PRESS RELEASE

3/3/2010

The New Ireland Fund, Inc. Monthly Portfolio Update

Boston, March 3, 2010 (PR Newswire etc) - The New Ireland Fund, Inc. today released an updated Monthly portfolio statement as of February 28, 2010




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