Dividend

12 October 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 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 line with the Prospectus, representing the final year-end dividend for the financial period ending 30 September 2016 as follows:

Ex Dividend Date	20 October 2016
Record Date	21 October 2016
Payment Date	31 October 2016
Dividend per Share	1.3519144 pence (Sterling)

For further information, please contact:

Numis Securities Limited:
Nathan Brown             [phone]
Hugh Jonathan

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