JF China Region Fund Enters into Credit Facility

The Board of the JF China Region Fund, Inc JFC announces that, with effect from Friday April 13, 2012, the Fund had invested 99.6% of its $20m China A-share allocation in the domestic China, renminbi denominated, A-share market. As previously announced and in light of the above, it is expected that the Board will, at its upcoming meeting, change the Fund's benchmark to a composite comprising the CSI 300 Index and the MSCI Golden Dragon Index in proportion to the Fund's holdings in China A-shares and other Greater China shares. The Board intends to provide an update in due course.