C Share Conversion Timetable

RNS Number : 9509H

Schroder Oriental Income Fund Ltd

26 June 2013

C Share conversion timetable

Further to the issue by Schroder Oriental Income Fund Limited (the "Company") of C Shares pursuant to its prospectus dated 9 May 2013 (the "Prospectus") the Board is pleased to announce that at least 90 per cent. of the assets attributable to the C Shares have now been invested or committed to be invested in accordance with the Company's investment policy.

Accordingly, in accordance with the terms of the C Shares, the Directors have determined that the Calculation Time for the conversion of C Shares into Ordinary Shares will be close of business on 26 June 2013 and therefore the Conversion Ratio will be calculated by reference to the respective net asset values of the C Shares and Ordinary Shares as at the Calculation Time.

The expected timetable for conversion is as follows:

Calculation Time	6.00pm on 26 June 2013
Conversion Ratio announced	28 June 2013
Record Date for Conversion and C Share register closes	6.00pm on 28 June 2013
Conversion Time and dealings in new Ordinary Shares commence	8.00am on 1 July 2013
CREST accounts credited with new Ordinary Shares in uncertificated form	1 July 2013
Share certificates in respect of new Ordinary Shares in certificated form dispatched	Week commencing 8 July 2013