Notice of AGM

Ludgate Environmental Fund Limited ("the Company")Notice of AGM

Ludgate Environmental Fund Limited announces that the Annual General Meeting ("AGM") of the Company will be held on 8 November 2013 at 10 a.m. at Lime Grove House, Green Street, St Helier, Jersey, JE1 2ST, Channel Islands. The Notice of AGM has today been sent to shareholders and an electronic copy is available on the Company's website at www.ludgateenvironmental.com.

22 October 2013

For further information contact:

Ludgate Environmental Fund Limited +44 (0) 1534 609034

John Shakeshaft, Chairman

Ludgate Investments Limited +44 (0) 20 3478 1000

Bill Weil

PricewaterhouseCoopers LLP (Nomad) +44 (0) 20 7212 1798

Chris Clarke

Panmure Gordon (Broker) +44 (0) 20 7886 2713

Paul Fincham

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