Tender Results

03 December 2014

TwentyFour Select Monthly 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 57985 and registered as a Registered Closed-ended Collective Investment
Scheme with the Guernsey Financial Services Commission)

                    Re: Tender Submission Deadline Results                     

The Directors of TwentyFour Select Monthly Income Fund Limited wish to declare
that an aggregate of 18,769 ordinary shares in respect of Tender Submissions
were received by the deadline date of 3 December 2014 for the Tender Quarter
Record Date of 31 December 2014.

For further information, please contact:

Numis Securities Limited:
Nathan Brown [phone]
Hugh Jonathan

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