November 14, 2022

IMPORTANT STOCKHOLDER INFORMATION

Dear Stockholder,

Enclosed you will find a Notice and a Proxy Statement for a Special Meeting of Stockholders (the "Meeting") of The New Ireland

Fund, Inc. (the "Fund") to be held on Thursday, January 5, 2023 at 9:00 a.m. Eastern time. The Meeting will be held solely by

virtual means over the Internet. At the Meeting, stockholders will be asked to consider and vote upon a proposal to approve the

liquidation and dissolution of the Fund pursuant to the Plan of Liquidation attached to the Proxy Statement.

Dissolution of the Fund is not an outcome any of us hoped for. However, in light of the Fund's current level of assets and expenses

and the tendency of the Fund's shares to trade at prices that are below net asset values, or at a discount, during recent years,

after considering various alternatives with respect to the Fund, the Board of Directors of the Fund (the "Board") has determined

that it is advisable and in the best interest of the Fund and its stockholders to liquidate the Fund. The Board recommends that

you vote "FOR" the proposed liquidation and dissolution of the Fund. It is important that you vote your shares so that we will

have the ability to liquidate and dissolve the Fund in an orderly manner and without undue costs to stockholders.

If stockholders approve the liquidation and dissolution of the Fund pursuant to the Plan of Liquidation, and certain conditions

are met, the liquidation is expected to occur shortly after the Meeting, likely sometime in February 2023, or, if adjourned, shortly

after the date of the reconvened Meeting at which stockholders approve the liquidation of the Fund. Pursuant to the liquidation,

each stockholder will receive payment of one or more liquidating distributions equal to the stockholder's proportionate interest

in the net assets of the Fund.

You have received the enclosed proxy statement because you were a stockholder of record of the Fund as of the close of business

Your vo e is important.

on November 7, 2022 (the "Record Date").

Participation in the Meeting will be limited to stockholders of the Fund on the Record Date. You are

entitled to receive notice of, and to vote at, the Meeting and any adjournment thereof, even if you no longer hold shares of the

Fund. Your vote is important no matter how many shares you own. It is important that your vote be received no later than the

time of the Meeting.

Voting is quick and easy. Everything you need is enclosed. You may vote by completing and returning your proxy card in the

enclosed postage-paid return envelope or by visiting the Internet website listed on the enclosed proxy card. You may also vote

at the Meeting, though we request that you vote using one of the above methods even if you plan to attend the Meeting. You may

receive more than one set of proxy materials if you hold shares in more than one account. Please be sure to vote each proxy card

you receive.

If you have any questions concerning your proxy card call the Fund at 1-800-468-6475 and verify that you are a stockholder on

the Record Date. If you are a record owner of shares, please have your control number on your proxy card available when you

call or include it in your email. If you sign, date, and return the proxy card but give no voting instructions, your shares will be

voted "FOR" the proposal above.

We look forward to your continued support.

Sincerely,

Derval Murray

Secretary

1

The New Ireland Fund, Inc.

c/o KBI Global Investors (North America) Limited

One Boston Place

201 Washington Street, 36th Floor

Boston, Massachusetts 02108

1-800-GO-TO-IRL(1-800-468-6475)

2

November 14, 2022

THE NEW IRELAND FUND, INC.

c/o KBI Global Investors (North America) Limited

One Boston Place

201 Washington Street, 36th Floor

Boston, Massachusetts 02108

NOTICE OF SPECIAL MEETING OF STOCKHOLDERS

To the Stockholders of The New Ireland Fund, Inc.:

NOTICE IS HEREBY GIVEN that the Special Meeting of Stockholders (the "Meeting") of The New Ireland Fund, Inc. (the "Fund"), a Maryland corporation, will be held on Thursday, January 5, 2023 at 9:00 a.m. Eastern time, for the following purpose:

1. To consider and vote on a proposal to liquidate and dissolve the Fund pursuant to a Plan of Liquidation (Proposal 1). These items are discussed in greater detail in the attached Proxy Statement.

Only stockholders of record at the close of business on November 7, 2022 (the "Record Date") are entitled to notice of, and to vote at, the Meeting or at any postponements or adjournments thereof. The Meeting will be held solely by virtual means over the Internet. Stockholders of record on the record date may attend, participate in and vote at the Meeting by visiting the following website: https://web.lumiagm.com/214266676 (password ireland2023).

If you have any questions concerning your proxy card call the Fund at 1-800-468-6475 and verify that you are a stockholder on the record date. If you are a record owner of shares, please have your control number on your proxy card available when you call. You have the right to receive notice of and to vote at the meeting if you were a stockholder of record at the close of business on November 7, 2022. Please complete, sign, date and return your proxy card to us in the enclosed, postage-prepaid envelope at your earliest convenience, even if you plan to attend the Meeting. If you prefer, you can authorize your proxy through the Internet as described in the proxy statement and on the enclosed proxy card.

If you sign, date, and return the proxy card but give no voting instructions, your shares will be voted "FOR" the Proposal 1 above.

By order of the Board of Directors,

Derval Murray

Dated: November 14, 2022

Secretary

The Notice of Special Meeting of

Stockholders, Proxy Statement and the Fund's most recent annual report and semi-annual report are posted on the Fund's

Important Notice Regardi g the

.

Availability of Proxy Materials for the Meeti g.

website at

www.newirelandfund.com

WHETHER OR NOT YOU EXPECT TO ATTEND THE MEETING, WE ASK THAT YOU PLEASE COMPLETE, SIGN AND PROMPTLY RETURN THE ENCLOSED PROXY CARD IN THE ENCLOSED SELF-ADDRESSED ENVELOPE OR VOTE THROUGH THE INTERNET PURSUANT TO INSTRUCTIONS ON THE ENCLOSED PROXY CARD. IN ORDER TO AVOID THE ADDITIONAL EXPENSE TO THE FUND OF FURTHER SOLICITATION, WE ASK FOR YOUR COOPERATION IN MAILING IN YOUR PROXY CARD PROMPTLY. INSTRUCTIONS FOR THE PROPER EXECUTION OF PROXIES ARE SET FORTH BELOW.

