The New Ireland Fund, Inc. Monthly Portfolio Update

| Source: The New Ireland Fund, Inc. The New Ireland Fund, Inc.

BOSTON, MA--(Marketwired - Mar 1, 2016) - The New Ireland Fund, Inc. (NYSE: IRL) today released an updated Monthly portfolio statement as of February 29, 2016.

             
Issuer Name   Shareholding   US $ Market Value   % of Market Value
APPLEGREEN PLC   600,962   3,134,295.59   3.99%
BANK OF IRELAND   9,531,374   2,713,366.79   3.45%
CPL RESOURCES PLC   62,061   396,773.94   0.51%
CRH PLC   541,210   13,936,889.63   17.74%
DALATA HOTEL GROUP PLC   483,913   2,339,801.43   2.98%
DCC PLC   15,787   1,240,836.16   1.58%
GLANBIA PLC   114,883   2,291,818.11   2.92%
GRAFTON GROUP PLC   133,056   1,234,008.78   1.57%
GREEN REIT PLC   223,019   322,288.80   0.41%
GREENCORE GROUP PLC   257,223   1,363,596.99   1.74%
HOSTELWORLD GROUP PLC   750,000   2,281,765.43   2.90%
INDEPENDENT NEWS & MEDIA PLC   2,052,136   356,761.37   0.45%
IRISH CONTINENTAL GROUP PLC   532,071   2,717,184.63   3.46%
KERRY GROUP PLC   47,506   4,152,658.47   5.29%
KINGSPAN GROUP PLC   147,597   3,722,240.01   4.74%
MALIN CORPORATION PLC   65,582   855,101.38   1.09%
ONE FIFTY ONE PLC   1,258,643   2,256,514.93   2.87%
ORIGIN ENTERPRISES PLC   32,506   231,731.61   0.30%
PADDY POWER PLC   56,685   8,613,552.87   10.97%
RYANAIR HOLDINGS PLC ADR   49,887   4,149,101.79   5.28%
RYANAIR HOLDINGS PLC   792,852   12,306,202.95   15.67%
SMURFIT KAPPA GROUP PLC   135,322   3,130,370.71   3.99%
TOTAL PRODUCE PLC   527,588   814,019.78   1.04%
             

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 subsidiary of Kleinwort Benson Investors Dublin Ltd., and is listed on the New York Stock Exchange under the ticker symbol IRL. For further information, please contact the Fund at (800) 468-6475 or investor.query@newirelandfund.com

Website: newirelandfund.com

Contact Information:

For further information, please contact the Fund
(800) 468-6475
investor.query@newirelandfund.com