20 October 2014 TwentyFour Income Fund Limited(a non-cellular company limited by shares incorporated in the Island ofGuernsey under the Companies (Guernsey) Law 2008, as amended, with registerednumber 56128 and registered as a Registered Closed-ended Collective InvestmentScheme with the Guernsey Financial Services Commission)Re: Directors' DealingsPursuant to Listing Rule DTR 3.1.2R, TwentyFour Income Fund Limited (the"Company") announces that the following beneficial holding of ordinary shareswas acquired by Mr Trevor Ash, a Director of the Company, on 20 October 2014:5,000 ordinary shares at 125.769 pence per share.Mr Trevor Ash is the beneficial holder of a total of 30,000 ordinary sharesrepresenting 0.0011% of the Company's issued share capital.For further information, please contact:Numis Securities Limited:Nathan Brown +44 (0)20 7260 1000Hugh JonathanTwentyFour Income Fund Limited:John Magrath +44 (0)20 7015 8900Alistair Wilson