SQN Asset Finance Income Fund : Monthly NAV and Dividend

21 June 2018

SQN Asset Finance Income Fund Limited

Monthly Net Asset Value and Dividend

Net Asset Value

SQN Asset Finance Income Fund Limited (the 'Company'), the leading diversified equipment leasing fund listed in the UK, is pleased to provide its monthly net asset value ('NAV') update.

As at 31 May 2018, the unaudited estimated NAV per ordinary share (ex-dividend) was 98.31 pence.This includes the 0.6042 penceper ordinary share dividend announced on 23 May 2018 that went ex-dividend on 31 May 2018 and was paid on 18 June 2018.

As at 31 May 2018, the unaudited estimated NAV per C share (ex-dividend) was 97.63 pence. This includes the 0.25 penceper C share dividend announced on 23 May 2018 that went ex-dividend on 31 May 2018 and was paid on 18 June 2018.

Dividends

The Company is pleased to announce a dividend of 0.6042 pence per ordinary share for the month ended 31 May 2018, reflecting an annualised dividend of 7.25 pence per share. The dividend will be payable on 16 July 2018 to holders of ordinary shares on the register on 29 June 2018. The ex-dividend date is 28 June 2018.

The Company is also pleased to announce a dividend on the C Share of 0.2708 pence per C share for the month ended 31 May 2018. The dividend will be payable on 16 July 2018 to holders of C shares on the register on 29 June 2018. The ex-dividend date is 28 June 2018.

The Company's factsheet for May 2018 will shortly be available on the Company's website:www.sqncapital.com/managed-funds/sqn-asset-finance-income-fund.

For further information please contact:

SQN Capital Management, LLC Jeremiah Silkowski Neil Roberts	01932 575 888
Winterflood Securities Limited	020 3100 0000
Neil Langford Chris Mills
Buchanan Charles Ryland Henry Wilson	020 7466 5000

Notes to Editor

The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK, Northern Europe and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.

The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Capital Management (UK) Limited. The principals responsible for managing the portfolio are Jeremiah Silkowski and Neil Roberts.