CLR Investment Fund Public Ltd. announced that its board of directors has decided to establish an Audit Committee which will operate pursuant to the Auditors and Statutory Audits of Annual and Consolidated Financial Statements by Statutory Auditors and Audit Firms and Related Matters Law of 2017 (the Auditors Law of 2017, Law no. 53(I)/2017), for Public Interest Entities. The company's Audit Committee will be independent from the board of directors and will have the following composition: Gregoris Dellas - Non-Executive President; Marios Demetriades - Independent Non-Executive Member; Maria Saouri - Independent Non-Executive Member. The Members of the Audit Committee have accepted their appointment which will come to effect on January 1, 2019. It is noted that the appointment of the two Independent Non-Executive Members in the independent Audit Committee is subject to the approval of the General Meeting of the company's shareholders which will be held in 2019.