Guernsey, 16 October 2014 - The Board of Volta Finance Limited (the "Company") have appointed Stephen John Le Page as a director to the Board. In addition Mr Le Page will assume the role of Audit Committee Chairman and Paul Meader Senior Independent Director on the retirement of Christian Jimenez at the forthcoming Annual General Meeting. Mr Jimenez has served the Company since inception as Audit Committee Chairman and Senior Independent Director and the Board would like to express their thanks for his valuable contribution to the Company over the past eight years.

Mr Le Page (58) brings with him a wealth of experience in financial reporting and governance, in particular in the listed investment funds sector. His expertise in these areas, internal financial control and management of financial risks will help the Board to further improve its reporting to stakeholders and to meet the governance challenges facing listed investment funds.

Mr Le Page, a Guernsey resident, was a partner with PricewaterhouseCoopers in the Channel Islands from 1994 until September 2013. During his career with that firm he worked with many different types of financial organization, but primarily investment funds, as both auditor and advisor. He also served as the Senior Partner of the firm, effectively carrying out the role of chief executive and leading considerable growth in that business.

Mr Le Page is a Fellow of the Institute of Chartered Accountants in England and Wales and a Chartered Tax Advisor. He is a past president of the Guernsey Society of Chartered and Certified Accountants and a past Chairman of the Guernsey International Business Association.

Mr Le Page holds a number of other non-executive roles, including as non-executive director and Audit Committee Chairman of BlueCrest AllBlue Fund Limited which has a premium listing on the London Stock Exchange (Paul Meader is also a non-executive director of this company).