SSIF.L Regulatory News (SSIF)

9 November 2017

SQN Secured Income Fund plc

Board Appointment

SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to announce the appointment of Gay Coley as a Non-Executive Director, subject to regulatory approval.

Ms Coley is currently a Director and Chair of the Audit Committee of Lowland Investment Company plc and director of a number of private companies. She was previously the Director of Public Programmes at the Royal Botanic Gardens Kew, Managing Director of the Eden Project, and Director of Finance at Plymouth University. A qualified chartered accountant, she has over 30 years' experience in private and public sector finance and governance and currently chairs the Corporate Responsibility Advisory Group of The Institute of Chartered Accountants in England and Wales. She is also a non-executive director on the Board of Ignite Investment Fund for Social Enterprise which is part of Centrica PLC.

Richard Hills, Chairman of SQN Secured Income Fund commented:

"We are delighted to welcome Gay to the Board. Her wealth of PLC and private company experience will further assist the Company as we look to deliver long term stable returns for our shareholders."

Save for the current and past directorships of companies detailed below, SQN Secured Income confirms that there are no further disclosures to be made in respect of Ms Coley for the purposes of Listing Rule 9.6.13.

Coley Hill Consultancy, Partner, Unincorporated partnership, Jan 2016 to date

Lowlands Investment Trust Plc, Director Nov 2016 to date

Road to Happiness Limited, Director May 2012 to date

How 2, Director (dormant), Nov 2003 to date

RBG Kew Enterprises Limited, Director, 3 December 2013 to 30 October 2015

Eden Project Limited, Director, 1998 to Nov 2013

EPCC Limited, Director, 2000 to 2013

Eden Trading Limited 21 February 2000 to 6 September 2013

Cornwall and Isles of Scilly Local Enterprise Partnership, Non-Executive Director, 2011 to 2013

Atlantic Radio, Non-Executive Director, 2006 to 2011

For further information please contact:

Notes to Editor

The Company aims to provide shareholders with attractive risk-adjusted returns, principally in the form of regular, sustainable dividends, through investment predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration.

The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Capital Management (UK) Limited. The principals responsible for managing the portfolio are Jeremiah Silkowski and Neil Roberts.