Ground Rents Regulatory News (GRIO)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

GROUND RENTS INCOME FUND PLC

2 Reason for the notification (please tick the appropriate box or boxes):

3. Full name of person(s) subject to the notification obligation: iii

Brooks Macdonald Group PLC

Brooks Macdonald Asset Management Ltd

4. Full name of shareholder(s) (if different from 3.):iv

Brooks Macdonald Nominees LtdHarewood Nominees LtdSecure Nominees Ltd

5. Date of the transaction and date on which the threshold is crossed or reached: v

16/03/2016

6. Date on which issuer notified:

17/03/2016

7. Threshold(s) that is/are crossed or reached: vi, vii

10.00%

A: Voting rights attached to shares viii, ix

Resulting situation after the triggering transaction

Resulting situation after the triggering transaction

Number of voting rights

Percentage of voting rights

10,189,300.00

10.94

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:

14. Contact name:

William Lester.

15. Contact telephone number:

020 7659 5889