Portfolio Update

Acorn Income Fund Ld
04 July 2006

Acorn Income Fund Limited (the 'Company')



Disclosure requirement re : UKLA Listing Rule 15.4.11



In accordance with the UKLA Listing Rule 15.4.11, the following list represents
the Company's ten largest investments as at 30 June 2006:



Name of Company
Robert Walters
Rotork
James Halstead
Pendragon
Fenner Ord
VP
UK (Govt) 8.75% 25/08/17
Diploma
Renishaw
Laird Group




                      This information is provided by RNS
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