Director Declaration

Carador Income Fund plc (the "Company")

(a closed-ended investment company with variable capital

incorporated with limited liability) under the laws of Ireland

with registration number 415764)

Director Notification

22 November 2013

Director Declaration

In accordance with Listing Rule 9.6.14, Carador Income Fund plc, announces that Mr Nicholas Moss, a Director, has informed the Company of his retirement/resignation from the board of directors on 20 November 2013, of Absolute Return Trust Limited, a Company which was listed on the London Stock Exchange prior to it being delisted and placed into liquidation on 20 November 2013.

Enquiries:

Ciara Timon

State Street Fund Services (Ireland) Limited

Company Secretary

Tel: +353 1 7766483