Director Declaration

8 October 2015

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)

Director Declaration

In compliance with Listing Rule 9.6.14, TwentyFour Income Fund Limited announces that Mr Trevor Ash, a Director of the Company, has informed the Company of the following:

• With effect from 1 October 2015, Mr Trevor Ash resigned from London Stock Exchange listed company, Picton Property Income Limited.

Enquiries:

Company website:  www.twentyfourincomefund.com
Rebecca Booth
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel:          [phone]

Email:  [e-mail]