Total Voting Rights

2 January 2020

SQN Asset Finance Income Fund Limited

Total Voting Rights

In accordance with Rule 5.6.1 of the Disclosure Guidance and Transparency Rules ('the DTRs'), we would like to notify the market of the following:

SQN Asset Finance Income Fund Limited (the "Company") advises that as at 31 December 2019 its issued share capital comprises 355,975,669 Ordinary Shares and 138,924,222 C Shares. The total issued share capital with voting rights is 494,899,891. There are currently 1,731,838 shares held in treasury.

The total number of voting rights of the Ordinary Shares is 355,975,669 and the total number of voting rights of the C Shares is 138,924,222. As such the total voting rights figure of 494,899,891 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Notifications to the Company under DTR 5.1.2R (notification or the acquisition or disposal of major shareholdings) should be made by email to notice@bnpparibas.com or via mail or other delivery service to the Company's registered office.

For further information please contact:

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

Sharon A Williams

Telephone: 01481 750853