Director Declaration

27 December 2017

SQN Asset Finance Income Fund Limited (the "Company")

Director Declaration

In compliance with Listing Rule 9.6.14, the Company announces that Mr John Falla, a Non-Executive Director, has informed the Company that CIP Merchant Capital Limited, a Company of which he is a Non-Executive Director, was admitted to trading on the AIM market of the London Stock Exchange on 22 December 2017.

There have been no other changes to the information set out in LR 9.6.13R (2) to LR 9.6.13R (6) in respect of Mr Falla.

Enquiries:

Sarah Hendry

BNP Paribas Securities Services S.C.A. Guernsey Branch

Tel: 01481 750822