Dividend Declaration

7 February 2020

Hadrian's Wall Secured Investments Limited (the "Company")

Dividend Declaration

Dividend for the Quarter Ended 31 December 2019

The Directors of the Company have declared that a dividend of 1.5p pence per share be paid to holders of Ordinary Shares as follows in respect of the quarter ended 31 December 2019:

Ex-Dividend Date: 20 February 2020

Record Date: 21 February 2020

Payment Date: 13 March 2020

Dividends will be paid gross of tax.

LEI: 213800ABN7VKMVNOLG14

Contact Details

Hadrian's Wall Capital (Investment Adviser)

Ron Miao / Mike Schozer Telephone 020 3026 8620

International Fund Management (Investment Manager)

Chris Hickling Telephone 01481 737600

Winterflood Investment Trusts (Corporate Broker)

Joe Winkley / Neil Morgan Telephone 020 3100 0000