STOCK EXCHANGE ANNOUNCEMENT

For Immediate Release 15 January, 2016

Re: Investment Manager Interests

The Directors of Abraxas Fund Limited (the 'Fund') wish to notify the following interests held by Abraxas Capital Management Limited, the Investment Manager of the Fund, which were notified to it on 11 December 2015.

Nature of Transaction

Sale of shares

Date of Transaction

4th January 2016

Amount & Class of Shares

668.735 of series one shares

Price of Shares

EUR 144.535

No. of shares & % of holding following transaction

Nil

Nature of Investment Manager's Interest

Direct holding

Options Granted

N/a

Enquiries

Abraxas Capital Management Limited

Mana Mahil

+44 20 7340 8779

Davy

Kate Fagan

+353 1 614 8933

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

ISE - The Irish Stock Exchange plc issued this content on 2016-01-15 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-15 12:32:05 UTC

Original Document: http://www.ise.ie/app/announcementDetails.aspx?ID=12661136