Total Voting Rights

2 March 2020

Alcentra European Floating Rate Income Fund Limited

Total Voting Rights

In accordance with Rule 5.6.1 of the FCA's Disclosure Guidance and Transparency Rules, Alcentra European Floating Rate Income Fund Limited ("the Company"), notifies the market of the following:

As at the close of business on 29 February 2020, the Company's issued share capital consisted of 103,361,401 ordinary shares. There are 16,510,128 shares held in treasury.

Each ordinary share carries the right to 1.2 votes. Therefore the total number of voting rights in the Company is 124,033,681. This figure may be used by shareholders as the denominator for the calculations by which they will determine if 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.

Enquiries:

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

Company Secretary

Jasper Cross

01481 750859