The Swiss Helvetia Fund, Inc. Announces Expiration And Preliminary Results Of One-Time Cash Tender Offer

NEW YORK, April 25, 2017

Based on preliminary information provided by American Stock Transfer & Trust Company, LLC, the depositary for the Offer, approximately 17,795,965 shares of common stock, or approximately 63% of the Fund's outstanding shares as of the commencement of the Offer, were tendered through the Expiration Date. This number is subject to adjustment and should not be regarded as final because the number of shares tendered exceeded 2,812,653 (the maximum number of shares being sought in the Offer) and thus the number of shares that will be purchased by the Fund will be prorated based on the number of shares validly tendered by each stockholder. No more than a total of 2,812,653 validly tendered shares will be accepted for payment at a price per share equal to 98% of the Fund's net asset value per share determined as of the close of the regular trading session of the New York Stock Exchange today, April 25, 2017.  The final number of shares validly tendered and accepted pursuant to the Offer and the Offer price per share will be announced at a later date.

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About The Swiss Helvetia Fund, Inc.

The Fund (www.swzfund.com) is a non-diversified, closed-end investment company seeking long-term capital appreciation through investment in equity and equity-linked securities of Swiss companies.  Its shares are listed on the NYSE under the symbol "SWZ." The Fund seeks to achieve its investment objective by investing generally in Swiss equity and equity-linked securities that are traded on a Swiss stock exchange, traded at the pre-bourse level of one or more Swiss stock exchanges, traded through a market maker or traded over the counter in Switzerland.  The Fund also may invest in Swiss equity and equity-linked securities of Swiss companies that are traded on other major European stock exchanges.

Closed-end funds, unlike open-end funds, are not continuously offered. Typically, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the Fund's shares is determined by a number of factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value.

The Fund is managed by Schroder Investment Management North America Inc.