THE OTTOMAN FUND LIMITED

For Immediate Release
12 September 2007

Advisers confirmed for strategic review

On 30 August 2007, the Company announced a strategic review. The Board has now appointed Fenchurch Advisory Partners and Numis Securities (the Company's nominated adviser and broker) to act as joint financial advisers to conduct that review.

The strategic review will be comprehensive and will consider all options available to enhance shareholder value.

List of contacts

The Company     01534 709100
Jeremy Hamon (company secretary)

Development Capital Management     020 7355 7600
Tom Pridmore
Roger Hornett

Buchanan Communications    020 7466 5000
Charles Ryland Isabel Podda

Fenchurch Advisory Partners     020 7382 2222
Richard Locke

Numis Securities      020 7260 1000
Bruce Garrow
Nick Westlake