Supplemental Prospectus

26 July 2016

TWENTYFOUR INCOME FUND LIMITED

(a non-cellular company limited by shares incorporated in the Island of Guernsey under the Companies (Guernsey) Law 2008, as amended, with registered number 56128 and registered as a Registered Closed-ended Collective Investment Scheme with the Guernsey Financial Services Commission)

Director Declaration

The Board of Directors of TwentyFour Income Fund Limited (the “Company”) announces the publication of a Supplementary Prospectus dated 25 July 2016.

The Supplementary Prospectus has been issued following the publication of the Company's Annual Report and Accounts for the year ended 31 March 2016, certain information from which is incorporated by reference into the Supplementary Prospectus.

Copies of the Supplementary Prospectus will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM and are also available on the Company's website at www.twentyfourincomefund.com.

Enquiries:

Company website:  www.twentyfourincomefund.com

Numis Securities Limited:
Nathan Brown                [phone]
Hugh Jonathan

TwentyFour Income Fund Limited:
John Magrath                [phone]
Alistair Wilson

Northern Trust International Fund Administration Services (Guernsey) Limited:
Rebecca Booth              [phone]
Email: [e-mail]