At the General Meeting on 30 March 2017 called in relation to the proposed new investment objective and policy, a tender offer and proposed merger with Aberdeen UK Tracker Trust plc and the introduction of a continuation vote, all resolutions were passed.

Issue of new Ordinary Shares and Changes to the Board of Directors dated 6 April 2017

Result of Tender Offer and Tender Price dated 6 April 2017

Prospectus published 6 March 2017

Circular published 6 March 2017

Objective

The Company’s investment objective is to target a total portfolio return of LIBOR (London Interbank Offered Rate) plus 5.5 per cent. per annum (net of fees) over rolling five-year periods.