CRS Crystal Amber Fund Limited

                                                                   01 July 2014

                          Crystal Amber Fund Limited

                                (the "Company")

                              Directorate Change

Further to the Company's announcement on 7 March 2014, the Board of Crystal
Amber Fund Limited is pleased to announce the appointment of Christopher
Waldron as a Non-executive Director of the Company with immediate effect.

Mr Waldron has more than 25 years' experience as an investment manager and
until January 2013 was Chief Executive of the Edmond de Rothschild Group in
Guernsey. He remains a consultant to the Edmond de Rothschild Group and is also
a director of a number of Guernsey funds and investment management companies.
He is a Fellow of the Chartered Institute of Securities and Investment and is a
Guernsey resident.

Commenting on the appointment of Chris Waldron as a non-executive Director,
William Collins (Non-executive Chairman) said:

"My fellow directors and I are very pleased to welcome Chris as a member of the
Crystal Amber Board. He brings broad experience and we look forward to working
with him."

For further enquiries please contact:

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

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

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

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

The following information falls to be disclosed under Rule 17 and paragraph (g)
of Schedule Two of the AIM Rules for Companies.

Mr Waldron current holds no ordinary shares of 1p each in the Company.

Christopher David Waldron, aged 49, is or has been a director or partner of the
following companies or partnerships in the preceding five years:

Current directorships or partnerships   Past directorships or partnerships

GBD Limited                             Edmond de Rothschild Holdings (CI)
                                        Limited
BH Credit Catalysts Limited
                                        Edmond de Rothschild Asset Management
Omnium Investments PCC Limited          (CI) Limited

Lancaster Investment Services Limited   Edmond de Rothschild (CI) Limited

JZ Capital partners Limited             Prosperity Quest II GP Limited

MMIP PCC Limited                        Prosperity Quest II Unlisted Limited

Fair Oaks Income fund (GP) Limited      Optimal Tracker Fund PCC Limited