9 November 2017

Murray Income Trust PLC

Fixed rate note borrowing and new loan facility

Murray Income Trust PLC (the "Company") is pleased to announce that it has issued £40m of 10 year Senior Secured Fixed Rate notes at a coupon of 2.51% ("Notes") and entered into a new £20 million 3 year unsecured multi-currency revolving credit loan facility agreement with Scotiabank Europe PLC (the "New Facility").

Through the issue of the Notes, the Company has obtained fixed rate long dated Sterling denominated financing at a price that the Company considers attractive.  The Company continues to believe that sensible use of modest financial gearing will enhance returns of both capital and income to shareholders over the longer term.

Interest on the Notes is payable semi-annually in arrears and the principal repayment date will be 8 November 2027.

The proceeds from the Notes and the New Facility will replace the Company's previous loan facility agreement with The Royal Bank of Scotland PLC. The £60m of aggregate borrowings, including the New Facility if fully drawn down, would represent 10.4% of the Company's net assets at 8 November 2017.

There has been no change to the Company's policy on gearing as set out on page 7 (and referred to in the Chairman's statement on page 5) of the Company's annual report for the year ended 30 June 2017.

For further information please contact:

Aberdeen Asset Management PLC

Secretaries

Telephone: 0131 528 4000

Disclaimer

The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Act") and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act. This notice is for information only, does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.