NB GLOBAL FLOATING RATE INCOME FUND LIMITED (GB...

NB Global Floating Rate Income Fund Limited (the "Company")

Dividend Declaration - Replacement

The following amendment has been made to the 'Dividend Declaration' announcement released on 7 April 2015 at 12.30 BST.

The last date to elect/revoke scrip elections for Ordinary Shareholders has been changed to 11 May 2015 from 13 May 2015. All other details remain unchanged.

The full amended text is shown below.

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, TO
U.S. PERSONS OR INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

7 April 2015

NB Global Floating Rate Income Fund Limited (the "Company")

Dividend Declaration

The Board of the Company (the "Board") is pleased to announce a dividend of $0.0089 per dollar ordinary share and £0.0089 per sterling ordinary share for the period 1 January 2015 to 31 March 2015.  Dividends in relation to the ordinary shares will be payable on 26 May 2015 to ordinary shareholders (the "Qualifying Ordinary Shareholders") on the register as at close of business on 17 April 2015.

The Company intends to pay dividends to shareholders equal to cash income it receives less its running costs paid in that year, subject to the solvency test prescribed by Guernsey law.

Scrip Dividend Alternative

The Board is pleased to offer a scrip dividend alternative (the "Scrip Dividend Alternative") for this distribution to the Qualifying Ordinary Shareholders who wish to receive additional ordinary shares in lieu of a cash payment.

A circular will be sent to Ordinary Shareholders setting out the detailed terms and conditions of the Scrip Dividend Alternative on or about 24 April 2015.  The circular will provide details of the Scrip Dividend Alternative instead of cash dividends, along with a scrip dividend election form for Qualifying Ordinary Shareholders to elect for the scrip Dividend Alternative (the "Form").  The Form will need to be completed and returned to Capita Asset Services by 11 May 2015 by those Qualifying Ordinary Shareholders who wish to receive shares in lieu of cash.

The dividend timetable is set out below:

Ex-dividend date	16 April 2015
Dividend record date	17 April 2015
Circular posted to shareholders	24 April 2015
Last date to elect/revoke scrip elections for Ordinary Shareholders	11 May 2015
Ordinary Shareholders dividend payment date/Allotment of scrip	26 May 2015

For further information, please contact:

Carey Group
Claire McSwiggan
[phone]

Background Information

The Company is a closed-ended investment company limited by shares incorporated under the laws of Guernsey on 10 March 2011, with registration number 53155.  The Company's investment objective is to provide its shareholders with regular dividends, at levels that are sustainable whilst preserving the capital value of its investment portfolio, utilising the Investment skills of the Investment Managers.  The Company is managed by four experienced portfolio managers backed by an experienced credit team of over 30 investment professionals.

The Company is managed by Neuberger Berman Europe Limited, an indirect wholly-owned subsidiary of Neuberger Berman Group LLC. The Investment Manager has delegated certain of its responsibilities and functions to the sub-investment manager, Neuberger Berman Fixed Income LLC, also an indirect wholly-owned subsidiary of Neuberger Berman Group LLC.  To find out more about the Company and Neuberger Berman Group LLC please visit www.nbgfrif.com.

This document has been prepared by NB Global Floating Rate Income Fund Limited ("NBGFRIFL") and is the sole responsibility of NBGFRIFL.  This document is not intended to be an investment advertisement or sales instrument and does not constitute an offer or attempt to solicit offers for any securities in NBGFRIFL in any jurisdiction.  This document was prepared using the financial information available to NBGFRIFL prior to the date of this announcement.  This information is believed to be accurate but has not been audited by a third party.  NBGFRIFL does not accept and liability for actions taken on the basis of the information provided herein.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.  

ENDS

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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 GLOBAL FLOATING RATE INCOME FUND LIMITED (GBP) via Globenewswire

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