NB DISTRESSED DEBT INVESTMENT FUND LIMITED EXT ...

26 January 2015

NB Distressed Debt Investment Fund Limited
(the "Company")

Transaction in Own Shares

The Company announces that pursuant to the general authority granted by shareholders of the Company on 24 July 2014 to make market purchases of its own Extended Life ordinary share capital ("Extended Life Shares"), it repurchased for cancellation on 23 January 2015, 50,000 Extended Life Shares at a price of $1.095 per Extended Life Shares, representing approximately 0.02 per cent. of the Company's current issued Extended Life Shares.

Following the purchase and cancellation, the Company's issued share capital now consists of 331,867,856 Extended Life Shares.

Enquiries:

Carey Group, Company Secretary
Sara Bourne      
01481 737245

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NB DISTRESSED DEBT INVESTMENT FUND LIMITED EXT SHS NPV via Globenewswire

HUG#1889296