Company Announcements

GCP Asset Backed Income Fund Limited

("GCP Asset Backed" or the "Company")

LEI 213800FBBZCQMP73A815

Total Voting Rights & Additional Listing

4 June 2019

GCP Asset Backed, which invests in asset backed loans, today announces that further to the Company's announcement on 24 May 2019, 273,753 ordinary shares have been admitted to the Premium Listing segment of the Official List of the UK Listing Authority and dealings have commenced on the London Stock Exchange's Main Market for listed securities at 8:00am today.

As at 4 June 2019, the Company's issued share capital consists of 380,545,847 ordinary shares of no par value each and therefore, the total number of issued shares with voting rights is 380,545,847.

The above figure of 380,545,847 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company, under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

Gravis Capital Management Limited                                                                      + 44 (0) 20 3405 8500

David Conlon                                                    

Dion Di Miceli                                                    

Cenkos Securities plc                                                                                                     +44 (0) 20 7397 8900

Tom Scrivens                                                    

Oliver Packard                                                  

Sapna Shah        

Buchanan/Quill                                                                                                       +44 (0)20 7466 5000

Helen Tarbet

Nick Croysdill

Henry Wilson   

Notes to Editor

The Company is a closed ended investment company traded on the Main Market of the London Stock Exchange. Its investment objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.

The Company seeks to meet its investment objective by making investments in a diversified portfolio of predominately UK based asset backed loans which have contracted, predictable medium to long term cash flows and/or physical assets.