Result of Class Meeting of ZDP Shareholders

Acorn Income Fund Limited (the “Company”)
 (a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 34778)

RESULT OF CLASS MEETING OF
ZERO DIVIDEND PREFERENCE SHAREHOLDERS
21 December 2016

The Company advises that the ordinary resolution, as outlined below, put to the holders of ZDP Shares at the Class Meeting of the Company held on 20 December 2016 at 2.00 p.m was duly passed:

“That the holders of ZDP Shares hereby sanction and consent to:

1.1 the passing and carrying into effect, as a special resolution of the Company, of the first resolution contained in the notice of extraordinary general meeting of the Company dated 29 November 2016 (the ‘‘EGM Notice’’);

1.2 the passing and carrying into effect, as an ordinary resolution of the Company, of the fourth resolution contained in the EGM Notice;

1.3 the passing and carrying into effect, as an ordinary resolution of the Company, of the fifth resolution contained in the EGM Notice; and

1.4 any variation or abrogation and/or deemed variation or abrogation of the rights attached to the ZDP Shares which will, or may, result from the passing and carrying into effect of the resolutions referred to in the foregoing sub-paragraphs of this resolution and/or the implementation of the Proposals (as defined in the circular to Shareholders of the Company dated 29 November 2016).”

(8,842,507 votes in favour, 0 votes against, 0 votes withheld)

Enquiries:
Company website: https://www.premierfunds.co.uk/investors/investments/investment-trusts/acorn-income-fund

Investment Manager:
Premier Fund Managers Limited
Nigel Sidebottom
Tel: [phone]
Email: [e-mail]

Broker, Financial Adviser and Sponsor:
Numis Securities Limited
Nathan Brown
Tel: [phone]
Email:[e-mail]

Company Secretary:
Northern Trust International Fund Administration Services (Guernsey) Limited
Cara De La Mare
Tel: [phone]
Email: [e-mail]