Notice of AGM

GCP Asset Backed Income Fund Limited

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

LEI: 213800FBBZCQMP73A815

Annual General Meeting

4 May 2018

GCP Asset Backed, which invests in asset backed loans, has published a notice of its 2018 Annual General Meeting (the "AGM"), to be held at 10:30a.m. on 6 June 2018. The Company has also posted additional information to shareholders regarding electronic communications.

The AGM notice has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM. The AGM Notice and information regarding electronic communications with shareholders can be obtained from the Company Secretary or from the Company's website, at www.graviscapital.com/funds/gcp-asset-backed/literature.

For further information, please contact:

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

David Conlon [email protected] 

Philip Kent [email protected] 

Dion Di Miceli [email protected] 

Cenkos Securities plc +44 (0)20 7397 8900

Tom Scrivens [email protected] 

Oliver Packard [email protected] 

Sapna Shah [email protected] 

Buchanan +44 (0)20 7466 5000

Charles Ryland [email protected] 

Henry Wilson [email protected] 

Link Alternative Fund Services (Jersey) Limited (Company Secretary) +44 (0)1534 847000

Myles Bridal [email protected]

Sophie Botterill [email protected]

Notes to Editors

The Company

GCP Asset Backed 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 predominantly UK based asset backed loans which have contracted, predictable medium to long term cash flows and/or physical assets.