CRS Crystal Amber Fund Limited

                                                                     8 May 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 April 2014 was 160.22p (31 March: 162.21p per share).

The proportion of the Fund's NAV at 30 April 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

Tribal Group plc                    10.9                     4.6%

Sutton Harbour Holdings plc         10.6                    29.2%

4imprint Group plc                  10.2                     4.2%

Thorntons plc                       10.1                     9.4%

AER Lingus Group plc                 9.8                     1.1%

Leaf Clean Energy Company            8.5                    10.1%

API Group plc                        8.0                    11.6%

TT Electronics plc                   7.9                     1.8%

STV Group plc                        6.4                     3.5%

Hansard Global plc                   5.6                     3.1%

Total of ten largest holdings       88.0

Other investments                   54.8

Cash and accruals                   17.4

Total NAV                           160.2



For further enquiries please contact:

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

Sanlam Securities UK 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