Monthly Dividend

7 August 2014

                 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 57984 and registered as a Registered Closed-ended Collective Investment
Scheme with the Guernsey Financial Services Commission)


Re: Dividend Announcement

The Directors of TwentyFour Select Monthly Income Fund Limited have declared
that a dividend will be payable in respect of the month end31 July 2014as
follows:

         Ex Dividend Date     13 August 2014
         Record Date          15 August 2014
         Payment Date         29 August 2014
         Dividend per Share   0.50 pence (Sterling)


For further information, please contact:

Numis Securities Limited:
Nathan Brown [phone]
Hugh Jonathan

TwentyFourSelect Monthly Income Fund Limited:
John Magrath [phone]
Alistair Wilson