Quarterly Net Asset Value(s)

7 October 2009

                          CRYSTAL AMBER FUND LIMITED                           

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

                           QUARTERLY NET ASSET VALUE                           

Crystal Amber Fund announces that its unaudited net asset value on 30 September
2009 was 122.83 pence per share. The audited net asset value on 30 June 2009
was 114.21 pence per share.

The Company's shares were admitted to trading on AIM on 17 June 2008 and its
net asset value per share is calculated quarterly. The initial audited net
asset value at 30 June 2008, reflecting the costs of flotation, was 95.02 pence
per share.

William Collins, Chairman of Crystal Amber Fund, commented:

"We are pleased to report a further rise in net asset value. We are making
encouraging progress in building a focused portfolio and in engaging with our
investee companies. We have taken advantage of the recent strength of markets
to realise some profits."

For further enquiries please contact:

Crystal Amber Fund Limited

William Collins (Chairman)

Tel: [phone]

John East & Partners Limited, a subsidiary of Merchant Securities Plc

David Worlidge/Bidhi Bhoma

Tel: [phone]