Partial Compulsory Redemption of Shares

Chenavari Capital Solutions Limited (the Company)

3 January 2019

Partial Compulsory Redemption of Shares

Following the redemption of 10,050,209 Redeemable Ordinary Shares of No Par Value ("Ordinary Shares") at a rate of 89.55 pence per Ordinary Share on 2 January 2019 (as previously announced on 14 December 2018), the Company now has 52,614,517 Ordinary Shares in issue. With effect from today the Company's Ordinary Shares will trade under the new ISIN number GG00BHR3GH97.

On this basis, a holder of 10,000 Ordinary Shares will have 1,603 Ordinary Shares redeemed, and receive £1,435.48 in cash. Approximately 16.0% of the issued share capital was redeemed.

In conformity with the FCA's Disclosure Guidance and Transparency Rules (DTR 5.6.1), the Company notifies that the Company's issued share capital now consists of 52,614,517 Ordinary Shares. No Ordinary Shares are held in Treasury, therefore the total number of Ordinary Shares with voting rights in the Company is 52,614,517.

This figure 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 Company under the FCA's Disclosure Guidance and Transparency Rules (DTR 5.1.2).

It is expected that the proceeds of the redemption will be paid through CREST to holders of Ordinary Shares in uncertificated form, and paid by cheque to holders of Ordinary Shares in certificated form, on 16 January 2019.

Enquiries:

Chenavari Investment Managers

Kirstie Sumarno

Email: [email protected]

Telephone: +44 20 7259 3600

Fidante Capital

John Armstrong-Denby/Nick Donovan, Corporate Broking

Telephone: +44 20 7832 0900