The following general rules for signing proxy cards may be of assistance to you and avoid the time and expense to the Fund

INSTRUCTIONS FOR SIGNING PROXY CARDS

involved in validating your vote if you fail to sign your proxy card properly.

1.

Joint Accounts

: Sign your name exactly as it appears in the registration on the proxy card.

2.

All Other

: Joint owners should each sign, exactly as your names are shown in the registration.

3.

Individual Accounts

: The capacity of the individuals signing the proxy card should be indicated unless it is reflected in the

form of registration. For example:

Accounts

Registration

Valid Signature

Corporate Accounts

ABC Corp.

(1) ABC Corp.

(2) ABC Corp

John Doe, Treasurer

(3) ABC Corp.

John Doe

c/o John Doe, Treasurer

(4) ABC Corp. Profit Sharing Plan

John Doe, Trustee

Trust Accounts

Jane B. Doe, Trustee

(1) ABC Trust

(2) Jane B. Doe, Trustee

Jane B. Doe

u/t/d 12/28/78

Cust

dian or Estate Accounts

(1) John B. Smith, Cust.

John B. Smith

f/b/o John B. Smith, Jr. UGMA

(2) Estate of John B. Smith

John B. Smith, Jr., Executor

THE NEW IRELAND FUND, INC.

c/o KBI Global Investors (North America) Limited

One Boston Place

201 Washington Street, 36th Floor

Boston, Massachusetts 02108

SPECIAL MEETING OF STOCKHOLDERS

January 5, 2023

This Proxy Statement is furnished by the BoardPROXYof DirectorsSTATEMENT(the "Board") of The New Ireland Fund, Inc., a Maryland corporation (the "Fund"), in connection with its solicitation of proxies for use at the Special Meeting of Stockholders (the "Meeting") of the Fund to be held on Thursday, January 5, 2023 at 9 .a.m. Eastern time, and at any postponements or adjournments thereof. The Meeting will be held solely by virtual means over the Internet. Stockholders of record on the record date may attend, participate in and vote at the Meeting by visiting the following website: https://web.lumiagm.com/214266676 (password ireland2023).

If you have any questions concerning your proxy card, call the Fund at 1-800-468-6475 and verify that you were a stockholder on the record date. If you are a record owner of shares, please have your control number on your proxy card available when you call or include it in your email.

. To vote via the Internet, go to www.voteproxy.comto complete an electronic proxy card (haveYouyourmayproxyvotecardvia thein handInternetwhen you visit the website). You will be asked to provide the company number and control number from your proxy card. Internet voting is available 24 hours a day, 7 days a week, until 11:59 p.m., Eastern Time, on January 4, 2023.

The purpose of the Meeting and the matters to be acted upon are set forth in the accompanying Notice of Special Meeting of Stockholders.

Even if you plan to attend the Meeting, please sign, date and return the enclosed proxy card. If you vote via the Internet, you will be asked to enter a unique code that has been assigned to you, which is printed on your proxy card. This code is designed to confirm your identity, provide access to the voting website and confirm that your voting instructions are properly recorded.

All properly executed proxies received prior to the Meeting will be voted at the Meeting and at any and all postponements or adjournments thereof. On any matter coming before the meeting as to which a stockholder has specified a choice on that stockholder's proxy, the shares will be voted accordingly. If a proxy card is properly executed and returned and no choice is specified with respect to Proposal 1, the shares will be voted " " Proposal 1. Stockholders who execute proxies or provide voting instructions via the Internet may revoke them with respectFOR to the proposal at any time before a vote is taken on the proposal by submitting a written notice to the Secretary of the Fund, by delivering a duly executed proxy bearing a later date or by participation in the Meeting and voting at the Meeting.

A quorum of the Fund's stockholders is required to properly conduct the business of the Meeting. Under the charter and Bylaws of the Fund, a quorum is constituted by the presence in person or by proxy of stockholders entitled to cast a majority of the votes entitled to be cast at the Meeting. In the event a quorum is not present at the Meeting, the Chairperson of the Meeting will have the power to adjourn the Meeting, without notice other than an announcement at the Meeting, to permit the further solicitation of proxies. Once a quorum is established, the stockholders present, either in person or by proxy, at the Meeting may continue to transact business until adjournment, notwithstanding the withdrawal from the Meeting of enough stockholders to leave fewer than would be required to establish a quorum. Absent the establishment of a subsequent record date and the giving of notice to the holders of record thereon, the Meeting may be adjourned to a date not more than 120 days after the original record date. At such adjourned Meeting, any business may be transacted which might have been transacted at the Meeting as originally scheduled. Proxies that reflect abstentions will be counted as shares that are present and entitled to vote on the matter for purposes of determining the presence of a quorum.

The close of business on November 7, 2022 has been fixed as the record date (the "Record Date") for the determination of stockholders entitled to notice of, and to vote at, the Meeting. As of the Record Date, the Fund had 3,626,980 shares of common stock outstanding and entitled to vote. At the Meeting, each share will be entitled to one vote, and fractional shares, if any, shall have proportionate voting rights. It is expected that the Notice of Special Meeting, Proxy Statement, and form of proxy will be mailed to stockholders on or about November 14, 2022.

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The New Ireland Fund Inc. published this content on 15 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2022 14:51:02 UTC.