PRESS RELEASE

1/4/2010

The New Ireland Fund, Inc. Monthly Portfolio Update

Boston, January 4, 2010 (PR Newswire etc) - The New Ireland Fund, Inc. today released an updated Monthly portfolio statement as of December 31, 2009.


The holdings are subject to change at any point in time hereafter.

Investment Objective: The New Ireland Fund, Inc., (N.Y.S.E. - 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 Bank of Ireland Asset Management (U.S.) Limited, an indirect wholly owned subsidiary of Bank of Ireland Group.

Website: newirelandfund.com