Holding(s) in Company

For filings with the FCA include the annex                                                         
                                                                                                   
For filings with issuer exclude the annex                                                          
                                                                                                   
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                                    
                                                                                                   
1. Identity of the issuer or the underlying issuer                                                 
of existing shares to which voting rights are                 TwentyFour Income Fund Limited       
attached: ii                                                                                       
                                                                                                   
2 Reason for the notification (please tick the appropriate box or boxes):                          
                                                                                                   
An acquisition or disposal of voting rights                                                        
                                                                                                   
An acquisition or disposal of qualifying financial instruments which may result                    
in the acquisition of shares already issued to which voting rights are attached                    
                                                                                                   
An acquisition or disposal of instruments with similar economic effect to                          
qualifying financial instruments                                                                   
                                                                                                   
An event changing the breakdown of voting rights                                                   
                                                                                                   
Other (please        Change in our Terms & Conditions restricting the exercise of Voting     X     
specify):            Rights to Discretionary client holdings                                       
                                                                                                   
3. Full name of person(s) subject to the                                                           
notification obligation: iii                           Investec Wealth & Investment Limited        
                                                                                                   
4. Full name of shareholder(s)                                                                     
 (if different from 3.):iv                                                                         
                                                                       N/A                         
                                                                                                   
5. Date of the transaction and date on                                                             
which the threshold is crossed or                                 1st June 2015                    
reached: v                                                                                         
                                                                                                   
6. Date on which issuer notified:                                 2nd June 2015                    
                                                                                                   
7. Threshold(s) that is/are crossed or                                 13%                         
reached: vi, vii                                                                                   
                                                                                                   


 

8. Notified details:                                                                                 
                                                                                                     
A: Voting rights attached to shares viii, ix                                                         
                                                                                                     
                 Situation previous                                                                  
Class/type of    to the triggering         Resulting situation after the triggering transaction      
shares           transaction                                                                         
                                                                                                     
if possible                      Number      Number      Number of voting     % of  voting rights x  
using               Number         of       of shares         rights                                 
the ISIN CODE         of         Voting                                                              
                    Shares       Rights      Direct     Direct xi   Indirect    Direct     Indirect  
                                                                      xii                            
                                                                                                     
                                                                                                     
Ordinary Shares   40,429,996   40,429,996  38,791,613   38,791,613              13.62%               
                                                                                                     
GG00B90J5Z95                                                                                         
                                                                                                     
B: Qualifying Financial Instruments                                                                  
                                                                                                     
Resulting situation after the triggering transaction                                                 
                                                                                                     
                                                           Number of voting                          
Type of financial       Expiration Exercise/               rights that may be      % of voting       
instrument              date xiii  Conversion Period xiv   acquired if the         rights            
                                                           instrument is                             
                                                           exercised/ converted.                     
                                                                                                     
C: Financial Instruments with similar economic effect to Qualifying Financial                        
Instruments xv, xvi                                                                                  
                                                                                                     
Resulting situation after the triggering transaction                                                 
                                                                                                     
Type of financial  Exercise   Expiration Exercise/     Number of voting rights  % of voting rights   
instrument         price      date xvii  Conversion    instrument refers to     xix, xx              
                                         period xviii                                                
                                                                                                     
                                                                                Nominal      Delta   
                                                                                                     
Total (A+B+C)                                                                                        
                                                                                                     
Number of voting rights                          Percentage of voting rights                         
                                                                                                     
38,791,613                                       13.62%                                              
                                                                                                     


 

9. Chain of controlled undertakings through which the voting rights and/or the              
financial instruments are effectively held, if applicable: xxi                              
                                                                                            
                                                                                            
Discretionary client holdings registered in the name of Nominee companies 100%              
owned by Investec Wealth & Investment Limited.                                              
                                                                                            
Proxy Voting:                                                                               
                                                                                            
10. Name of the proxy holder:                                                               
                                                          N/A                               
                                                                                            
11. Number of voting rights proxy holder will cease                                         
to hold:                                                  N/A                               
                                                                                            
12. Date on which proxy holder will cease to hold                                           
voting rights:                                            N/A                               
                                                                                            
                                                                                            
13. Additional information:                  N/A                                            
                                                                                            
                                                                                            
14. Contact name:                            Phil Beardwell Chartered FCSI                  
                                             Senior Compliance Manager                      
                                                                                            
15. Contact telephone number:                                                               
                                             020 7597 1356