Director Declaration

2 December 2014 TWENTYFOUR INCOME FUND LIMITED (a non-cellular company limited by shares incorporated in the Island ofGuernsey under the Companies (Guernsey) Law 2008, as amended, with registerednumber 56128 and registered as a Registered Closed-ended Collective InvestmentScheme with the Guernsey Financial Services Commission) Director Declaration In compliance with Listing Rule 9.6.14, TwentyFour Income Fund Limitedannounces that Mr Ian Burns, a Director, has informed the Company of thefollowing: * With effect from 2 December 2014, River and Mercantile UK Micro Cap Investment Company Limited, a company for which Mr Burns is a director and audit committee chairman, was admitted to the premium listing segment of the Official List and trading on the London Stock Exchange's main market for listed securities. Enquiries: Company website: www.twentyfourincomefund.com Rebecca BoothNorthern Trust International Fund Administration Services (Guernsey) LimitedTel: +44 (0) 1481 745189Email: rb235@ntrs.com