Disclosure of Rights Attached to Ordinary Shares

The Schiehallion Fund Limited

Information disclosed in accordance with LR 9.2.6ER(1)

In compliance with Listing Rule 9.2.6ER(1), the Company has forwarded to the FCA for publication a copy of its Articles of Association, which is the document that sets out the terms and conditions on which its listed equity shares were issued.

A copy of the Company's Articles of Association has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Baillie Gifford & Co Limited

28 April 2020

Legal Entity Identifier: 213800NQOLJA1JCWXQ56

Regulated Information Classification: Additional regulated information required to be disclosed under applicable law