12 January 2017

                            TwentyFour Income Fund Limited                         

    (a non-cellular company limited by shares incorporated in the Island of
    Guernsey under the Companies (Guernsey) Law 2008, as amended, with registered
    number 56128 and registered as a Registered Closed-ended Collective Investment
    Scheme with the Guernsey Financial Services Commission)

    Re:      Dividend Announcement

    The Directors of TwentyFour Income Fund Limited have declared that a dividend
    will be payable in respect of the quarter ending 31 December 2016 as follows:

    Ex Dividend Date       19 January 2017      
                                                
    Record Date            20 January 2017      
                                                
    Payment Date           31 January 2017      
                                                
    Dividend per Share     1.50 pence (Sterling)

    For further information, please contact:

    Numis Securities Limited:
    Nathan Brown             +44 (0)20 7260 1000
    Hugh Jonathan

    TwentyFour Income Fund Limited:
    John Magrath              +44 (0)20 7015 8900
    Alistair Wilson