Holding(s) in Company

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Carador Income Fund Plc

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[X] Other (please specify)iii: Change in total voting rights used as denominator.

Please be advised that all future TR1 notifications by Old Mutual Wealth (which will disclose under the name Quilter plc from 3rd April 2018) and Old Mutual Group Holdings (OMGH), (the South African holding company for Old Mutual Emerging Markets (OMEM) and Nedbank) will supersede current Old Mutual plc notifications previously issued.

3. Details of person subject to the notification obligationiv :

Name: Quilter Plc

City and country of registered office (if applicable):

London, UK

4. Full name of shareholder(s) (if different from 3.)v:

5. Date on which the threshold was crossed or reachedvi: 03/04/2018

6. Date on which issuer notified: 04/04/2018

7. Threshold(s) that is/are crossed or reached: 5%

8. Total positions of person(s) subject to the notification obligation:

% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments(total of 9.B.1 + 9.B.2)

Total of both in % (9.A + 9.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

5.56%

5.56%

467,884,966

Position of previous notification (if applicable)

4.88%

4.88%

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

Indirect

Direct

Indirect

IE00BYWQZX11

23,007,650

4.92%

IE00B3D60Z08

3,011,415

0.64%

SUBTOTAL A

26,019,065

5.56%

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is exercised/converted.

% of voting rights

SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[ ] Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Quilter Plc

5.56%

5.56%

Quilter Cheviot

0.19%

0.19%

Old Mutual Global Investor

5.37%

5.37%

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

12. Additional informationxvi:

Please be advised that all future TR1 notifications by Old Mutual Wealth (which will disclose under the name Quilter plc from 3rd April 2018) and Old Mutual Group Holdings (OMGH), (the South African holding company for Old Mutual Emerging Markets (OMEM) and Nedbank) will supersede current Old Mutual plc notifications previously issued.