Riverstone Credit Opportunities Income Plc

Interim Management Statement

London, UK 26 May 2020: Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") is issuing this Interim Management Statement ("IMS") for the period from 01 January 2020 to 31 March 2020 (the "period").

Highlights

Key Financials (unaudited)                                                                          

§  As of 31 March 2020, RCOI had a NAV per share of $0.969.

Quarterly Dividend

§  Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") is pleased to announce the interim dividend for the period ending 31 March 2020 of 1.8 cents per share, has been declared by the Directors, payable on 26 June 2020 to holders of ordinary shares on the register at the close of business on 5 June 2020 (ex-dividend date is 4 June 2020).

§  The Company's factsheet will be located on the Company's website, www.RiverstoneCOI.com

Manager Outlook

§  The Investment Manager's focus on asset-based lending with structural protections and conservative loan-to-value ratios has resulted in relatively strong fundamental performance during very challenging market conditions.  Despite the large number of investment opportunities that have been reviewed, the Investment Manager has remained very disciplined in deploying capital.

§  The current macro environment for energy has been highly volatile due to the acceleration of the coronavirus pandemic globally as well as developments related to OPEC+ which have been changing rapidly. These dynamics have created significant dislocations in the energy market, and many small and middle market companies are expected to need capital. In addition to providing support to existing portfolio companies, the Investment Manager expects to take advantage of opportunities that arise from the difficulties borrowers are facing in terms of access to financing.

Reuben Jeffery III, Chairman of RCOI, commented:

"Financial markets globally are currently experiencing tremendous volatility and headwinds due to the global COVID-19 pandemic.  Despite this, RCOI is still able to distribute a dividend and remains focused on managing its portfolio through this challenging period.  In addition, the Company will be returning uncommitted capital to shareholders through an ongoing share buy-back program."

David M. Leuschen and Pierre F. Lapeyre Jr., Co-Founders of Riverstone, added:

"The energy markets are going through a period of unprecedented decline. However, RCOI's portfolio has remained resilient on a relative basis compared to the markets more broadly, and we believe that its differentiated investment strategy focused on downside protection will support the ability to protect principal and weather through this difficult time."

- Ends -

RCOI's Prospectus is available to view at: www.RiverstoneCOI.com

About Riverstone Credit Opportunities Income Plc:

RCOI seeks to generate consistent Shareholder returns predominantly in the form of income distributions, principally by making senior secured loans to small and middle-market energy companies. The investment strategy is predicated on asset-based lending, with conservative loan-to-value ratios and structural protective features to mitigate risk. The Company will invest broadly across energy subsectors globally, with an initial focus on North America. RCOI intends to create a diversified portfolio across basins, commodities, and end-markets to provide natural synergies and hedges that could enhance the overall stability of the portfolio.

For further details, see www.RiverstoneCOI.com

Neither the contents of RCOI's website nor the contents of any website accessible from hyperlinks on the websites (or any other website) is incorporated into, or forms part of, this announcement.

Media Contacts

For Riverstone Credit Opportunities Income Plc:

Daniel Lim

+1 212 271 6266