Holding(s) in Company

For filings with the FCA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                       
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                  TwentyFour Select   
of existing shares to which voting rights are                      Monthly Income Fund  
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                             
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                     YES
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                   PREMIER FUND MANAGERS LIMITED
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                   21/11/2014          
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                   02/12/2014          
                                                                                        
7. Threshold(s) that is/are crossed or                                  9%              
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                                     
                                                                                                         
A: Voting rights attached to shares viii, ix                                                             
                                                                                                         
Class/type   Situation previous              Resulting situation after the triggering transaction        
of           to the triggering                                                                           
shares       transaction                                                                                 
                                                                                                         
                                                                                                         
if possible  Number             Number       Number      Number of voting          % of  voting rights x 
using        of                 of           of shares   rights                                          
the ISIN     Shares             Voting                                                                   
CODE                            Rights                                                                   
                                             Direct      Direct xi    Indirect xii Direct  Indirect      
                                                                                                         
                                                                                                         
                                                                                                         
                                                                                                         
                                                                                                         
             11,630,000         11,630,000   11,630,000  11,630,000                8.94%                 
GG00BJVDZ946                                                                         
                                                                                                         
                                                                                                        
                                                                                                         
                                                                                                         
B: Qualifying Financial Instruments                                                                      
                                                                                                         
Resulting situation after the triggering transaction                                                     
                                                                                                         
Type of        Expiration         Exercise/               Number of voting               % of voting     
financial      date xiii          Conversion Period xiv   rights that may be             rights          
instrument                                                acquired if the                                
                                                          instrument is                                  
                                                          exercised/ converted.                          
                                                                                                         
                                                                                                        
                                                                                                         
                                                                                                         
C: Financial Instruments with similar economic effect to Qualifying Financial                            
Instruments xv, xvi                                                                                      
                                                                                                         
Resulting situation after the triggering transaction                                                     
                                                                                                         
Type of       Exercise price     Expiration   Exercise/  Number of voting rights      % of voting rights 
financial                        date xvii    Conversion instrument refers to         xix, xx            
instrument                                    period                                                     
                                              xviii                                                      
                                                                                                         
                                                                                      Nominal Delta       
                                                                                                         
                                                                                                         
                                                                                                         
                                                                                                         
Total (A+B+C)                                                                                            
                                                                                                         
Number of voting rights                           Percentage of voting rights                            
                                                                                                         
                                                                                                         
                                                                                                         
11,630,000                                                                 8.94%                         
                                                                                                         
         
 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                       
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
                                                                                       
                                                                                        
13. Additional information:                  Percentage based on Issued Share Capital of
                                                                                        
                                                             130,135,900                
                                                                                        
14. Contact name:                                           Abiola Banwo                
                                                                                        
15. Contact telephone number:                            [phone]