THE OTTOMAN FUND LIMITED

For immediate release
17 July 2009

Annual General Meeting Results

The Ottoman Fund Limited (the "Fund"), is pleased to announce that all resolutions put to shareholders at the Fund's Annual General Meeting held today in Jersey, including a Special Resolution to approve the Fund's share buy-back authority, were duly passed.

For further details please contact:

Development Capital Management     020 7355 7600
Tom Pridmore
Andrew Mitchell
Roger Hornett

Numis Securities Ltd      020 7260 1000
Nominated Adviser: Nick Westlake
Hugh Jonathan