Transactions in a close period

19 March 2018

NB Distressed Debt Investment Fund Limited

Compliance with Market Abuse Regulations - Closed Period and Share Buybacks

The Company announces the closed period commences today and that it is satisfied that any inside information which the Directors and the Company may have has been notified via a Regulated Information Service ("RIS").

The Company is therefore not prohibited from repurchasing its own shares during the period leading up to the announcement of the financial results for the year ended 31 December 2017.

If, in the period leading up to the announcement of the year-end results, the Directors or the Company come into possession of any inside information, this will be notified to an RIS before any such transactions are undertaken.

-ENDS-

For further information please call:

Sara Bourne

Carey Commercial Limited

Company Secretary

+44 (0) 1481 737281