Chenavari Toro Income Fund Limited (the Company)

20 August 2018

Scrip Dividend Election Price

In connection with the scrip dividend offer made in respect of the dividend for the quarter ended 30 June 2018, of EUR 0.02 per ordinary share, the Company announces that the scrip dividend electionprice will be €0.9550 per ordinary share.

Further information in relation to the Company is available at:

http://www.chenavaritoroincomefund.com

Enquiries:

Kirstie Sumarno

Chenavari Investment Managers

Email:tlir@chenavari.com

Telephone: +44 20 7259 3600

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Toro Ltd. published this content on 20 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 August 2018 17:06:04 UTC