Directors' Dealings

20 October 2014

                        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: Directors' Dealings

Pursuant to Listing Rule DTR 3.1.2R, TwentyFour Income Fund Limited (the
"Company") announces that the following beneficial holding of ordinary shares
was acquired by Mr Trevor Ash, a Director of the Company, on 20 October 2014:

5,000 ordinary shares at 125.769 pence per share.

Mr Trevor Ash is the beneficial holder of a total of 30,000 ordinary shares
representing 0.0011% of the Company's issued share capital.

For further information, please contact:

Numis Securities Limited:
Nathan Brown [phone]
Hugh Jonathan

TwentyFour Income Fund Limited:
John Magrath [phone]
Alistair Wilson