THE OTTOMAN FUND LIMITED

For immediate release
4 August 2015

Resignation of Director

Eitan Milgram has tendered his resignation as a director of The Ottoman Fund Limited (the "Company"). The resignation requires the prior approval of the Jersey Financial Services Commission which is pending.

The Board appreciates Mr. Milgramís many contributions to the Ottoman Fund while he served as a Company director over the last five years.

List of Contacts

N+1 Singer (Nomad and Broker)      +44 (0)20 7496 3000
James Maxwell

Vistra Fund Services Limited      +44 (0)1534 504 700
Company Secretary