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ASA Gold and Precious Metals Limited Declares Distribution

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SAN MATEO, Calif.--(BUSINESS WIRE)--

ASA Gold and Precious Metals Limited (NYSE: ASA) declared a distribution of $0.35 per share on the common shares of the Company. The distribution is payable on November 29, 2012 to shareholders of record as of the close of business November 19, 2012. 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. The Company maintains a wholly-owned investment adviser that seeks to design and manage precious metals investment portfolios for foundations, endowments and other institutional investors.

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.com or you may contact ASA directly at (800) 432-3378.

ASA Gold and Precious Metals Limited
David J. Christensen, 800-432-3378 or 650-376-3135
President and Chief Executive Officer
info@asaltd.com


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