The New Ireland Fund, Inc. Monthly Portfolio Update

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

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

             
Issuer Name   Shareholding   US $ Market Value   % of Market Value
APPLEGREEN PLC   578,824   3,067,132.67   3.78%
BANK OF IRELAND   9,656,022   2,805,895.58   3.45%
CPL RESOURCES PLC   62,061   421,783.40   0.52%
CRH PLC   568,882   16,096,519.89   19.83%
DALATA HOTEL GROUP PLC   632,458   3,209,352.82   3.95%
DCC PLC   18,181   1,607,088.03   1.98%
GLANBIA PLC   114,883   2,348,612.05   2.89%
GRAFTON GROUP PLC   189,722   1,968,800.34   2.43%
GREEN REIT PLC   223,019   358,593.12   0.44%
GREENCORE GROUP PLC   307,947   1,659,793.39   2.04%
HOSTELWORLD GROUP PLC   750,000   2,563,985.69   3.16%
INDEPENDENT NEWS & MEDIA PLC   2,052,136   385,854.14   0.48%
IRISH CONTINENTAL GROUP PLC   532,071   3,304,449.88   4.07%
KERRY GROUP PLC   40,347   3,764,628.80   4.64%
KINGSPAN GROUP PLC   147,597   3,927,330.89   4.84%
MALIN CORPORATION PLC   65,582   1,043,135.99   1.28%
ONE FIFTY ONE PLC   1,258,643   2,438,285.55   3.00%
ORIGIN ENTERPRISES PLC   32,506   248,923.49   0.31%
PADDY POWER PLC   56,196   7,851,071.86   9.67%
RYANAIR HOLDINGS PLC ADR   49,887   4,281,302.34   5.27%
RYANAIR HOLDINGS PLC   777,868   12,556,123.05   15.47%
SMURFIT KAPPA GROUP PLC   141,040   3,640,353.72   4.48%
TOTAL PRODUCE PLC   731,899   1,326,115.52   1.63%
             

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