Director Declaration

Duet Real Estate Finance Limited

(the "Company")

Director Declaration

In accordance with Listing Rule 9.6.14, the Company acknowledges that John Falla, a Non-Executive Director, has informed the Company that he has been appointed as a Non-Executive Director of SQN Asset Finance Income Fund Limited, a company which was admitted to the Official List of the London Stock Exchange's main market for listed securities on 14 July 2014.

- Ends -

For further information:

International Administration Group (Guernsey) Limited

Company Secretary

+44 (0)1481 723450