Transaction in Own Shares

2 March 2018

NB Global Floating Rate Income Fund Limited

(the "Company")

Transaction in Own Shares

The Company announces that pursuant to the general authority granted by shareholders of the Company on 14 June 2017 to make market purchases of its own Ordinary shares, it repurchased 1,000,000 Sterling Shares at a price of 91.4198 pence per Sterling Share, to be cancelled, on 1 March 2018. This represents approximately 0.0982 per cent of the Company's current issued Sterling Shares.

Following this transaction, the Company has in issue 1,017,454,652 Sterling Shares of which 75,000,000 are held in treasury. The Company also has 44,752,001 US Dollar Shares in issue of which 1,342,627 are held in treasury. US Dollar Shares have 1 vote per share and Sterling Shares have 1.6 votes per share.

For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and should use the figure of 1,551,336,817 voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

Enquiries:

Carey Group

Sara Bourne

Tel: +44 (0) 1481 737 245