Tax Reporting

31 March 2015

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)

                               Re: Tax Reporting                               

The Directors of TwentyFour Select Monthly Income Fund Limited wish to declare
that the HMRC Tax Reporting is available at:

http://www.twentyfouram.com/funds/select-monthly-income-fund

For further information, please contact:

Numis Securities Limited:
Nathan Brown [phone]
Hugh Jonathan

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