The New Ireland Fund, Inc. Monthly Portfolio Update

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

BOSTON, MA--(Marketwired - Nov 1, 2016) - The New Ireland Fund, Inc. (NYSE: IRL) today released an updated Monthly portfolio statement as of October 31, 2016.

             
Issuer Name   Shareholding   US $ Market Value   % of Market Value
AMRYT PHARMA PLC   2,312,917   405,668.16   0.59%
APPLEGREEN PLC   440,798   2,198,578.12   3.18%
BANK OF IRELAND   16,031,709   3,426,930.69   4.95%
CIE DE SAINT-GOBAIN   32,638   1,447,035.77   2.09%
CPL RESOURCES PLC   40,079   246,034.38   0.36%
CRH PLC   503,566   16,375,389.58   23.68%
DALATA HOTEL GROUP PLC   693,089   3,099,845.57   4.48%
DCC PLC   2,127   173,079.90   0.25%
GLANBIA PLC   164,684   2,679,021.49   3.87%
GREEN REIT PLC   917,386   1,367,671.84   1.98%
GREENCORE GROUP PLC   448,445   1,806,766.82   2.61%
HOSTELWORLD GROUP PLC   507,121   1,334,177.85   1.93%
INDEPENDENT NEWS & MEDIA PLC   2,514,151   325,210.27   0.47%
IRISH CONTINENTAL GROUP PLC   569,366   2,651,349.17   3.83%
KERRY GROUP PLC   37,672   2,731,327.37   3.95%
KINGSPAN GROUP PLC   127,234   3,110,276.02   4.50%
MALIN CORPORATION PLC   65,582   862,694.03   1.25%
ONE FIFTY ONE PLC   1,258,643   2,069,591.88   2.99%
ORIGIN ENTERPRISES PLC   32,506   201,327.39   0.29%
PADDY POWER BETFAIR PLC   64,936   6,712,558.98   9.70%
RYANAIR HOLDINGS PLC ADR   30,956   2,324,486.04   3.36%
RYANAIR HOLDINGS PLC   583,969   8,065,870.17   11.66%
SMURFIT KAPPA GROUP PLC   136,299   2,982,250.33   4.31%
TOTAL PRODUCE PLC   1,287,793   2,456,327.08   3.55%
             

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 KBI Global Investors (North America) Ltd (previously Kleinwort Benson Investors International Ltd), a wholly owned subsidiary of KBI Global Investors Ltd (previously 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