Ground Rents Income Fund : Result of Annual General Meeting

23 March 2020

Annual General Meeting

Ground Rents Income Fund plc (the 'Company') announces that at the Annual General Meeting of the Company held at 1 London Wall Place, London EC2Y 5AU on Monday 23 March 2020, resolutions numbered 1 to 11 as set out in the Notice of Meeting were duly passed on a show of hands.

The proxy votes received by the Company were as follows:

	Resolution	For (including discretionary)	%	Against	%	Withheld	Total % of Voting Capital voted (Including Withheld)
1	Annual Report and Accounts	34,759,113	100	0	0	0	35.83%
2	Election of Bill Holland	34,759,113	100	0	0	0	35.83%
3	Re-election of Malcolm Naish	34,660,733	99.87	45,463	0.13	52,917	35.83%
4	Re-election of Paul Craig	34,713,209	99.87	45,904	0.13	0	35.83%
5	Re-appointment of Pricewaterhouse Coopers LLP as auditor	34,758,063	99.99	1,050	0.01	0	35.83%
6	Authority to determine the auditor's remuneration	34,758,672	99.99	441	0.01	0	35.83%
7	Approval of dividend policy	34,759,113	100	0	0	0	35.83%
8	Authority to allot shares	34,754,512	99.99	4,601	0.01	0	35.83%
9	Disapplication of pre-emption rights (first resolution)	34,715,903	99.88	43,210	0.12	0	35.83%
10	Disapplication of pre-emption rights (second resolution)	34,715,903	99.88	43,210	0.12	0	35.83%
11	Authority to purchase own shares	34,719,308	99.89	39,805	0.11	0	35.83%

*Resolutions 9, 10 and 11 were passed as special resolutions. Copies of resolutions 8, 9, 10, and 11 will be filed at Companies House.

Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.

The total number of ordinary shares of 50p each in issue is 97,006,497. The total number of voting rights is:97,006,497.

A copy of the resolutions passed at today's AGM will be available for inspection on the Company's website athttp://www.groundrentsincomefund.com

Enquiries:

Matthew Riley

Schroder Investment Management Limited

020 7658 6596