Gulf Regulatory News (GIF)

Legal Entity Identifier: 2138009DIENFWKC3PW84

01 February 2018

GULF INVESTMENT FUND PLC

TREASURY SHARES - CANCELLATION

Gulf Investment Fund plc (the "Company") announces that 10,000 shares purchased on 05 January 2017, the 10,000 shares purchased on 06 January 2018, the 7,735 shares purchased on 11 January 2017, the 5,000 shares purchased on 12 January 2017, 5,079 shares purchased on 19 January 2018, the 10,000 shares purchased on 25 January 2017 and the 10,000 shares purchased on 31 January 2017 have been cancelled in accordance with the Company's treasury share policy published on 15 August 2010. Following the cancellation, the Company now holds 104,117 shares in treasury.

The Company's issued share capital comprises 92,461,242 ordinary shares with voting rights with a further 104,117 shares held in treasury.

In accordance with the Disclosure and Transparency Rule 5.6.1, the Company's total number of shares with voting rights therefore remains unchanged at 92,461,242.

For further information please contact

Ian Dungate/Suzanne Jones + 44 (0) 1624 692600

Galileo Fund Services Limited

Andrew Potts +44 (0) 20 7886 2500

Panmure Gordon

William Clutterbuck/Robbie Hynes +44 (0) 20 7379 5151

Maitland