NB Distressed Debt Investment Fund Limited
Annual General Meeting held on 4 June 2015 at 13:30 BST held
at 1st Floor, Elizabeth House, Les Ruettes Brayes, St Peter Port, Guernsey, GY1 1EW

Results of proxy votes received

ORDINARY RESOLUTIONS

FOR

AGAINST

WITHHELD

TOTAL

VOTE

1

To receive and consider the Audited Annual Financial Report

and Financial Statements for the year ended 31 December

2014, together with the Reports of the Directors and Auditors thereon

261,742,015

261,742,015

2

To re-elect Mr Robin Monro-Davies as a Director of the

Company

261,742,015

261,742,015

3

To re-elect Mr Patrick Flynn as a Director of the Company

214,229,133

47,512,882

261,742,015

4

To re-elect Mr Michael Holmberg as a Director of the

Company

214,229,133

47,512,882

261,742,015

5

To re-elect Mr Christopher Sherwell as a Director of the

Company

184,392,571

77,349,444

261,742,015

6

To re-elect Mr John Hallam as a Director of the Company

184,174,798

77,349,444

217,773

261,742,015

7

To re-elect Mr Talmai Morgan as a Director of the Company

184,392,571

77,349,444

261,742,015

8

To reappoint KPMG Channel Islands Limited as the independent Auditors of the Company

185,998,736

75,743,279

261,742,015

9

To authorise the Directors to determine the auditors'

remuneration

230,083,179

31,658,836

261,742,015

SPECIAL BUSINESS

10

To allow the Directors to make market purchases of Shares

according to the Resolution as tabled to the meeting

217,657,572

2,417,112

41,667,331

261,742,015

distributed by