Director/PDMR Shareholding

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1 - Details of the person discharging managerial responsibilities / person closely associated
Name of natural person	Graham Menzies
2 - Reason for the notification
Position/status	Director
Initial notification/amendment	Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity	Aberforth Split Level Income Trust plc
Legal Entity Identifier code	21380013QYWO82NZV529
4 - Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Financial Instrument	Ordinary Shares
Identification Code	SEDOL: BYPBD39
Nature of transaction	Ceased management of a non-beneficial portfolio which held 36,476 Ordinary Shares
Date Of Transaction	1 January 2019
Price (s)	N/A
Volume(s)	36,476
Aggregated information	N/A
Place Of Transaction	N/A
Currency	GBP - British Pound
Contact	Michael Campbell
	Aberforth Partners LLP, Secretaries
Date of Notification	28 January 2019