Director Declaration

3 February 2016

TWENTYFOUR SELECT MONTHLY 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 57985 and registered as a Registered Closed-ended Collective Investment Scheme with the Guernsey Financial Services Commission)

Director Declaration

In accordance with Listing Rule 9.6.14(2), TwentyFour Select Monthly Income Fund Limited (the “Company”) announces that Ms Claire Whittet, a non-executive director and Chair of the Company, was appointed as a non-executive director of Eurocastle Investment Limited (Euronext Amsterdam: ECT) on 29 January 2016.

Enquries:

Rebecca Booth

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel:     [phone]

Email:      [e-mail]