The New Ireland Fund, Inc. Announces Payment of Quarterly Distribution - Seite 2

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The final determination of the source of all distributions in 2014 will be made after year-end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides the Fund's total return performance based on net asset value (NAV) over various time periods compared to the Fund's annualized and cumulative distribution rates.

Average Annual Total Return on NAV for the 5 Year Period Ending 11/30/20141		13.79%
Current Fiscal Period's Annualized Distribution Rate on NAV2		N/A*
Fiscal Year to Date (11/1/2014 to 11/30/2014)
Cumulative Total Return on NAV1		5.15%
Cumulative Distribution Rate on NAV2		N/A*

1 Return data is net of all fund expenses and fees and assumes the reinvestment of all distributions reinvested at prices obtained under the Fund's dividend reinvestment plan.

2 Based on the Fund's NAV as of November 30, 2014.

*The Fund's fiscal period is 11/1/2014 to 11/30/2014 and there were no distributions in this period.

While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.