Dividend Declaration

1 September 2015

Acorn Income Fund Limited

Re:      Dividend Announcement

The Directors of Acorn Income Fund Limited have declared a third 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          17 September 2015

Record Date                 18 September 2015

Payment Date               29 September 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]