The New Ireland Fund, Inc. Monthly Portfolio Update

BOSTON, MA--(Marketwire - Apr 1, 2013) - The New Ireland Fund, Inc. (NYSE: IRL) today released an updated Monthly portfolio statement as of March 29, 2013.


Issuer Name	Shareholding	US $ Market Value	% of Market Value
AER LINGUS GROUP PLC	686,793	1,224,967.55	2.09%
ARYZTA AG	80,488	4,697,442.81	8.02%
BANK OF IRELAND	11,980,589	2,369,165.33	4.05%
C&C GROUP PLC	269,779	1,759,127.48	3.00%
CPL RESOURCES PLC	285,169	1,867,535.93	3.19%
CRH PLC	300,432	6,643,176.85	11.35%
DCC PLC	48,106	1,695,657.26	2.90%
DRAGON OIL PLC	232,276	2,284,702.13	3.90%
ELAN CORP PLC	110,956	1,309,280.80	2.24%
FBD HOLDINGS PLC	129,854	2,042,621.50	3.49%
GLANBIA PLC	49,757	591,709.51	1.01%
GRAFTON GROUP PLC	177,767	1,166,684.70	1.99%
IFG GROUP PLC	55,036	100,353.30	0.17%
IRISH CONTINENTAL GROUP PLC	86,983	2,217,131.08	3.79%
KENMARE RESOURCES PLC	2,627,445	1,163,989.89	1.99%
KERRY GROUP PLC	103,053	6,151,343.13	10.51%
KINGSPAN GROUP PLC	190,074	2,343,097.85	4.00%
ORIGIN ENTERPRISES PLC	281,194	1,740,401.97	2.97%
PADDY POWER PLC	32,848	2,969,464.03	5.07%
RYANAIR HOLDINGS PLC	952,379	8,659,543.30	14.79%
SEVERN TRENT PLC	58,940	1,532,187.14	2.62%
SMURFIT KAPPA GROUP PLC	149,920	2,483,394.77	4.24%
TOTAL PRODUCE PLC	1,091,757	925,265.56	1.58%
TVC HOLDINGS PLC	385,973	416,325.19	0.71%

The holdings are subject to change at any point in time hereafter.

Investment Objective: The New Ireland Fund, Inc., (NYSE: IRL) a closed-end diversified investment company, seeks long-term capital appreciation through investment of at least 80% of its assets in a portfolio of Irish securities.

The New Ireland Fund, Inc. is managed by Kleinwort Benson Investors International Ltd., a wholly owned subsidiary of Kleinwort Benson Investors Dublin Ltd.

Website: newirelandfund.com

Contact Information:

For further information, please contact:
The New Ireland Fund, Inc.
(800) 468-6475