CRS Crystal Amber Fund Limited

                                                               7 February 2013

                          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 January 2013 was 123.78p (31 December 2012: 120.08p per share).

The proportion of the Fund's NAV at 31 January 2013 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                 13.9                    3.2%              
                                                                             
Sutton Harbour Holdings plc        11.9                    27.0%             
                                                                             
Norcros plc                        11.7                    8.2%              
                                                                             
Devro plc                          10.7                    1.1%              
                                                                             
Tribal Group plc                    8.8                    4.4%              
                                                                             
API Group plc                       8.1                    9.0%              
                                                                             
Smiths News plc                     7.1                    1.4%              
                                                                             
Northgate plc                       5.6                    0.8%              
                                                                             
4imprint Group plc                  4.6                    2.9%              
                                                                             
Hansard Global plc                  4.1                    1.6%              
                                                                             
Total of ten largest holdings      86.5                                      
                                                                             
Other investments                  14.4                                      
                                                                             
Cash and accruals                  22.9                                      
                                                                             
Total NAV                          123.8                                     

For further enquiries please contact:

Crystal Amber Fund Limited
William Collins (Chairman)
Tel: 01481 716 000

Merchant Securities Limited - Nominated Adviser
David Worlidge/Simon Clements
Tel: 020 7628 2200

Numis Securities Limited - Broker
Nathan Brown/Hugh Jonathan
Tel: 020 7260 1426

Crystal Amber Advisers (UK) LLP - Investment Adviser Richard Bernstein Tel: 020 7478 9080