20 April 2015

Pacific Alliance Asia Opportunity Fund Limited (the 'Company') Monthly Report

A monthly report detailing the activities of the Company for the period ended 31 March 2015 has been issued by Pacific Alliance Investment Management, the investment manager of the Company.
Electronic copies of the report have been emailed to shareholders. Copies of the report will be available, free of charge, from the offices of Grant Thornton UK LLP, 30 Finsbury Square, London EC2P 2YU or the offices of Pacific Alliance Investment Management, 15/F, AIA Central,
1 Connaught Road Central, Hong Kong for a period of 30 days from the date of this announcement and available from the Company's website, www.pax-fund.com.

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