc         12.7                    29.2%              
                                                                               
Leaf Clean Energy Company           11.8                    19.7%              
                                                                               
Juridica Investments Ltd             8.2                     3.7%              
                                                                               
4imprint Group plc                   8.0                     2.6%              
                                                                               
Tribal Group plc                     7.7                     3.9%              
                                                                               
NBNK Investments plc                 7.5                    28.2%              
                                                                               
STV Group plc                        6.8                     3.6%              
                                                                               
API Group plc                        5.7                    11.6%              
                                                                               
Total of ten largest holdings       109.1                                      
                                                                               
Other investments                   40.2                                       
                                                                               
Cash and accruals                    0.8                                       
                                                                               
Total NAV                           150.1                                      


For further enquiries please contact:

Crystal Amber Fund Limited
William Collins (Chairman)
Tel: [phone]

Sanlam Securities UK Limited - Nominated Adviser
David Worlidge/James Thomas
Tel: [phone]

Numis Securities Limited - Broker
Nathan Brown/Hugh Jonathan
Tel: [phone]

Crystal Amber Advisers (UK) LLP - Investment Adviser
Richard Bernstein
Tel: [phone]