The New Ireland Fund, Inc. Monthly Portfolio Update

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

BOSTON, MA--(Marketwired - Jan 2, 2015) - The New Ireland Fund, Inc. (NYSE: IRL) today released an updated Monthly portfolio statement as of December 31, 2014.

           
Issuer Name Shareholding   US $ Market Value   % of Market Value
AER LINGUS GROUP PLC 136,976   365,640.61   0.49%
ARYZTA AG 87,302   6,708,143.66   9.03%
BANK OF IRELAND 8,634,145   3,270,153.30   4.40%
C&C GROUP PLC 79,769   349,419.51   0.47%
CIE DE ST-GOBAIN 62,820   2,678,027.37   3.60%
CPL RESOURCES PLC 333,496   2,643,238.59   3.56%
CRH PLC 257,962   6,211,739.69   8.36%
DRAGON OIL PLC 262,270   2,150,435.64   2.89%
FBD HOLDINGS PLC 11,505   159,124.59   0.21%
GLANBIA PLC 197,109   3,029,106.98   4.08%
GRAFTON GROUP PLC 205,309   2,042,429.67   2.75%
GREEN REIT PLC 533,095   825,693.78   1.11%
INDEPENDENT NEWS & MEDIA PLC 1,212,051   197,997.22   0.27%
IRISH CONTINENTAL GROUP PLC 559,696   2,201,101.15   2.96%
IRISH RESIDENTIAL PROPERTIES REIT PLC 2,350,000   3,011,398.70   4.05%
KENMARE RESOURCES PLC 325,313   16,139.49   0.02%
KERRY GROUP PLC 111,797   7,720,447.22   10.39%
KINGSPAN GROUP PLC 182,544   3,169,741.90   4.27%
ONE FIFTY ONE PLC 1,666,666   2,218,429.84   2.99%
ORIGIN ENTERPRISES PLC 53,753   549,621.68   0.74%
PADDY POWER PLC 22,020   1,836,132.43   2.47%
RYANAIR HOLDINGS PLC ADR 94,218   6,714,916.86   9.04%
RYANAIR HOLDINGS PLC 911,868   10,818,922.50   14.56%
SMURFIT KAPPA GROUP PLC 153,966   3,483,941.63   4.69%
TOTAL PRODUCE PLC 312,862   405,080.21   0.55%
           
           
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 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:

Contact
The New Ireland Fund, Inc.
(800) 468-6475
investor.query@newirelandfund.com