November 4, 2013

Contact: David J. Christensen President and Chief Executive Officer (800) 432-3378 or (650) 376-3135 info@asaltd.com

For Immediate Release:

ASA Gold and Precious Metals Limited Declares Distribution

San Mateo, CA, November 4, 2013 - ASA Gold and Precious Metals Limited (NYSE:ASA) declared a distribution of $0.15 per share of the Company. The distribution is payable on November 26, 2013 to shareholders of record as of the close of business November 19, 2013. The Company has paid uninterrupted distributions since 1959.
Established in 1958, ASA Gold and Precious Metals Limited is a closed-end fund (NYSE: ASA) that invests in the securities of mining companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals.
Investors are encouraged to visit ASA's website for additional information, including historical and current share prices and metals prices, news releases, financial statements, tax and supplemental information. The site may be found at www.asaltd.comor you may contact ASA directly at (800) 432-3378.

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