Net Asset Value(s)

ACM European Enhanced Inc.Fund PLC
16 September 2005


                                                           16th  September 2005

Re:       ACM European Enhanced Income Fund plc

Please find below the latest weekly Net Asset Value per share of the above fund
as at 15/09/05

Net Asset Value in Sterling including Net Income                         0.7456

Net Asset Value in Sterling excluding Net Income                         0.7348

Please note that State Street International is authorised to issue the ACM Euro
Enhanced price.


Kind regards,

_________________

Melissa Connell

Transfer Agency

State Street International (Irl) Limited


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