Total Voting Rights

Ranger Direct Lending Fund plc (the "Company")

Total Voting Rights

In accordance with Disclosure and Transparency Rule 5.6.1, the Company confirms that its capital consists of 14,848,650 ordinary shares of £0.01 each with voting rights (the "Shares"). No shares are held in treasury.

Shareholders may use the 14,848,650 shares as the denominator for the calculation 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 and Transparency Rules.

4 January 2016