Director Declaration (4609Z)

TIDMH2O

RNS Number : 4609Z

Aqua Resources Fund Limited

15 March 2012

Directors' Declaration

15(th) March 2012

Aqua Resources Fund Limited (the "Company")

the Authorised Closed-ended investment scheme.

In accordance with Listing Rule 9.6.14 R the Company announces that Mr. Jonathan Hooley, a non-executive Director, has informed the Company that Argentum Capital Limited, of which he is a Director, will be listed on the Channel Islands Stock Exchange on or about 16(th) March 2012.

Enquiries:

Aqua Resources Fund Limited

Hasan Askari, Chairman

FourWinds Capital Management, Investment Manager

Kimberly Tara, Chief Executive Officer

Valerie Daoud Henderson, Head of Europe Environment Group

JuiKian Lim, Head of Asia Environment Group

[e-mail]

Cenkos Securities plc, Corporate Broker

Will Rogers [phone]

Dion Di Miceli [phone]

HSBC Securities Services (Guernsey) Limited, Administrator

Tel: [phone]

Citigate Dewe Rogerson, PR Advisor

Kevin Smith / Lindsay Noton [phone]

Notes to Editors

Aqua is a Guernsey-domiciled Authorised Closed-ended investment scheme pursuant to section 8 of the Protection of Investors (Bailiwick of Guernsey) Law 1987, as amended and rule 6.02 of the Authorised closed-ended Investment Schemes Rules 2008.

Aqua's ordinary shares were admitted to listing on the Official List of the UK Listing Authority and to trading on the main market for listed securities of the London Stock Exchange plc on 24(th) July 2008.

Aqua's investment objective is to provide long term capital appreciation through exposure to a diversified portfolio of water-related investments. Aqua will invest principally in businesses that are involved in i) water treatment and recycling (i.e. wastewater and recycling, water treatment and purification), ii) water infrastructure (i.e. water distribution) or iii) water application and conversion (water-to-energy and desalination) with the objective of capturing the growth opportunities emerging from the attractive long-term dynamics driving the water industry.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDNEAKDSFSSAEFF