Proposed withdrawal of an AGM resolution

DORIC NIMROD AIR TWO LIMITED (the "Company")

PROPOSED WITHDRAWAL OF AN ANNUAL GENERAL MEETING'S RESOLUTION

Further to the Company's (LSE: DNA2, LEI: 213800ENH57LLS7MEM48) announcement on 1 November 2019 regarding publication of the Notice of Meeting for the Annual General Meeting on Thursday, 21 November 2019 at 10:45 a.m. (the "AGM"), the Board announces that it proposes to withdraw resolution number 8 concerning an increase to the cap on directors' remuneration.

The proposed withdrawal of resolution 8 does not otherwise affect the validity of the Notice of Meeting, the proxy form or any proxy votes already submitted.

For further information, please contact:

Administrative Enquiries:

JTC Fund Solutions (Guernsey) Limited

Tel: +44 (0) 1481 702400

Shareholder Enquiries:

Nimrod Capital LLP

Tel: +44 (0) 20 7382 4565

info@nimrodcapital.com

END OF ANNOUNCEMENT

E&OE - in transmission.