The New Ireland Fund, Inc. Monthly Portfolio Update

| Source: New Ireland Fund New Ireland Fund

BOSTON, MA--(Marketwired - Jun 3, 2013) -  The New Ireland Fund, Inc. (NYSE: IRL) today released an updated Monthly portfolio statement as of May 31, 2013.

             
Issuer Name   Shareholding   US $ Market Value   % of Market Value
AER LINGUS GROUP PLC   686,793   1,439,274.27   2.33%
ARYZTA AG   80,488   4,610,638.66   7.47%
BANK OF IRELAND   12,150,557   2,913,235.53   4.72%
C&C GROUP PLC   269,779   1,608,324.41   2.61%
CPL RESOURCES PLC   285,169   2,014,218.11   3.27%
CRH PLC   300,432   6,346,605.08   10.29%
DCC PLC   48,106   1,823,329.24   2.96%
DRAGON OIL PLC   232,276   2,191,509.71   3.55%
ELAN CORP PLC   110,956   1,404,702.96   2.28%
FBD HOLDINGS PLC   129,854   2,322,427.15   3.76%
GLANBIA PLC   49,757   683,545.98   1.11%
GRAFTON GROUP PLC   177,767   1,251,003.87   2.03%
IFG GROUP PLC   55,036   99,929.26   0.16%
IRISH CONTINENTAL GROUP PLC   90,747   2,695,006.52   4.37%
KENMARE RESOURCES PLC   2,627,445   1,205,437.16   1.95%
KERRY GROUP PLC   103,053   5,836,463.29   9.46%
KINGSPAN GROUP PLC   190,074   2,348,088.33   3.81%
ORIGIN ENTERPRISES PLC   281,194   1,942,410.16   3.15%
PADDY POWER PLC   30,211   2,539,117.29   4.12%
RYANAIR HOLDINGS PLC   911,868   8,095,249.32   13.12%
RYANAIR HOLDINGS ADR   40,511   1,978,557.24   3.21%
SEVERN TRENT PLC   58,940   1,833,636.85   2.97%
SMURFIT KAPPA GROUP PLC   149,920   2,506,437.99   4.06%
TOTAL PRODUCE PLC   1,091,757   905,552.51   1.47%
TVC HOLDINGS PLC   385,973   482,716.25   0.78%
             

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