Dividend Declaration

21 May 2015

                           Acorn Income Fund Limited   

 (a closed-ended investment company incorporated in Guernsey with registration 
                                 number 34778) 
                        

Re: Dividend Announcement

The Directors of Acorn Income Fund Limitedhave declared a second interim
dividend of 3.5 pence per Ordinary Share for the year ending 31 December 2015,
which represents an increase of 7.7% compared to the corresponding dividend of
3.25 pence for the year ended 31 December 2014.

Ex Dividend Date         4 June 2015

Record Date              5 June 2015

Payment Date             26 June 2015

Dividend per Share       3.5 pence per Ordinary Share (Sterling)


For further information please contact:

Northern Trust International Fund Administration Services (Guernsey) Limited

Company Secretary [phone]