Ostrich Caribbean Development Fund Hires Pristine Advisers LLC.

GRAND CAYMAN, BRITISH WEST INDIES--(Marketwire - Jul 18, 2011) - The Ostrich Caribbean Development Fund, L.P. (or the "Fund") today announced that it has hired Pristine Advisers, LLC. to provide strategic investor relations and financial communications services.

Pristine Advisers will work closely with the Fund's executive management team and advisory board to develop an ongoing comprehensive investor relations message to solidify investor support and create investor awareness of the Fund. In addition, Pristine Advisers will assist in the development of a customized, high-quality, and fully integrated media communications program.

Investing in the Caribbean:

The Caribbean has largely been an overlooked and untapped investment market for institutional North American and European asset managers. This has resulted in an opportunity to capitalize on investment in prime assets with limited competition, and a need for capital infusion into the economies to sustain growth and development. Significant infrastructure developments are taking place to enhance economic opportunities such as new toll roads, upgraded and expanded airport facilities for example in Jamaica, port development, IT infrastructure with Jamaica in particular becoming the hub for IT, transportation, logistics, finance and shipping.

"The Caribbean is a fertile territory for infrastructure and private equity investors. There is a relative shortage of economic capital in the region, and market inefficiencies create attractive deal opportunities," states Anthony St.G.Dunn, Chairman and Chief Investment Officer of Ostrich Investments Cayman Limited, "Very few, if any, private equity funds are focused on the region, resulting in little competition on deals and attractive entry valuations. The most developed countries in the Caribbean are Jamaica, Trinidad & Tobago, Barbados, and The Bahamas. It is our hope that this new formed relationship with Pristine Advisers can assist us in giving our Fund visibility in the marketplace and bring us together with some like-minded investors."

About Ostrich Caribbean Development Fund Ostrich Caribbean Development Fund L.P. (the "Fund") is a newly-formed exempted limited close-ended partnership established under the laws of the Cayman Islands on the 08^th day of September 2010. Ostrich Investments Cayman Ltd, a Cayman Islands exempted company is the general partner of the Fund (the "General Partner") and is responsible for managing and administering the business of the Fund.

The objective of the Fund is to provide its Limited Partners with capital appreciation through investments primarily in middle market opportunities and businesses with significant operations in Jamaica, the Caribbean and select regions in Latin America and in international investments in which operations based in Jamaica and the Caribbean hold a significant interest. The Fund will target specific sectors such as financial services, construction materials, agribusiness, tourism, information technology, healthcare and residential real estate.

The Fund intends to deliver superior returns to investors' while maintaining a disciplined and focused investment approach. The Fund intends to invest in unlisted and listed securities with significant operations in Jamaica and the Caribbean and real estate in Jamaica. In addition, the Fund intends to seek exposure to international investments in which Jamaican and Caribbean based operations hold significant interests which may therefore mean that the operations of such investments will not be based in Jamaica or the Caribbean. The Fund will consider investments where it believes such investments can achieve an annualized internal rate of return in excess of 20% ("Target Return"), net of Management Fees and other fees and expenses. However, there is no guarantee that this Target Return will be achieved.

Ostrich is a full member of the Emerging Market Private Equity Association (EMPEA) -- www.empea.net

Additional information on the Fund may be obtained at www.ostrichinvestments.com

About Pristine Advisers: Pristine Advisers LLC is a one-stop investor relations, public relations, social media/ media relations firm with a special niche in Funds. We have extensive contacts in all areas of the financial industry including global media, institutional shareholders, analysts and brokers. We focus on the development and implementation of investor relations campaigns specifically designed to achieve clients' fundamental goals. www.pristineadvisers.com