Notice of AGM

30 July 2018

Alcentra European Floating Rate Income Limited

Audited Annual Financial Statements and Notice of Annual General Meeting

("AGM")

Alcentra European Floating Rate Income Fund Limited announces that it posted both the Audited Annual Financial Statements for the year ended 31 March 2018, and the Notice convening the Company's AGM to shareholders today.

The AGM will be held at the Company's registered office, BNP Paribas House, St Julian's Avenue, St Peter Port, Guernsey GY1 1WA on 27 September 2018 at 10:00 BST.

Copies of the Audited Annual Financial Statements and Notice of AGM may be obtained on request from the Company's registered office at the above address and will shortly be available on the Company's website: www.aefrif.com

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Enquiries:

Jasper Cross

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

Company Secretary

Tel: 01481 750859