Chenavari Toro Regulatory News (TORO)

Toro Limited (Toro or the Company)

26 July 2017

Toro Declares Dividend for Quarter ended 30 July 2017

The Company is pleased to announce the payment of a dividend of EUR 0.02 per ordinary share for the period 1 April 2017 to 30 June 2017.

The dividend will be paid on 4 September 2017 to holders of ordinary shares recorded on the register as at close of business on 4 August 2017 with an ex-dividend date of 3 August 2017.

Further information in relation to the Company is available at:

http://www.torolimited.gg/

Enquiries:

Kirstie Sumarno

Chenavari Investment Managers

Email: tlir@chenavari.com

Telephone: +44 20 7259 3600